Tucked at the foot of Pikes Peak at an altitude of 6,035 feet, Colorado Springs is a wonderland of snow-capped peaks, endless bike trails and breathtaking landscape. The city was founded in 1871 by General William Palmer. A bustling hub for the mining industry, the city was dubbed 'Little London' for its affinity to arts and culture.
Today, Colorado Springs is enjoying a resurgence of national recognition for its quality of life and abundant opportunities. In 2008, Kiplinger magazine ranked Colorado Springs fifth in its Best Cities report, based on an analysis of cost of living, climate, education, health and healthcare, crime, transportation, leisure, arts and culture, economy and jobs, and overall quality of life.
From ranches to VictoriansThe central area of Colorado Springs makes up a large section of the city that includes the downtown business district. Homes range from ranch style 1950's-style homes to turn-of-the-century Victorian mansions. This area also includes a wide variety of shops, parks, theaters and restaurants. Colorado College also occupies a large portion of downtowns prestigious Old North End. The average listing price for a home in this area is $184,195.
Northeastern Colorado Springs is located just south of the Briargate and north of the central and east parts of town. This area features higher density residential and restaurants, retail, office and other commercial development. Homes in this area are a healthy mix of styles. Building in this area began in the 1970's and continues today, although on a limited scale. The average listing price for a home in this area is $242,000.
The Black Forest area is perfect for the nature lover. Just minutes from the north end of Colorado Springs, it is a combination of dense pine forest and wide open rolling pine prairie. Certain parts of Black Forest offer stunning views of Pikes Peak and the Front Range. Home lots average five acres, restrictions are very light to nonexistent and horses are permitted with the exception of a few exclusive subdivisions. Recreation includes an equestrian center, a 240-acre county park and the 320-acre Fox Run Park. The average listing price for a home in this area is $433,000. Put on your hiking boots and begin your Colorado Springs real estate search today!
Sources and more information:
http://www.coloradospringschamber.org/
http://www.imagescoloradosprings.com/
http://www.experiencecoloradosprings.com/
Community Information for 80909*
| Population | 38,421 |
| Median Age | 35.62 |
| Median Household Income | $41,464 |
| Households with Children | 28.78% |
| Median Travel Time to Work | 18 minutes |
*Based on zipcode 80909 at the center of this area.
Real Estate Market Information
| Median Home Sale Price | $156,000 |
| Annual Turnover Rate | 22.15% |
| In current residence 5+ years | 35.65% |
| Median years in residence | 3.13 |
| Homes Owned | 45.44% |
| Homes Rented | 45.84% |
| Homes Vacant | 8.72% |