2006 · $149,000shaded: 2020 to 2022 surge2026 · $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 + 34Active + Under Contract
$318,140Avg List Price
68Avg Days on Market
$89,000Lowest Price
$500,000Highest Price
Closed Sales - Last 30 Days
27Sold
$318,468Avg Close Price
97.5%Avg Close-to-Original List
97.6%Median Close-to-Original List
Market Comparison
$328,000Area 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.
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.
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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