Homes for Sale in 81240

16 + 5 Active + Under Contract
$583,419 Avg List Price
70 Avg Days on Market
$172,500 Lowest Price
$1,299,000 Highest Price

Closed Sales - Last 30 Days

2 Sold
$230,000 Avg Close Price
73.1% Avg Close-to-Original List
73.1% Median Close-to-Original List

Market Comparison

$520,000 Area Median Price
9.5% above regional median vs Regional Median ($475,000)

Month-over-Month Trends

↓ -7.1% Avg List Price
↓ -17.7 Avg DOM
↑ +8.1% CPOLP

Showing active residential listings in zip code 81240. Updated every 15 minutes from the elevateMLS.

Get Alerts for 81240

Market Breakdown

Price Distribution

Under $300K
2 (12.5%)
$300K - $450K
2 (12.5%)
$450K - $600K
6 (37.5%)
$600K+
6 (37.5%)

Bedrooms

1
2 bd
9
3 bd
5
4 bd
1
5 bd
21 results · Page 1 of 2
Price Drop - $7,500 off
660 M Street
MLS #: 5899500 More Details →
660 M Street, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 4/2
Garage: 0
List Price: $180,000 $172,500
DOM: 1
Taxes: $1,175/yr
Year Built: 1975
Listed By: HomeSmart Preferred Realty
List Price $172,500
Est. Monthly Cost* $1,495.56
Price Drop - $20,900 off
685 7th Street
MLS #: 7815816 More Details →
685 7th Street, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 1.0
List Price: $269,900 $249,000
DOM: 64
Taxes: $1,198/yr
Year Built: 1975
Listed By: Fathom Realty Colorado LLC
List Price $249,000
Est. Monthly Cost* $2,006.40
Under Contract
1566 R Street
MLS #: 5094410 More Details →
1566 R Street, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 2.0
List Price: $299,900
DOM: 7
Taxes: $1,635/yr
Year Built: 2002
Listed By: REMAX PROPERTIES
List Price $299,900
Est. Monthly Cost* $2,381.47
Price Drop - $25,000 off
358 Illinois Street
MLS #: 4911326 More Details →
358 Illinois Street, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 1.0
List Price: $329,900 $304,900
DOM: 264
Taxes: $1,543/yr
Year Built: 1994
Listed By: Homes of Colorado, LLC
List Price $304,900
Est. Monthly Cost* $2,407.08
Under Contract
325 5th Street
MLS #: 3033864 More Details →
325 5th Street, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 1.0
List Price: $325,000
DOM: 47
Taxes: $1,144/yr
Year Built: 1987
Listed By: Pasternak Properties
List Price $325,000
Est. Monthly Cost* $2,507.57
Price Drop - $35,100 off
776 Broadway NA
MLS #: 7402918 More Details →
776 Broadway NA, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 2.0
List Price: $425,000 $389,900
DOM: 90
Taxes: $1,500/yr
Year Built: 2026
Listed By: All Seasons LLC
List Price $389,900
Est. Monthly Cost* $2,969.01
Under Contract
Price Drop - $85,000 off
1335 Apple Lane
MLS #: 9766944 More Details →
1335 Apple Lane, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 6.0
List Price: $550,000 $465,000
DOM: 104
Taxes: $1,263/yr
Year Built: 1976
Listed By: Valor Properties, LLC
List Price $465,000
Est. Monthly Cost* $3,448.92
Price Drop - $7,000 off
2050 15th Street
MLS #: 6090575 More Details →
2050 15th Street, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 2.0
List Price: $477,000 $470,000
DOM: 17
Taxes: $1,807/yr
Year Built: 2007
Listed By: HomeSmart Preferred Realty
List Price $470,000
Est. Monthly Cost* $3,527.54
1407 Top Notch Trail
MLS #: 5154403 More Details →
1407 Top Notch Trail, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 2.0
List Price: $485,000
DOM: 2
Taxes: $1,863/yr
Year Built: 2017
Listed By: Real Broker, LLC DBA Real
List Price $485,000
Est. Monthly Cost* $3,631.97
Price Drop - $40,000 off
72 Pleasure Trail
MLS #: 9761410 More Details →
72 Pleasure Trail, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/3
Garage: 3.0
List Price: $530,000 $490,000
DOM: 19
Taxes: $1,782/yr
Year Built: 2001
Listed By: All Seasons LLC
List Price $490,000
Est. Monthly Cost* $3,658.48
Price Drop - $10,000 off
1747 16th Street
MLS #: 4956532 More Details →
1747 16th Street, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 2.0
List Price: $519,999 $509,999
DOM: 69
Taxes: $1,956/yr
Year Built: 1987
Listed By: The Cutting Edge
List Price $509,999
Est. Monthly Cost* $3,806.08
Price Drop - $10,000 off
855 Marilyn Drive
MLS #: 2259715 More Details →
855 Marilyn Drive, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 4/3
Garage: 3.0
List Price: $540,000 $530,000
DOM: 189
Taxes: $2,014/yr
Year Built: 1969
Listed By: Keller Williams Clients Choice Realty
List Price $530,000
Est. Monthly Cost* $3,943.90
Price Drop - $34,900 off
116 Top Notch Trail
MLS #: 2814195 More Details →
116 Top Notch Trail, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 3/2
Garage: 2.0
List Price: $569,900 $535,000
DOM: 133
Taxes: $2,079/yr
Year Built: 1996
Listed By: Pulse Real Estate Group LLC
List Price $535,000
Est. Monthly Cost* $3,982.65
Under Contract
Price Drop - $45,000 off
1000 S Street
MLS #: 1511950 More Details →
1000 S Street, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 4/4
Garage: 2.0
List Price: $645,000 $600,000
DOM: 91
Taxes: $2,186/yr
Year Built: 1973
Listed By: Real Broker, LLC DBA Real
List Price $600,000
Est. Monthly Cost* $4,423.96
1166 Top Notch Trail
MLS #: 7403876 More Details →
1166 Top Notch Trail, Penrose
Type: Single Family
Zip: 81240
Beds/Baths: 2/2
Garage: 15.0
List Price: $649,500
DOM: 5
Taxes: $2,404/yr
Year Built: 2014
Listed By: REMAX PROPERTIES
List Price $649,500
Est. Monthly Cost* $4,771.47
Prev 1 2 Next

About 81240

Zip code 81240 in Colorado Springs currently has 16 active residential listings ranging from $172,500 to $1,299,000, with an average list price of $583,419. Homes in this area average 70 days on market. In the last 30 days, 2 homes sold in 81240 at an average close price of $230,000, with buyers paying an average of 73.1% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $2,508 to $3,528 including taxes and insurance.

School districts serving 81240: Florence/Fremont RE-2

Looking for a home in 81240? 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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