The story of this market
The typical home in ZIP 80101 sells for about $575,000, or $292 per square foot.
Prices are up +4.3% from a year ago, so sellers still have some momentum. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,258 a month.
ZIP 80101 — Agate
The 80101 housing market is a low-volume, rural market characterized by large-acreage properties and limited inventory. Recent data shows a median sale price of $575,000 with a sale-to-list ratio of 93.2%, reflecting a stable but slow-moving environment. Market activity is driven by land sales and custom rural homes rather than high-density residential development.
This ZIP is best suited for buyers seeking rural privacy, large acreage, and a quiet, established community, rather than commuters or those requiring proximity to urban amenities.
Median prices moved up 4.3% year over year.
Homes spend a median of 64 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 93.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 80101, Elbert County CO
The area is served by the Agate 300 School District, which maintains a small, rural elementary school.
The region is characterized by rural plains with exposure to wildfire and wind risks typical of Eastern Colorado.
Economic momentum is limited; the area is primarily rural with no major corporate headquarters or large-scale infrastructure projects reported.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Colorado) — Statutory Agricultural Land Reclassification and Improvement Valuation: Under C.R.S. § 39-1-102(1.6)(a)(I), up to two acres of land directly underlying a residential improvement on agricultural parcels are segregated and assessed at residential rates (6.80% / 7. State (Colorado) — Colorado Split Residential Property Tax Assessment Rate Structure: Imposes annual ad valorem property taxes determined using a bifurcated assessment rate system. Assessed Value = Actual (Market) Value × Assessment Rate. Beginning for tax years 2025/2026, residential property is assessed at 6. State (Colorado) — Senior and Disabled Veteran Property Tax Homestead Exemption: Exempts 50% of the first $200,000 of actual market value of the qualifying primary residential parcel from property taxation (a maximum actual value deduction of $100,000).
Commuting is highly car-dependent, with 85% of residents driving alone and 34% facing commutes exceeding 45 minutes to reach employment centers.
Recreation is centered on rural outdoor activities, open space, and private land use; there are no major shopping or entertainment districts within 3 miles.
The rental market is thin with limited inventory, primarily consisting of single-family homes; short-term rental presence is minimal.
The local economy is primarily agricultural and rural-residential, with most residents commuting to larger employment hubs outside the ZIP.
Public transit is non-existent; the area relies entirely on private vehicle travel via state highways and county roads.
There are no major approved or under-construction commercial or residential developments reported for this ZIP.
Elbert County Assessor manages property valuations based on market-based assessment cycles.
Parcels are served by the Agate 300 School District; no significant MUD or PID districts are attached.
Property insurance premiums are influenced by rural wildfire risk and regional weather patterns typical of the Colorado plains.
Data retrieved from U.S. Census Bureau ACS 5-Year Estimates via TheZipCodeApp.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
The primary public educational facility serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.