The story of this market
The typical home in ZIP 80106 sells for about $700,000, or $284 per square foot.
Homes take about 104 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,400 a month.
ZIP 80106 — Elbert
The 80106 housing market is currently balanced with approximately 5.9 months of supply and a median sale price of $700,000. Market activity is driven by rural residential demand, with homes spending a median of 104 days on the market. Note that some figures, such as specific tax history and detailed permit data, are not determinable at the ZIP level.
This ZIP is best suited for buyers seeking rural acreage, privacy, and a quiet lifestyle, rather than commuters or those requiring proximity to urban amenities.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 104 days on market with 5.9 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 4.0% — a stable, low-distress profile.
ZCTA 80106, Elbert County CO
Schools serving the area include Elbert Elementary and Elbert Junior-Senior High, which generally face challenges in state accountability ratings.
The area is characterized by minimal flood risk, though wildfire risk is a standard consideration for rural Elbert County properties.
Development is characterized by low-density residential and rural land use with limited large-scale commercial infrastructure.
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).
Commutes are primarily car-dependent, involving long drives to employment hubs in the Denver metro or Colorado Springs areas.
Recreation is largely rural-focused, including open space, trails, and local community parks within the unincorporated Elbert area.
The rental market is limited with low inventory, primarily consisting of single-family homes; HUD fair market rent for a 2-bedroom is $1,400.
The local economy is primarily agricultural and rural-residential, with residents largely commuting to larger regional employment centers.
Public transit is not available; the area relies entirely on private vehicle transportation via county roads and state highways.
Development is primarily focused on individual residential lot improvements rather than large-scale master-planned projects.
Elbert County Assessor manages property valuations based on market-based mass appraisal techniques.
Parcels are subject to Elbert School District 200 levies and various local fire protection district assessments.
Property insurance premiums are influenced by rural wildfire risk profiles and distance to emergency services.
Data retrieved from census.gov ZCTA profiles.
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.
Hosts local events and community gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.