El Paso County, Colorado Housing Market
In El Paso County, Colorado, the median home value is $461,000, with a median monthly rent of $1,696. This places El Paso County at #175 nationally out of 3134 counties by median home value, and #28 within Colorado.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,346
- Establishments: 24,912
- BLS QCEW, 2025
Housing Supply
- Single-family: 2,721
- Multi-family: 2,986
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 308,416 (avg $88,830)
- Outflow: 293,159 (avg $89,931)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in El Paso County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 80809 | 247.8 | -20.31% | 2025 |
| 2 | 80817 | 282.4 | -0.72% | 2025 |
| 3 | 80908 | 297.4 | +5.55% | 2025 |
| 4 | 80915 | 289.7 | -2.21% | 2025 |
| 5 | 80916 | 302.4 | +2.08% | 2025 |
| 6 | 80863 | 282.6 | -3.99% | 2025 |
| 7 | 80904 | 314.0 | -1.96% | 2025 |
| 8 | 81008 | 247.9 | +4.73% | 2025 |
| 9 | 80819 | 277.9 | +5.54% | 2025 |
| 10 | 80133 | 293.3 | +6.49% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How El Paso County Compares
| Metric | El Paso County | Colorado Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $461,000 | $427,512 | $227,706 |
| Median Gross Rent | $1,696 | $1,302 | $968 |
| Owner Occupancy Rate | 66.2% | 71.9% | 73.3% |
| Price/Rent Ratio | 22.7 | 26.3 | 18.7 |
Market Analysis
The median home value in El Paso County is 7.8% above the Colorado state average and 102.5% above the U.S. national average. The median rent of $1,696/month is 30.3% above the state average.
With a price-to-rent ratio of 22.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
El Paso County has an owner-occupancy rate of 66.2%, compared to 71.9% in Colorado and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Wake County | North Carolina | $461,300 | $1,623 |
| Gillespie County | Texas | $460,700 | $1,340 |
| Oconee County | Georgia | $461,600 | $1,462 |
| Dare County | North Carolina | $460,400 | $1,345 |
| Calvert County | Maryland | $460,200 | $1,759 |
Other Counties in Colorado
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Lake County | $466,100 | $1,397 | 75.6% |
| Weld County | $471,700 | $1,539 | 76.0% |
| Archuleta County | $478,100 | $1,432 | 80.1% |
| Teller County | $479,900 | $1,880 | 81.0% |
| Hinsdale County | $437,900 | $1,171 | 76.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).