Is 80916 a buyer or seller market?
Right now, 80916 (South Powers & Hancock) is a balanced market.
61%
of listings sell (vs expire)
97.6%
sold vs original list
53.2%
got a seller concession
Based on 27 closed and 17 failed listings, trailing 90 days. Full demand and concessions data.

How 80916 holds value

Compare all zips →
3.9%
of homes sold last year (turnover)
-2.5%
1-year appreciation
+8.7%
5-year appreciation
about 1.7%/yr
-4.7
points vs market (5yr)
+100.1%
10-year appreciation
about 7.2%/yr
2006 · $149,000 shaded: 2020 to 2022 surge 2026 · $349,000
Turnover = homes sold in the last 12 months vs the count of homes in 80916 (El Paso County assessor). Appreciation is the change in median sale price. Most of the multi-year gain came in the 2020 to 2022 surge (shaded) and has been roughly flat since, so the per-year rate is the steadier read. "Points vs market" is this zip's five-year appreciation minus the market-wide figure: positive means it beat the market, negative means it lagged. Source: Rob Thompson, Realtor, Iconic Colorado Properties.

Homes for Sale in 80916 - South Powers & Hancock

104 + 34 Active + Under Contract
$318,140 Avg List Price
68 Avg Days on Market
$89,000 Lowest Price
$500,000 Highest Price

Closed Sales - Last 30 Days

27 Sold
$318,468 Avg Close Price
97.5% Avg Close-to-Original List
97.6% Median Close-to-Original List

Market Comparison

$328,000 Area Median Price
30.9% below regional median vs Regional Median ($475,000)

Month-over-Month Trends

↓ -2.1% Avg List Price
↑ +10.1 Avg DOM
+0.3% CPOLP

Showing active residential listings in zip code 80916. Updated every 15 minutes from the elevateMLS.

Get Alerts for 80916

Market Breakdown

Price Distribution

Under $300K
42 (40.4%)
$300K - $450K
58 (55.8%)
$450K - $600K
4 (3.8%)
$600K+
0 (0.0%)

Property Types

Single Family
61 (58.7%)
Townhouse
24 (23.1%)
Condo
19 (18.3%)

Bedrooms

25
2 bd
57
3 bd
15
4 bd
6
5 bd
1
6+ bd
138 results · Page 5 of 10
2535 Gina Drive
MLS #: 2142228 More Details →
2535 Gina Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/1
Garage: 1.0
List Price: $309,000
DOM: 6
Taxes: $1,140/yr
Year Built: 1972
Listed By: RE/MAX Professionals, Inc.
List Price $309,000
Est. Monthly Cost* $2,400.77
Price Drop - $10,000 off
5134 Dovetail Lane
MLS #: 2234902 More Details →
5134 Dovetail Lane, Colorado Springs
Type: Townhouse
Zip: 80916
Beds/Baths: 4/4
Garage: 2.0
List Price: $320,000 $310,000
DOM: 7
Taxes: $1,167/yr
Year Built: 2003
Listed By: Red White and Blue Realty Group Inc
List Price $310,000
Est. Monthly Cost* $2,409.69
2551 Payne Circle
MLS #: 1175052 More Details →
2551 Payne Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/1
Garage: 1.0
List Price: $310,000
DOM: 0
Taxes: $790/yr
Year Built: 1971
Listed By: REMAX PROPERTIES
List Price $310,000
Est. Monthly Cost* $2,378.27
Price Drop - $38,901 off
5342 Canadian Rose View
MLS #: 5869623 More Details →
5342 Canadian Rose View, Colorado Springs
Type: Townhouse
Zip: 80916
Beds/Baths: 3/3
Garage: 1.0
List Price: $349,900 $310,999
DOM: 55
Taxes: $1,221/yr
Year Built: 2010
Listed By: Keller Williams Clients Choice Realty
List Price $310,999
Est. Monthly Cost* $2,420.80
Price Drop - $10,000 off
4460 Carolyn Drive
MLS #: 4187882 More Details →
4460 Carolyn Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 4/2
Garage: 1.0
List Price: $325,000 $315,000
DOM: 18
Taxes: $877/yr
Year Built: 1972
Listed By: Springs Lifestyles Real Estate Inc.
List Price $315,000
Est. Monthly Cost* $2,418.78
Under Contract
4525 Anjelina Circle
MLS #: 2464115 More Details →
4525 Anjelina Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 4/2
Garage: 1.0
List Price: $315,000
DOM: 3
Taxes: $1,249/yr
Year Built: 1972
Listed By: REMAX PROPERTIES
List Price $315,000
Est. Monthly Cost* $2,449.78
Price Drop - $15,000 off
4032 Colony Hills Circle
MLS #: 2453992 More Details →
4032 Colony Hills Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 0
List Price: $335,000 $320,000
DOM: 43
Taxes: $1,156/yr
Year Built: 1970
Listed By: Exp Realty LLC
List Price $320,000
Est. Monthly Cost* $2,475.27
3453 Shrikes Tail Heights
MLS #: 1044180 More Details →
3453 Shrikes Tail Heights, Colorado Springs
Type: Townhouse
Zip: 80916
Beds/Baths: 2/3
Garage: 2.0
List Price: $324,000
DOM: 44
Taxes: $982/yr
Year Built: 2010
Listed By: Real Broker, LLC DBA Real
List Price $324,000
Est. Monthly Cost* $2,487.43
Price Drop - $20,000 off
1051 Nolte Drive
MLS #: 7854799 More Details →
1051 Nolte Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 1.0
List Price: $344,900 $324,900
DOM: 35
Taxes: $1,226/yr
Year Built: 1979
Listed By: Town & Country Realty Inc
List Price $324,900
Est. Monthly Cost* $2,513.73
Price Drop - $2,000 off
4909 Black Vulture Grove
MLS #: 1666257 More Details →
4909 Black Vulture Grove, Colorado Springs
Type: Townhouse
Zip: 80916
Beds/Baths: 2/3
Garage: 2.0
List Price: $330,000 $328,000
DOM: 23
Taxes: $983/yr
Year Built: 2007
Listed By: West and Main Homes
List Price $328,000
Est. Monthly Cost* $2,514.14
Price Drop - $17,000 off
776 Bosque Vista Point
MLS #: 4170332 More Details →
776 Bosque Vista Point, Colorado Springs
Type: Condo
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $345,000 $328,000
DOM: 138
Taxes: $1,039/yr
Year Built: 2006
Listed By: Exp Realty LLC
List Price $328,000
Est. Monthly Cost* $2,518.75
Price Drop - $40,000 off
4218 Halstead Circle
MLS #: 7423043 More Details →
4218 Halstead Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 4/2
Garage: 1.0
List Price: $369,900 $329,900
DOM: 50
Taxes: $1,292/yr
Year Built: 1982
Listed By: Town & Country Realty Inc
List Price $329,900
Est. Monthly Cost* $2,552.50
Price Drop - $5,000 off
5354 Blair View
MLS #: 4928454 More Details →
5354 Blair View, Colorado Springs
Type: Townhouse
Zip: 80916
Beds/Baths: 3/3
Garage: 1.0
List Price: $340,000 $335,000
DOM: 19
Taxes: $873/yr
Year Built: 2014
Listed By: Bronze Star Realty, LLC
List Price $335,000
Est. Monthly Cost* $2,551.51
Price Drop - $28,000 off
4825 Eldon Drive
MLS #: 6107697 More Details →
4825 Eldon Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 2.0
List Price: $365,000 $337,000
DOM: 212
Taxes: $1,192/yr
Year Built: 1982
Listed By: Terry C Dodd
List Price $337,000
Est. Monthly Cost* $2,591.37
3433 Hunterwood Drive
MLS #: 8869745 More Details →
3433 Hunterwood Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 4/2
Garage: 2.0
List Price: $340,000
DOM: 0
Taxes: $1,197/yr
Year Built: 1983
Listed By: Real Broker, LLC DBA Real
List Price $340,000
Est. Monthly Cost* $2,611.78
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About 80916 - South Powers & Hancock

South Powers and Hancock — south-southeast Colorado Springs covering a wide area from Academy Blvd east to Powers. One of the most affordable zips in the city with a mix of established neighborhoods and newer construction. Harrison D2 schools. Strong demand from first-time buyers and investors.

Zip code 80916 in Colorado Springs currently has 104 active residential listings ranging from $89,000 to $500,000, with an average list price of $318,140. Homes in this area average 68 days on market. In the last 30 days, 27 homes sold in 80916 at an average close price of $318,468, with buyers paying an average of 97.5% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $2,621 to $3,688 including taxes and insurance.

Nearby Zip Codes

80910 - Southeast Colorado Springs 80911 - Widefield & Security 80925 - Lorson Ranch & Schriever 80914 - Cimarron Hills

School districts serving 80916: Colorado Springs 11, Harrison-2

Looking for a home in 80916? Contact Rob Thompson at 719.440.6626 for a personalized home search or visit our monthly payment search to find homes that fit your budget. You can also browse by budget: under $1,500/mo, under $2,000/mo, under $2,500/mo, or under $3,000/mo.

The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Estimated monthly costs assume 7.0% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

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