Wolf Ranch, Colorado Springs, CO—80924
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Wolf Ranch, Colorado Springs, CO
As of Oct '25, the median home price in Wolf Ranch, Colorado Springs, CO is $662,000, with a year-over-year change of -0.6%. This indicates that home prices in Wolf Ranch, Colorado Springs, CO are flat. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $662,000 | -0.6% |
| Single Family | $662,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $421,000 | -1.9% |
3 Bed | $497,000 | -1.6% |
4 Bed | $668,000 | -0.4% |
| 5 Bed | $717,000 | -0.8% |
% of Housing Stock
Rental Trends — Wolf Ranch, Colorado Springs, CO
As of July '25, Rentcast reports the average rent in Wolf Ranch, Colorado Springs, CO is $2,350, with a year-over-year rent change of 0.4%. Per bedroom, the median rent as of July '25 in Wolf Ranch, Colorado Springs, CO is 1-bedrooms: $1,570, 2-bedrooms: $1,940, 3-bedrooms: $2,590, 4-bedrooms: $3,260. The most common rental property sizes in Wolf Ranch, Colorado Springs, CO are 2-bedroom and 1-bedroom, accounting for 38.5% and 33.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,190 | $2,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,580 | $1,570 |
| 2 Bed Rent | $1,920 | $1,940 |
| 3 Bed Rent | $2,550 | $2,590 |
| 4 Bed Rent | $3,250 | $3,260 |
% of Rental Stock
Property Listings — Wolf Ranch, Colorado Springs, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Wolf Ranch, Colorado Springs, CO is 73. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 51.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $696,000 | 1.0% |
Listing Count | 196 | 13.0% |
| Listings as % of Homes | 1.4% | 13.0% |
Days on Market | 73 | -2.0% |
Demographics — Wolf Ranch, Colorado Springs, CO
As of the latest ACS Survey released in 2023, Wolf Ranch, Colorado Springs, CO has a population of 17,000, which has increased by 97.0% over the past 5 years. Wolf Ranch, Colorado Springs, CO is a popular place for families, as children make up 31.0% of the population. The area has a highly educated workforce, with 68.1% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,000 | 97.0% |
% Under 18 | 31.0% | -16.0% |
% Seniors | 8.8% | 79.6% |
% WFH | 27.3% | 274.0% |
% w/ College Degree | 68.1% | 9.8% |
As of the latest ACS Survey released in 2023, Wolf Ranch, Colorado Springs, CO is a predominantly white area, with 73.6% of the population identifying as white. The white population has grown by 7.1% in the last 5 years. The second most common race or ethnicity in Wolf Ranch, Colorado Springs, CO is hispanic, making up 9.2% of the population. Foreign-born residents account for 8.4% of the population in Wolf Ranch, Colorado Springs, CO, and this percentage has increased by 18.3% 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 | 73.6% | 7.1% |
% Black | 3.7% | -14.0% |
% Hispanic | 9.2% | -45.6% |
% Asian | 4.7% | -27.7% |
% Foreign Born | 8.4% | 18.3% |
Mortgage and Risk — Wolf Ranch, Colorado Springs, CO
According to HUD data as of 2023, there were 660 mortgage originations in Wolf Ranch, Colorado Springs, CO, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Wolf Ranch, Colorado Springs, 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
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 660 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Wolf Ranch, Colorado Springs, CO
As of 2024, the percent of homes in Wolf Ranch, 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. In Wolf Ranch, 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 | 122 |
Total Units Section 8 | 122 |
% 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 | $620 | $1,580 | $2,200 |
| 2 Bedroom | $740 | $1,920 | $2,660 |
| 3 Bedroom | $1,180 | $2,550 | $3,730 |
| 4 Bedroom | $1,010 | $3,250 | $4,260 |
Affordability — Wolf Ranch, Colorado Springs, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $662,000 |
| Median Household Income | $138,000 |