dynamic.RE
dynamic.RELoading market data
Compare with
An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already −8.7% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +2.9% YoY, is the number to watch.
The median listing price is down 8.7% YoY while the median home got down 17.0% bigger, so value per square foot is up 8.0%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $455K purchase rents for $1,895/mo: 0.42% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 1 BR (rent only, no matching sale price).
Sales here take about 70 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 80923 itself, not its parent county.
Renters hold 32.0% of this ZIP's 12,608 occupied households, on a median household income of $102K.
| Measure | ZIP 80923 | El Paso County | Difference |
|---|---|---|---|
| Median Household Income | $102K | $90K | +$11K |
| Below Poverty Level | 4.0% | 8.5% | -4.5% |
| Median Age | 35.10 | 35.10 | 0.00 |
| Total Population | 31,772 | 742,999 | -- |
| Avg Household Size | 2.52 | 2.48 | +0.04 |
| Owner-Occupied | 68.0% | 66.2% | +1.8% |
| Worked From Home | 18.1% | 16.8% | +1.3% |
| Mean Commute | 25.10 | 23.50 | +1.60 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.9% to 742,999: residents under 18 are down 0.4% and those 65 and over are up 3.6%.
County median household income is $90K, 8.5% of residents are below the poverty level, 16.8% work from home.