Is 80908 a buyer or seller market?
Right now, 80908 (Black Forest & North Gate) is a buyer's market.
48%
of listings sell (vs expire)
94.4%
sold vs original list
40.1%
got a seller concession
Based on 31 closed and 33 failed listings, trailing 90 days. Full demand and concessions data.

How 80908 holds value

Compare all zips →
5.89%
of homes sold last year (turnover)
-4.4%
1-year appreciation
+15.4%
5-year appreciation
about 2.9%/yr
+2.0
points vs market (5yr)
+73.5%
10-year appreciation
about 5.7%/yr
2006 · $465,000 shaded: 2020 to 2022 surge 2026 · $615,000
Turnover = homes sold in the last 12 months vs the count of homes in 80908 (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 80908 - Black Forest & North Gate

286 + 75 Active + Under Contract
$1,000,384 Avg List Price
97 Avg Days on Market
$284,990 Lowest Price
$7,850,000 Highest Price

Closed Sales - Last 30 Days

31 Sold
$736,487 Avg Close Price
92.1% Avg Close-to-Original List
94.4% Median Close-to-Original List

Market Comparison

$674,450 Area Median Price
42.0% above regional median vs Regional Median ($475,000)

Month-over-Month Trends

↑ +1.2% Avg List Price
↑ +6.7 Avg DOM
↓ -4.0% CPOLP

Showing active residential listings in zip code 80908. Updated every 15 minutes from the elevateMLS.

Get Alerts for 80908

Market Breakdown

Price Distribution

Under $300K
2 (0.7%)
$300K - $450K
36 (12.6%)
$450K - $600K
82 (28.7%)
$600K+
166 (58.0%)

Property Types

Single Family
264 (92.3%)
Townhouse
20 (7.0%)
Condo
2 (0.7%)

Bedrooms

3
1 bd
15
2 bd
65
3 bd
113
4 bd
67
5 bd
23
6+ bd
361 results · Page 25 of 25
16238 Open Sky Way
MLS #: 3161558 More Details →
16238 Open Sky Way, Colorado Springs
Type: Single Family
Zip: 80908
Beds/Baths: 5/7
Garage: 8.0
List Price: $7,850,000
DOM: 2
Taxes: $7,598/yr
Year Built: 2023
Listed By: Engel & Volkers Denver
List Price $7,850,000
Est. Monthly Cost* $53,109.41
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About 80908 - Black Forest & North Gate

Black Forest and North Gate — the forested, semi-rural area north of the city. Ponderosa pines, 5+ acre lots, and well water characterize much of this zip. Popular with equestrian buyers and those seeking privacy and elbow room. D20 and D38 schools depending on location.

Zip code 80908 in Colorado Springs currently has 286 active residential listings ranging from $284,990 to $7,850,000, with an average list price of $1,000,384. Homes in this area average 97 days on market. In the last 30 days, 31 homes sold in 80908 at an average close price of $736,487, with buyers paying an average of 92.1% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $6,736 to $7,082 including taxes and insurance.

Nearby Zip Codes

80920 - Northgate & Flying Horse 80921 - Cordera & Wolf Ranch 80831 - Falcon & Woodmen Hills 80132 - Monument & Palmer Lake

School districts serving 80908: Academy-20, Colorado Springs 11, District 49, Lewis-Palmer-38

Looking for a home in 80908? 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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