Cripple Creek, CO—80813
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cripple Creek, CO
As of Oct '25, the median home price in Cripple Creek, CO is $331,000, with a year-over-year change of -1.6%. This indicates that home prices in Cripple Creek, CO are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $331,000 | -1.6% |
| Single Family | $343,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $202,000 | -2.9% |
2 Bed | $290,000 | -1.7% |
3 Bed | $390,000 | -2.7% |
4 Bed | $485,000 | -2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cripple Creek, CO
As of July '25, Rentcast reports the average rent in Cripple Creek, CO is $1,500, with a year-over-year rent change of 4.2%. Per bedroom, the median rent as of July '25 in Cripple Creek, CO is 1-bedrooms: $1,010, 2-bedrooms: $1,390, 3-bedrooms: $2,120, 4-bedrooms: $2,200. The most common rental property sizes in Cripple Creek, CO are 3-bedroom and 1-bedroom, accounting for 25.8% and 23.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $1,010 |
| 2 Bed Rent | $1,200 | $1,390 |
| 3 Bed Rent | $1,750 | $2,120 |
| 4 Bed Rent | $2,200 | $2,200 |
% of Rental Stock
Property Listings — Cripple Creek, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Cripple Creek, CO is 95. This is a decrease of -7.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $379,000 | -12.0% |
Listing Count | 73 | 31.0% |
| Listings as % of Homes | 1.5% | 31.0% |
Days on Market | 95 | -7.0% |
Demographics — Cripple Creek, CO
As of the latest ACS Survey released in 2023, Cripple Creek, CO has a population of 1,690, which has increased by 6.4% over the past 5 years. Cripple Creek, CO is a moderately popular place for families, as children make up 20.2% of the population. The area has a moderately educated workforce, with 31.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,690 | 6.4% |
% Under 18 | 20.2% | 53.0% |
% Seniors | 29.7% | 16.0% |
% WFH | 12.0% | 1,100.0% |
% w/ College Degree | 31.3% | 128.5% |
As of the latest ACS Survey released in 2023, Cripple Creek, CO is a predominantly white area, with 78.1% of the population identifying as white. The white population has grown by 5.1% in the last 5 years. The second most common race or ethnicity in Cripple Creek, CO is hispanic, making up 18.6% of the population. Foreign-born residents account for 0.2% of the population in Cripple Creek, CO, and this percentage has decreased by 95.1% 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 | 78.1% | 5.1% |
% Black | 1.7% | ∞% |
% Hispanic | 18.6% | -18.1% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | -95.1% |
Mortgage and Risk — Cripple Creek, CO
According to HUD data as of 2023, there were 128 mortgage originations in Cripple Creek, CO, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Cripple Creek, CO. Investor activity is low, as 6.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 128 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 6.0% |
% Second Loans | 12.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Cripple Creek, CO
As of 2024, the percent of homes in Cripple Creek, CO under the Section 8 program is 0.9%. 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 Cripple Creek, 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 | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $950 | $1,220 |
| 2 Bedroom | $170 | $1,200 | $1,370 |
| 3 Bedroom | $180 | $1,750 | $1,930 |
| 4 Bedroom | $120 | $2,200 | $2,320 |
Affordability — Cripple Creek, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $331,000 |
| Median Household Income | $47,800 |