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 →
3.91%
of homes sold last year (turnover)
-2.6%
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 8 of 10
628 Prairie Star Circle
MLS #: 5782046 More Details →
628 Prairie Star Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $380,000
DOM: 0
Taxes: $1,425/yr
Year Built: 1999
Listed By: Quest Real Estate Partners
List Price $380,000
Est. Monthly Cost* $2,896.90
Price Drop - $5,800 off
4937 Dewar Drive
MLS #: 4448770 More Details →
4937 Dewar Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 4/3
Garage: 2.0
List Price: $390,000 $384,200
DOM: 19
Taxes: $1,431/yr
Year Built: 1978
Listed By: EveryState Inc.
List Price $384,200
Est. Monthly Cost* $2,925.31
Price Drop - $5,000 off
4471 Samaritan Loop
MLS #: 1467366 More Details →
4471 Samaritan Loop, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $390,000 $385,000
DOM: 136
Taxes: $3,057/yr
Year Built: 2022
Listed By: Epique Realty
List Price $385,000
Est. Monthly Cost* $3,066.20
Under Contract
4323 Eastcrest Circle
MLS #: 2066042 More Details →
4323 Eastcrest Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 6/3
Garage: 2.0
List Price: $389,900
DOM: 37
Taxes: $1,271/yr
Year Built: 1981
Listed By: Keller Williams Trilogy
List Price $389,900
Est. Monthly Cost* $2,949.93
4087 London Lane
MLS #: 1593623 More Details →
4087 London Lane, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 1.0
List Price: $390,000
DOM: 14
Taxes: $1,310/yr
Year Built: 1971
Listed By: Keller Williams Clients Choice Realty
List Price $390,000
Est. Monthly Cost* $2,953.81
Price Drop - $20,000 off
4925 Wineskin Circle
MLS #: 6696654 More Details →
4925 Wineskin Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 1.0
List Price: $410,000 $390,000
DOM: 110
Taxes: $820/yr
Year Built: 1983
Listed By: PCS Partners, LLC
List Price $390,000
Est. Monthly Cost* $2,913.04
Price Drop - $12,300 off
4260 Daylilly Drive
MLS #: 9733590 More Details →
4260 Daylilly Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/4
Garage: 2.0
List Price: $410,000 $397,700
DOM: 29
Taxes: $1,430/yr
Year Built: 1997
Listed By: EveryState Inc.
List Price $397,700
Est. Monthly Cost* $3,015.08
Price Drop - $18,000 off
4844 Sea Eagle Drive
MLS #: 6975722 More Details →
4844 Sea Eagle Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $416,000 $398,000
DOM: 54
Taxes: $1,476/yr
Year Built: 2001
Listed By: HomeSmart
List Price $398,000
Est. Monthly Cost* $3,020.92
Under Contract
Price Drop - $29,500 off
256 Murray Boulevard
MLS #: 7481933 More Details →
256 Murray Boulevard, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 4/2
Garage: 2.0
List Price: $428,000 $398,500
DOM: 109
Taxes: $1,286/yr
Year Built: 1969
Listed By: Walston Group Real Estate, Inc
List Price $398,500
Est. Monthly Cost* $3,008.41
Price Drop - $19,000 off
4506 Lancaster Drive
MLS #: 2805393 More Details →
4506 Lancaster Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 2.0
List Price: $418,000 $399,000
DOM: 11
Taxes: $1,195/yr
Year Built: 1981
Listed By: The Resource Group
List Price $399,000
Est. Monthly Cost* $3,004.17
Price Drop - $16,000 off
2210 Farnsworth Drive
MLS #: 7094450 More Details →
2210 Farnsworth Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 6/3
Garage: 2.0
List Price: $415,000 $399,000
DOM: 60
Taxes: $1,292/yr
Year Built: 1978
Listed By: REMAX PROPERTIES
List Price $399,000
Est. Monthly Cost* $3,012.25
Under Contract
215 Twain Court
MLS #: 1904798 More Details →
215 Twain Court, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 2.0
List Price: $399,000
DOM: 11
Taxes: $1,207/yr
Year Built: 1970
Listed By: Timber & Trail Real Estate LLC
List Price $399,000
Est. Monthly Cost* $3,005.13
1115 Nolte Drive
MLS #: 7699293 More Details →
1115 Nolte Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 3.0
List Price: $399,900
DOM: 22
Taxes: $1,503/yr
Year Built: 1978
Listed By: Pulse Real Estate Group LLC
List Price $399,900
Est. Monthly Cost* $3,035.83
Price Drop - $20,100 off
625 Golden Eagle Drive
MLS #: 8490640 More Details →
625 Golden Eagle Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $420,000 $399,900
DOM: 77
Taxes: $1,610/yr
Year Built: 1997
Listed By: Keller Williams Clients Choice Realty
List Price $399,900
Est. Monthly Cost* $3,044.73
Price Drop - $25,000 off
4709 Tetman Lane
MLS #: 2163552 More Details →
4709 Tetman Lane, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $424,900 $399,900
DOM: 23
Taxes: $1,310/yr
Year Built: 2002
Listed By: Keller Williams Clients Choice Realty
List Price $399,900
Est. Monthly Cost* $3,019.71
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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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