Monument, CO 80132 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Monument, CO—80132

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$755,000

1.0% YoY Growth

Household Income

$155,000

22.9% YoY Growth

Days on Market

5.0% Shorter YoY

Home Price Forecast

-1.8%

Median Rent

$2,970

2.4% YoY Growth

1-Bed Rent

$1,390

31.8% YoY Growth

2-Bed Rent

$1,980

5.2% YoY Growth

3-Bed Rent

$2,600

0.4% YoY Growth

Home Price Trends — Monument, CO

As of May '26, the median home price in Monument, CO is $755,000, with a year-over-year change of -1.0%. This indicates that home prices in Monument, CO are flat. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$755,000	-1.0%
Single Family	$758,000	-1.0%
Condos	$317,000	-3.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Monument, CO

As of July '25, Rentcast reports the average rent in Monument, CO is $3,010, with a year-over-year rent change of 2.4%. Per bedroom, the median rent as of July '25 in Monument, CO is 1-bedrooms: $1,450, 2-bedrooms: $2,010, 3-bedrooms: $2,730, 4-bedrooms: $3,090. The most common rental property sizes in Monument, CO are 4-bedroom and 3-bedroom, accounting for 29.5% and 28.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,970	$3,010
Studio Rent	N/A	N/A
1 Bed Rent	$1,390	$1,450
2 Bed Rent	$1,980	$2,010
3 Bed Rent	$2,600	$2,730
4 Bed Rent	$3,000	$3,090

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% of Rental Stock

1 Bedroom

14.0%

2 Bedrooms

19.0%

3 Bedrooms

28.4%

4 Bedrooms

29.5%

5+ Bedrooms

9.2%

Property Listings — Monument, CO

As of May '26, Realtor.com reports that the median days on market for a home in Monument, CO is 43. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 47.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$830,000	10.0%
Listing Count	298	25.0%
Listings as % of Homes	0.9%	25.0%
Days on Market	43	-5.0%

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Demographics — Monument, CO

As of the latest ACS Survey released in 2023, Monument, CO has a population of 29,400, which has increased by 41.0% over the past 5 years. Monument, CO is a popular place for families, as children make up 26.6% of the population. The area has a highly educated workforce, with 58.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	29,400	41.0%
% Under 18	26.6%	3.5%
% Seniors	14.8%	5.0%
% WFH	25.1%	87.3%
% w/ College Degree	58.5%	-5.5%

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As of the latest ACS Survey released in 2023, Monument, CO is a predominantly white area, with 83.5% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Monument, CO is hispanic, making up 7.5% of the population. Foreign-born residents account for 4.7% of the population in Monument, CO, and this percentage has decreased by 30.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	83.5%	-0.4%
% Black	0.6%	-71.4%
% Hispanic	7.5%	-1.3%
% Asian	2.7%	68.8%
% Foreign Born	4.7%	-30.9%

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Mortgage and Risk — Monument, CO

According to HUD data as of 2023, there were 1046 mortgage originations in Monument, CO, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Monument, CO. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	1,046
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Monument, CO

As of 2024, the percent of homes in Monument, CO under the Section 8 program is 0.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Monument, CO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	12
Total Units Section 8	12
% Rentals under Section 8	0.7%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$600	$1,390	$1,990
2 Bedroom	$420	$1,980	$2,400
3 Bedroom	$760	$2,600	$3,360
4 Bedroom	$840	$3,000	$3,840

Monument, CO—80132

Key Metrics at a Glance

Home Price Trends — Monument, CO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monument, CO

% of Rental Stock

Property Listings — Monument, CO

Demographics — Monument, CO

Race and Ethnicity

Mortgage and Risk — Monument, CO

Mortgages

Rentals and Section 8 — Monument, CO

Section 8 Market Size

Section 8 Opportunity

Affordability — Monument, CO

Home Price to Income Ratio

Monument, CO — ZIP Code Boundary Map

Nearby ZIP Codes

Palmer Lake, CO

Northgate, Colorado Springs, CO

Air Force Academy, CO

Larkspur, CO

Briargate, Colorado Springs, CO

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.8
Median Home Price	$755,000
Median Household Income	$155,000

Monument, CO—80132

Key Metrics at a Glance

Home Price Trends — Monument, CO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Monument, CO

% of Rental Stock

Property Listings — Monument, CO

Demographics — Monument, CO

Race and Ethnicity

Mortgage and Risk — Monument, CO

Mortgages

Rentals and Section 8 — Monument, CO

Section 8 Market Size

Section 8 Opportunity

Affordability — Monument, CO

Home Price to Income Ratio

Monument, CO — ZIP Code Boundary Map

Nearby ZIP Codes

Palmer Lake, CO

Northgate, Colorado Springs, CO

Air Force Academy, CO

Larkspur, CO

Briargate, Colorado Springs, CO

Frequently Asked Questions

What is the average home price in Monument, CO 80132?

How have home prices in Monument, CO 80132 changed over the past year?

What is the home price projection for Monument, CO 80132?

What are the demographics of Monument, CO 80132?

How long does it take homes to sell in Monument, CO 80132?

What is the average rent price in Monument, CO 80132?