Monument, CO—80132
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Monument, CO
As of Oct '25, the median home price in Monument, CO is $751,000, with a year-over-year change of 0.2%. This indicates that home prices in Monument, CO are flat. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $751,000 | 0.2% |
| Single Family | $753,000 | 0.0% |
| Condos | $326,000 | -3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $412,000 | -2.6% |
3 Bed | $597,000 | -0.3% |
4 Bed | $748,000 | 0.3% |
| 5 Bed | $865,000 | 0.2% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Monument, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Monument, CO is 78. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $812,000 | 7.0% |
Listing Count | 284 | 33.0% |
| Listings as % of Homes | 0.9% | 33.0% |
Days on Market | 78 | 29.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Monument, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $751,000 |
| Median Household Income | $155,000 |