Fillmore, Colorado Springs, CO—80907
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fillmore, Colorado Springs, CO
As of Oct '25, the median home price in Fillmore, Colorado Springs, CO is $395,000, with a year-over-year change of -3.1%. This indicates that home prices in Fillmore, Colorado Springs, CO are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $395,000 | -3.1% |
| Single Family | $396,000 | -2.7% |
| Condos | $286,000 | -4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $294,000 | -4.5% |
2 Bed | $338,000 | -2.6% |
3 Bed | $393,000 | -3.0% |
4 Bed | $455,000 | -2.2% |
| 5 Bed | $512,000 | -1.9% |
% of Housing Stock
Rental Trends — Fillmore, Colorado Springs, CO
As of July '25, Rentcast reports the average rent in Fillmore, Colorado Springs, CO is $1,430, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in Fillmore, Colorado Springs, CO is studios: $961, 1-bedrooms: $1,190, 2-bedrooms: $1,390, 3-bedrooms: $2,000, 4-bedrooms: $2,580. The most common rental property sizes in Fillmore, Colorado Springs, CO are 2-bedroom and 1-bedroom, accounting for 43.4% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,270 | $1,430 |
| Studio Rent | $849 | $961 |
| 1 Bed Rent | $1,160 | $1,190 |
| 2 Bed Rent | $1,240 | $1,390 |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | $2,650 | $2,580 |
% of Rental Stock
Property Listings — Fillmore, Colorado Springs, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Fillmore, Colorado Springs, CO is 68. This is a increase of 31.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $444,000 | 2.0% |
Listing Count | 119 | 28.0% |
| Listings as % of Homes | 0.4% | 28.0% |
Days on Market | 68 | 31.0% |
Demographics — Fillmore, Colorado Springs, CO
As of the latest ACS Survey released in 2023, Fillmore, Colorado Springs, CO has a population of 27,100, which has decreased by -6.1% over the past 5 years. Fillmore, Colorado Springs, CO is a moderately popular place for families, as children make up 15.3% of the population. The area has a moderately educated workforce, with 40.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,100 | -6.1% |
% Under 18 | 15.3% | -10.0% |
% Seniors | 19.2% | 14.3% |
% WFH | 16.3% | 201.9% |
% w/ College Degree | 40.1% | 13.6% |
As of the latest ACS Survey released in 2023, Fillmore, Colorado Springs, CO is a predominantly white area, with 77.3% of the population identifying as white. The white population has grown by 6.6% in the last 5 years. The second most common race or ethnicity in Fillmore, Colorado Springs, CO is hispanic, making up 12.3% of the population. Foreign-born residents account for 4.6% of the population in Fillmore, Colorado Springs, CO, and this percentage has decreased by 22.0% 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 | 77.3% | 6.6% |
% Black | 3.4% | -2.9% |
% Hispanic | 12.3% | -34.6% |
% Asian | 1.6% | -20.0% |
% Foreign Born | 4.6% | -22.0% |
Mortgage and Risk — Fillmore, Colorado Springs, CO
According to HUD data as of 2023, there were 492 mortgage originations in Fillmore, Colorado Springs, CO, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Fillmore, Colorado Springs, CO. Investor activity is low, as 3.0% 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 | 492 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Fillmore, Colorado Springs, CO
As of 2024, the percent of homes in Fillmore, Colorado Springs, CO under the Section 8 program is 2.0%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Fillmore, Colorado Springs, CO, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 147 |
Total Units Section 8 | 98 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $1,160 | $1,170 |
| 2 Bedroom | $170 | $1,240 | $1,410 |
| 3 Bedroom | -$20 | $2,000 | $1,980 |
| 4 Bedroom | -$390 | $2,650 | $2,260 |
Affordability — Fillmore, Colorado Springs, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $395,000 |
| Median Household Income | $71,400 |