Cimarron Hills, Colorado Springs, CO—80951
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cimarron Hills, Colorado Springs, CO
As of Oct '25, the median home price in Cimarron Hills, Colorado Springs, CO is $424,000, with a year-over-year change of -2.4%. This indicates that home prices in Cimarron Hills, 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 | $424,000 | -2.4% |
| Single Family | $425,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $314,000 | -4.6% |
3 Bed | $406,000 | -2.2% |
4 Bed | $449,000 | -2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cimarron Hills, Colorado Springs, CO
As of July '25, Rentcast reports the average rent in Cimarron Hills, Colorado Springs, CO is $2,200, with a year-over-year rent change of -3.5%. Per bedroom, the median rent as of July '25 in Cimarron Hills, Colorado Springs, CO is 2-bedrooms: $1,820, 3-bedrooms: $2,200, 4-bedrooms: $2,410. The most common rental property sizes in Cimarron Hills, Colorado Springs, CO are 3-bedroom and 4-bedroom, accounting for 61.6% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,750 | $1,820 |
| 3 Bed Rent | $2,200 | $2,200 |
| 4 Bed Rent | $2,400 | $2,410 |
% of Rental Stock
Property Listings — Cimarron Hills, Colorado Springs, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Cimarron Hills, Colorado Springs, CO is 75. This is a increase of 80.0% 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 61.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $393,000 | -7.0% |
Listing Count | 23 | 5.0% |
| Listings as % of Homes | 0.7% | 5.0% |
Days on Market | 75 | 80.0% |
Demographics — Cimarron Hills, Colorado Springs, CO
As of the latest ACS Survey released in 2023, Cimarron Hills, Colorado Springs, CO has a population of 4,670, which has increased by 5.3% over the past 5 years. Cimarron Hills, Colorado Springs, CO is a popular place for families, as children make up 33.3% of the population. The area has a moderately educated workforce, with 36.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,670 | 5.3% |
% Under 18 | 33.3% | 12.1% |
% Seniors | 4.9% | 69.0% |
% WFH | 11.6% | 93.3% |
% w/ College Degree | 36.3% | -21.1% |
As of the latest ACS Survey released in 2023, Cimarron Hills, Colorado Springs, CO is a predominantly white area, with 51.2% of the population identifying as white. The white population has shrunk by 21.4% in the last 5 years. The second most common race or ethnicity in Cimarron Hills, Colorado Springs, CO is hispanic, making up 17.5% of the population. Foreign-born residents account for 9.7% of the population in Cimarron Hills, Colorado Springs, CO, and this percentage has increased by 61.7% 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 | 51.2% | -21.4% |
% Black | 13.1% | -27.6% |
% Hispanic | 17.5% | 25.9% |
% Asian | 2.1% | 425.0% |
% Foreign Born | 9.7% | 61.7% |
Mortgage and Risk — Cimarron Hills, Colorado Springs, CO
According to HUD data as of 2023, there were 168 mortgage originations in Cimarron Hills, Colorado Springs, CO, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Cimarron Hills, Colorado Springs, CO. Investor activity is low, as 0.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 168 |
% Conventional Loans | 54.0% |
% Government Loans | 46.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Cimarron Hills, Colorado Springs, CO
Cimarron Hills, Colorado Springs, CO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 13 |
Total Units Section 8 | 13 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,030 |
| 2 Bedroom | $700 | $1,750 | $2,450 |
| 3 Bedroom | $1,230 | $2,200 | $3,430 |
| 4 Bedroom | $1,520 | $2,400 | $3,920 |
Affordability — Cimarron Hills, Colorado Springs, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $424,000 |
| Median Household Income | $88,900 |