Is 80916 a buyer or seller market?
Right now, 80916 (South Powers & Hancock) is a balanced market.
53%
of listings sell (vs expire)
97.8%
sold vs original list
48.9%
got a seller concession
Based on 19 closed and 17 failed listings, trailing 90 days. Full demand and concessions data.

How 80916 holds value

Compare all zips →
3.95%
of homes sold last year (turnover)
-1.6%
1-year appreciation
+7.7%
5-year appreciation
about 1.5%/yr
-5.7
points vs market (5yr)
+100.0%
10-year appreciation
about 7.2%/yr
2006 · $149,000 shaded: 2020 to 2022 surge 2026 · $346,750
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

99 + 32 Active + Under Contract
$317,226 Avg List Price
71 Avg Days on Market
$84,000 Lowest Price
$500,000 Highest Price

Closed Sales - Last 30 Days

19 Sold
$285,095 Avg Close Price
95.6% Avg Close-to-Original List
97.8% Median Close-to-Original List

Market Comparison

$342,000 Area Median Price
28.0% below regional median vs Regional Median ($475,000)

Month-over-Month Trends

+0.5% Avg List Price
↓ -3.5 Avg DOM
-0.5% 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
38 (38.4%)
$300K - $450K
57 (57.6%)
$450K - $600K
4 (4.0%)
$600K+
0 (0.0%)

Property Types

Single Family
59 (59.6%)
Townhouse
22 (22.2%)
Condo
18 (18.2%)

Bedrooms

25
2 bd
54
3 bd
13
4 bd
6
5 bd
1
6+ bd
131 results · Page 5 of 9
Under Contract
Price Drop - $15,000 off
4032 Colony Hills Circle
MLS #: 2453992 More Details →
4032 Colony Hills Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 0
List Price: $335,000 $320,000
DOM: 48
Taxes: $1,156/yr
Year Built: 1970
Listed By: Exp Realty LLC
List Price $320,000
Est. Monthly Cost* $2,475.27
3453 Shrikes Tail Heights
MLS #: 1044180 More Details →
3453 Shrikes Tail Heights, Colorado Springs
Type: Townhouse
Zip: 80916
Beds/Baths: 2/3
Garage: 2.0
List Price: $324,000
DOM: 44
Taxes: $982/yr
Year Built: 2010
Listed By: Real Broker, LLC DBA Real
List Price $324,000
Est. Monthly Cost* $2,487.43
Price Drop - $20,100 off
776 Bosque Vista Point
MLS #: 4170332 More Details →
776 Bosque Vista Point, Colorado Springs
Type: Condo
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $345,000 $324,900
DOM: 155
Taxes: $1,039/yr
Year Built: 2006
Listed By: Exp Realty LLC
List Price $324,900
Est. Monthly Cost* $2,498.13
★ Assumable loan advertised — could run well below today's rate
Under Contract
Price Drop - $20,000 off
1051 Nolte Drive
MLS #: 7854799 More Details →
1051 Nolte Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 1.0
List Price: $344,900 $324,900
DOM: 48
Taxes: $1,226/yr
Year Built: 1979
Listed By: Town & Country Realty Inc
List Price $324,900
Est. Monthly Cost* $2,513.73
Price Drop - $2,000 off
4909 Black Vulture Grove
MLS #: 1666257 More Details →
4909 Black Vulture Grove, Colorado Springs
Type: Townhouse
Zip: 80916
Beds/Baths: 2/3
Garage: 2.0
List Price: $330,000 $328,000
DOM: 23
Taxes: $983/yr
Year Built: 2007
Listed By: West and Main Homes
List Price $328,000
Est. Monthly Cost* $2,514.14
Price Drop - $35,000 off
4825 Eldon Drive
MLS #: 6107697 More Details →
4825 Eldon Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 2.0
List Price: $365,000 $330,000
DOM: 224
Taxes: $1,192/yr
Year Built: 1982
Listed By: Terry C Dodd
List Price $330,000
Est. Monthly Cost* $2,544.80
★ Assumable loan advertised — could run well below today's rate
3433 Hunterwood Drive
MLS #: 8869745 More Details →
3433 Hunterwood Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 4/2
Garage: 2.0
List Price: $340,000
DOM: 107
Taxes: $1,197/yr
Year Built: 1983
Listed By: Real Broker, LLC DBA Real
List Price $340,000
Est. Monthly Cost* $2,611.78
Under Contract
Price Drop - $40,000 off
3310 Bridgewater Drive
MLS #: 3783564 More Details →
3310 Bridgewater Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 2.0
List Price: $380,000 $340,000
DOM: 228
Taxes: $1,302/yr
Year Built: 1984
Listed By: Ed Prather Real Estate
List Price $340,000
Est. Monthly Cost* $2,620.50
Price Drop - $20,000 off
4545 Anjelina Circle
MLS #: 5095819 More Details →
4545 Anjelina Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 4/2
Garage: 1.0
List Price: $362,000 $342,000
DOM: 72
Taxes: $1,227/yr
Year Built: 1972
Listed By: Olmsted Realty
List Price $342,000
Est. Monthly Cost* $2,627.56
Price Drop - $10,000 off
4301 Deerfield Hills Road
MLS #: 9876742 More Details →
4301 Deerfield Hills Road, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 1.0
List Price: $355,000 $345,000
DOM: 31
Taxes: $1,274/yr
Year Built: 1971
Listed By: Keller Williams Partners
List Price $345,000
Est. Monthly Cost* $2,651.46
4130 Shining Way
MLS #: 1895207 More Details →
4130 Shining Way, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/2
Garage: 2.0
List Price: $345,000
DOM: 0
Taxes: $1,219/yr
Year Built: 1983
Listed By: Metro Real Estate Group
List Price $345,000
Est. Monthly Cost* $2,646.88
Under Contract
4139 Jericho Loop
MLS #: 5426433 More Details →
4139 Jericho Loop, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 1.0
List Price: $345,000
DOM: 4
Taxes: $2,335/yr
Year Built: 2021
Listed By: Opendoor Brokerage LLC
List Price $345,000
Est. Monthly Cost* $2,739.89
Price Drop - $7,100 off
5269 Painted Sky View
MLS #: 3709119 More Details →
5269 Painted Sky View, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 2/2
Garage: 2.0
List Price: $357,000 $349,900
DOM: 78
Taxes: $1,347/yr
Year Built: 2023
Listed By: Exp Realty LLC
List Price $349,900
Est. Monthly Cost* $2,690.12
3472 Colony Hills Road
MLS #: 6601604 More Details →
3472 Colony Hills Road, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 4/2
Garage: 2.0
List Price: $350,000
DOM: 3
Taxes: $1,295/yr
Year Built: 1970
Listed By: Real Broker, LLC DBA Real
List Price $350,000
Est. Monthly Cost* $2,686.46
Price Drop - $25,000 off
4159 Samaritan Loop
MLS #: 3962568 More Details →
4159 Samaritan Loop, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 1.0
List Price: $375,000 $350,000
DOM: 41
Taxes: $2,661/yr
Year Built: 2022
Listed By: Solid Rock Realty
List Price $350,000
Est. Monthly Cost* $2,800.33
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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 99 active residential listings ranging from $84,000 to $500,000, with an average list price of $317,226. Homes in this area average 71 days on market. In the last 30 days, 19 homes sold in 80916 at an average close price of $285,095, with buyers paying an average of 95.6% 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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