Rustic Hills, Colorado Springs, CO—80915
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rustic Hills, Colorado Springs, CO
As of Oct '25, the median home price in Rustic Hills, Colorado Springs, CO is $376,000, with a year-over-year change of -2.9%. This indicates that home prices in Rustic Hills, Colorado Springs, CO are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $376,000 | -2.9% |
| Single Family | $378,000 | -2.8% |
| Condos | $175,000 | -5.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $257,000 | -5.5% |
3 Bed | $367,000 | -2.7% |
4 Bed | $403,000 | -2.9% |
| 5 Bed | $475,000 | -1.9% |
% of Housing Stock
Rental Trends — Rustic Hills, Colorado Springs, CO
As of July '25, Rentcast reports the average rent in Rustic Hills, Colorado Springs, CO is $1,620, with a year-over-year rent change of -0.6%. Per bedroom, the median rent as of July '25 in Rustic Hills, Colorado Springs, CO is 1-bedrooms: $1,450, 2-bedrooms: $1,540, 3-bedrooms: $1,960, 4-bedrooms: $2,320. The most common rental property sizes in Rustic Hills, Colorado Springs, CO are 2-bedroom and 3-bedroom, accounting for 53.7% and 18.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,590 | $1,620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,480 | $1,450 |
| 2 Bed Rent | $1,500 | $1,540 |
| 3 Bed Rent | $2,050 | $1,960 |
| 4 Bed Rent | $2,300 | $2,320 |
% of Rental Stock
Property Listings — Rustic Hills, Colorado Springs, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Rustic Hills, Colorado Springs, CO is 52. This is a increase of 36.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $395,000 | 2.0% |
Listing Count | 109 | 26.0% |
| Listings as % of Homes | 0.5% | 26.0% |
Days on Market | 52 | 36.0% |
Demographics — Rustic Hills, Colorado Springs, CO
As of the latest ACS Survey released in 2023, Rustic Hills, Colorado Springs, CO has a population of 23,600, which has increased by 10.5% over the past 5 years. Rustic Hills, Colorado Springs, CO is a moderately popular place for families, as children make up 24.4% of the population. The area has a moderately educated workforce, with 25.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,600 | 10.5% |
% Under 18 | 24.4% | 0.8% |
% Seniors | 10.9% | -9.2% |
% WFH | 10.2% | 191.4% |
% w/ College Degree | 25.4% | 5.4% |
As of the latest ACS Survey released in 2023, Rustic Hills, Colorado Springs, CO is a predominantly white area, with 59.5% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Rustic Hills, Colorado Springs, CO is hispanic, making up 27.2% of the population. Foreign-born residents account for 5.7% of the population in Rustic Hills, Colorado Springs, CO, and this percentage has decreased by 21.9% 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 | 59.5% | -4.8% |
% Black | 4.6% | -46.5% |
% Hispanic | 27.2% | 20.4% |
% Asian | 2.1% | -40.0% |
% Foreign Born | 5.7% | -21.9% |
Mortgage and Risk — Rustic Hills, Colorado Springs, CO
According to HUD data as of 2023, there were 480 mortgage originations in Rustic Hills, Colorado Springs, CO, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Rustic Hills, Colorado Springs, CO. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 480 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Rustic Hills, Colorado Springs, CO
As of 2024, the percent of homes in Rustic Hills, Colorado Springs, CO under the Section 8 program is 4.7%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Rustic Hills, Colorado Springs, CO, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 136 |
Total Units Section 8 | 130 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$130 | $1,480 | $1,350 |
| 2 Bedroom | $130 | $1,500 | $1,630 |
| 3 Bedroom | $230 | $2,050 | $2,280 |
| 4 Bedroom | $310 | $2,300 | $2,610 |
Affordability — Rustic Hills, Colorado Springs, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $376,000 |
| Median Household Income | $67,800 |