Briargate, Colorado Springs, CO—80920
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Briargate, Colorado Springs, CO
As of Oct '25, the median home price in Briargate, Colorado Springs, CO is $520,000, with a year-over-year change of -1.7%. This indicates that home prices in Briargate, Colorado Springs, CO are decreasing. 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 | $520,000 | -1.7% |
| Single Family | $522,000 | -1.5% |
| Condos | $326,000 | -2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $323,000 | -4.4% |
3 Bed | $443,000 | -2.0% |
4 Bed | $532,000 | -1.5% |
| 5 Bed | $614,000 | -1.8% |
% of Housing Stock
Rental Trends — Briargate, Colorado Springs, CO
As of July '25, Rentcast reports the average rent in Briargate, Colorado Springs, CO is $1,860, with a year-over-year rent change of -4.6%. Per bedroom, the median rent as of July '25 in Briargate, Colorado Springs, CO is studios: $1,380, 1-bedrooms: $1,500, 2-bedrooms: $1,810, 3-bedrooms: $2,280, 4-bedrooms: $2,640. The most common rental property sizes in Briargate, Colorado Springs, CO are 2-bedroom and 1-bedroom, accounting for 38.7% and 21.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,760 | $1,860 |
| Studio Rent | $1,380 | $1,380 |
| 1 Bed Rent | $1,470 | $1,500 |
| 2 Bed Rent | $1,790 | $1,810 |
| 3 Bed Rent | $2,300 | $2,280 |
| 4 Bed Rent | $2,580 | $2,640 |
% of Rental Stock
Property Listings — Briargate, Colorado Springs, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Briargate, Colorado Springs, CO is 64. This is a increase of 21.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $515,000 | -2.0% |
Listing Count | 152 | 27.0% |
| Listings as % of Homes | 0.3% | 27.0% |
Days on Market | 64 | 21.0% |
Demographics — Briargate, Colorado Springs, CO
As of the latest ACS Survey released in 2023, Briargate, Colorado Springs, CO has a population of 38,200, which has decreased by -4.0% over the past 5 years. Briargate, Colorado Springs, CO is a moderately popular place for families, as children make up 24.5% of the population. The area has a highly educated workforce, with 53.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 38,200 | -4.0% |
% Under 18 | 24.5% | -7.5% |
% Seniors | 13.3% | 37.1% |
% WFH | 19.9% | 176.4% |
% w/ College Degree | 53.0% | -2.8% |
As of the latest ACS Survey released in 2023, Briargate, Colorado Springs, CO is a predominantly white area, with 76.3% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Briargate, Colorado Springs, CO is hispanic, making up 11.1% of the population. Foreign-born residents account for 6.9% of the population in Briargate, Colorado Springs, CO, and this percentage has increased by 30.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.3% | -5.9% |
% Black | 2.9% | 16.0% |
% Hispanic | 11.1% | 22.0% |
% Asian | 4.6% | 35.3% |
% Foreign Born | 6.9% | 30.2% |
Mortgage and Risk — Briargate, Colorado Springs, CO
According to HUD data as of 2023, there were 806 mortgage originations in Briargate, Colorado Springs, CO, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Briargate, Colorado Springs, CO. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 806 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Briargate, Colorado Springs, CO
As of 2024, the percent of homes in Briargate, Colorado Springs, CO under the Section 8 program is 0.6%. 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 Briargate, Colorado Springs, 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 | 46 |
Total Units Section 8 | 39 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $390 | $1,470 | $1,860 |
| 2 Bedroom | $460 | $1,790 | $2,250 |
| 3 Bedroom | $850 | $2,300 | $3,150 |
| 4 Bedroom | $1,020 | $2,580 | $3,600 |
Affordability — Briargate, Colorado Springs, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $520,000 |
| Median Household Income | $111,000 |