Is 80916 a buyer or seller market?
Right now, 80916 (South Powers & Hancock) is a balanced market.
68%
of listings sell (vs expire)
97.5%
sold vs original list
56.9%
got a seller concession
Based on 34 closed and 16 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)
-2.8%
1-year appreciation
+9.4%
5-year appreciation
about 1.8%/yr
-5.1
points vs market (5yr)
+101.1%
10-year appreciation
about 7.2%/yr
2006 · $149,000 shaded: 2020 to 2022 surge 2026 · $350,000
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

111 + 36 Active + Under Contract
$322,751 Avg List Price
66 Avg Days on Market
$130,000 Lowest Price
$500,000 Highest Price

Closed Sales - Last 30 Days

34 Sold
$333,680 Avg Close Price
96.8% Avg Close-to-Original List
97.5% Median Close-to-Original List

Market Comparison

$330,000 Area Median Price
30.5% below regional median vs Regional Median ($475,000)

Month-over-Month Trends

↓ -2.1% Avg List Price
↑ +10.1 Avg DOM
+0.3% 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
44 (39.6%)
$300K - $450K
63 (56.8%)
$450K - $600K
4 (3.6%)
$600K+
0 (0.0%)

Property Types

Single Family
65 (58.6%)
Townhouse
26 (23.4%)
Condo
20 (18.0%)

Bedrooms

26
2 bd
59
3 bd
17
4 bd
8
5 bd
1
6+ bd
147 results · Page 10 of 10
4518 Wordsworth Circle
MLS #: 4995786 More Details →
4518 Wordsworth Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 5/2
Garage: 1.0
List Price: $425,000
DOM: 116
Taxes: $1,337/yr
Year Built: 1976
Listed By: milehimodern
List Price $425,000
Est. Monthly Cost* $3,188.94
Price Drop - $34,000 off
4295 Samaritan Loop
MLS #: 8701328 More Details →
4295 Samaritan Loop, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $459,000 $425,000
DOM: 180
Taxes: $3,113/yr
Year Built: 2023
Listed By: The Platinum Group
List Price $425,000
Est. Monthly Cost* $3,336.97
Price Drop - $20,000 off
4550 Star Ridge Drive
MLS #: 7157362 More Details →
4550 Star Ridge Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 4/3
Garage: 2.0
List Price: $449,000 $429,000
DOM: 65
Taxes: $1,604/yr
Year Built: 1996
Listed By: Bau Vy Lockwood
List Price $429,000
Est. Monthly Cost* $3,237.81
Price Drop - $20,000 off
4095 Solarglen Drive
MLS #: 2297016 More Details →
4095 Solarglen Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 5/3
Garage: 2.0
List Price: $450,000 $430,000
DOM: 35
Taxes: $1,480/yr
Year Built: 1997
Listed By: REMAX PROPERTIES
List Price $430,000
Est. Monthly Cost* $3,234.12
5284 Painted Sky View
MLS #: 2835196 More Details →
5284 Painted Sky View, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $438,900
DOM: 0
Taxes: $1,477/yr
Year Built: 2023
Listed By: Coldwell Banker Realty
List Price $438,900
Est. Monthly Cost* $3,293.10
Price Drop - $10,000 off
4268 Marlow Circle
MLS #: 5710263 More Details →
4268 Marlow Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 5/3
Garage: 1.0
List Price: $450,000 $440,000
DOM: 45
Taxes: $1,505/yr
Year Built: 2013
Listed By: REMAX PROPERTIES
List Price $440,000
Est. Monthly Cost* $3,302.75
Price Drop - $10,000 off
2959 Silver Hawk Avenue
MLS #: 1544953 More Details →
2959 Silver Hawk Avenue, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $450,000 $440,000
DOM: 6
Taxes: $1,477/yr
Year Built: 2023
Listed By: Summit Ridge Group LLC
List Price $440,000
Est. Monthly Cost* $3,300.39
4181 Vernal Circle
MLS #: 5911155 More Details →
4181 Vernal Circle, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $450,000
DOM: 36
Taxes: $1,583/yr
Year Built: 1995
Listed By: First Realty Homestead USA, Inc.
List Price $450,000
Est. Monthly Cost* $3,375.78
Price Drop - $15,001 off
4982 Hawk Meadow Drive
MLS #: 6636894 More Details →
4982 Hawk Meadow Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 4/4
Garage: 2.0
List Price: $470,000 $454,999
DOM: 57
Taxes: $1,570/yr
Year Built: 2002
Listed By: Springs Homes Inc
List Price $454,999
Est. Monthly Cost* $3,407.95
690 Snowpeak Court
MLS #: 9505025 More Details →
690 Snowpeak Court, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 3/3
Garage: 2.0
List Price: $475,000
DOM: 12
Taxes: $1,204/yr
Year Built: 1997
Listed By: Coldwell Banker Ranger
List Price $475,000
Est. Monthly Cost* $3,510.50
Under Contract
3031 Poughkeepsie Drive
MLS #: 9437654 More Details →
3031 Poughkeepsie Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 5/3
Garage: 2.0
List Price: $485,000
DOM: 9
Taxes: $1,286/yr
Year Built: 2004
Listed By: Keller Williams Premier Realty
List Price $485,000
Est. Monthly Cost* $3,583.85
4866 Savannah Hawk Drive
MLS #: 5697936 More Details →
4866 Savannah Hawk Drive, Colorado Springs
Type: Single Family
Zip: 80916
Beds/Baths: 5/4
Garage: 2.0
List Price: $500,000
DOM: 51
Taxes: $1,344/yr
Year Built: 2003
Listed By: Metroplex Real Estate
List Price $500,000
Est. Monthly Cost* $3,688.47
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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 111 active residential listings ranging from $130,000 to $500,000, with an average list price of $322,751. Homes in this area average 66 days on market. In the last 30 days, 34 homes sold in 80916 at an average close price of $333,680, with buyers paying an average of 96.8% 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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