View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /Colorado
  4. /Elbert, CO - 80106

Elbert, CO—80106

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$738,000
1.6% YoY Growth
Household Income
$153,000
44.5% YoY Growth
Days on Market
81
107.0% Longer YoY
Home Price Forecast
-0.5%
Median Rent
$2,700
17.1% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$3,200
10.3% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Elbert, CO

As of May '26, the median home price in Elbert, CO is $738,000, with a year-over-year change of -1.6%. This indicates that home prices in Elbert, CO are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$738,000-1.6%
Single Family $739,000-1.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

Browse ZIP Codes by State

All states and cities →
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$628,000-0.2%
    3 Bed
    		$679,000-2.3%
    4 Bed
    		$780,000-1.4%
    5 Bed $859,304-1.1%
    Loading chart...

    % of Housing Stock

    Studio
    1.2%
    1 Bedroom
    3.4%
    2 Bedrooms
    8.6%
    3 Bedrooms
    44.3%
    4 Bedrooms
    25.9%
    5+ Bedrooms
    16.6%

    Rental Trends — Elbert, CO

    As of July '25, Rentcast reports the average rent in Elbert, CO is $2,950, with a year-over-year rent change of 17.1%. Per bedroom, the median rent as of July '25 in Elbert, CO is 3-bedrooms: $3,200, 4-bedrooms: $2,700. The most common rental property sizes in Elbert, CO are 2-bedroom and 3-bedroom, accounting for 42.6% and 30.7% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,700$2,950
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $3,200$3,200
    4 Bed Rent $2,700$2,700
    Loading chart...

    % of Rental Stock

    Studio
    20.8%
    2 Bedrooms
    42.6%
    3 Bedrooms
    30.7%
    4 Bedrooms
    5.9%

    Property Listings — Elbert, CO

    As of May '26, Realtor.com reports that the median days on market for a home in Elbert, CO is 81. This is a increase of 107.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$1,060,00038.0%
    Listing Count
    		3726.0%
    Listings as % of Homes1.2%26.0%
    Days on Market
    		81107.0%
    Loading chart...

    Demographics — Elbert, CO

    As of the latest ACS Survey released in 2023, Elbert, CO has a population of 4,450, which has decreased by -14.3% over the past 5 years. Elbert, CO is a moderately popular place for families, as children make up 16.0% of the population. The area has a moderately educated workforce, with 42.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 30.5% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,450-14.3%
    % Under 18
    		16.0%-25.2%
    % Seniors
    		20.9%24.4%
    % WFH
    		30.5%117.9%
    % w/ College Degree
    		42.0%-11.6%
    Loading chart...

    As of the latest ACS Survey released in 2023, Elbert, CO is a predominantly white area, with 88.8% of the population identifying as white. The white population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Elbert, CO is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.2% of the population in Elbert, CO, and this percentage has decreased by 55.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		88.8%3.9%
    % Black
    		1.4%-26.3%
    % Hispanic
    		2.3%-71.3%
    % Asian
    		1.5%36.4%
    % Foreign Born
    		1.2%-55.6%
    Loading chart...

    Mortgage and Risk — Elbert, CO

    According to HUD data as of 2023, there were 49 mortgage originations in Elbert, CO, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Elbert, CO. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		49
    % Conventional Loans
    		82.0%
    % Government Loans
    		18.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		4.0%
    % Cash Out Refinance
    		6.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Elbert, CO

    Elbert, CO lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,070
    2 BedroomN/AN/A$1,280
    3 Bedroom-$1,440$3,200$1,760
    4 Bedroom-$700$2,700$2,000

    Affordability — Elbert, CO

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.8
    Median Home Price$738,000
    Median Household Income$153,000

    Elbert, CO — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Peyton, CO

    80831

    Black Forest, Colorado Springs, CO

    80908

    Franktown, CO

    80116

    Kiowa, CO

    80117

    Elizabeth, CO

    80107

    Frequently Asked Questions