Colorado Springs, CO · El Paso County, CO · 3,850 properties with county records
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Calhan 80808 is in El Paso County, CO, part of the Colorado Springs Metro. The ZIP-wide typical value in Calhan 80808 is $478,072 (Zillow Home Value Index, September 2026), up 2.0% from a year earlier. Homes that sold went under contract in a median 81 days, and 19% of listings took a price cut (Redfin Data Center, period ending Sep 30, 2026). On Lotvox's market-leverage reading of that data, with 7.2 months of supply, neither buyers nor sellers hold a clear edge. The Lotvox Turnover Index is not published for 80808 yet: it appears only where a held-out test on the county's recorded sales beats chance. Across El Paso County's 33 ZIPs with a Zillow value, the middle one is $441,122, so 80808 sits 8% above the county middle. Typical rent is $1,933 a month (Zillow Observed Rent Index, September 2026). Lotvox holds county assessor records for 3,850 properties in 80808.
Headline value data through September 2026. Each source below carries its own date.
Is 80808 a buyer's or seller's market?
By Lotvox's leverage reading of Redfin data through Sep 30, 2026, 80808 is a balanced market. Homes went under contract in a median 81 days with 7.2 months of supply.
What do homes in 80808 sell for?
The ZIP-wide typical value in 80808 is $478,072 (Zillow Home Value Index, September 2026), up 2.0% in a year. County records put the median at about $166 per square foot (computed Jul 26, 2026).
Who is likely to sell in 80808?
Lotvox only publishes its Turnover Index where a held-out test on recorded sales beats chance, and 80808 has not passed that test yet. When it does, the score appears here.
How does 80808 compare to El Paso County?
80808's ZIP-wide typical value of $478,072 compares with a middle value of $441,122 across El Paso County's 33 ZIPs. Both are Zillow Home Value Index figures for September 2026.
Where does this 80808 data come from?
Values and rents come from Zillow's research data, sales pace from the Redfin Data Center, and property counts and turnover from county assessor and deed records. Each number on this page carries its own date, and the method is published at lotvox.com/methodology.
Cite as: Lotvox ZIP market record, 80808 Calhan, CO, data through September 2026, https://lotvox.com/colorado-springs/zip/80808
Listings Flow Ladder — 80808
Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Sep 30, 2026
the basin is fillingnet 3 listings/mo
Faucet — new listings
11/mo
121% of normal (9) · gushing· baseline thin
Basin — active listings
60
171% of normal (35) · high· baseline thin
Months of supply
7.2 mo
derived — not published at this grain
Drain — closed sales
8/mo
357% of normal (2)· baseline thin
Net — faucet minus drain
+3/mo
filling
Reading
current
as of 2026-09-30
Compare against:2015-01-01 to 2019-12-31 · 5 same-month points
How plugged is the drain? Two definitions, both ours, deliberately not reconciled.
17%Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
0%Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month
Closed sales over 24 months — two different numbers, deliberately not merged.
1/mofall in the monthly rate (14%)— peak 10/mo (2025-04-30) to 8/mo now
2transactions that did not happen— summed monthly shortfall vs the same-month normal, over 2 months below it (vs 2015-19 (COVID excluded))
rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-09-30
Redfin market data (county + ZIP), via Lotvox. As of 2026-09-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month. A fresher supply-only read (6 new, 72 active, 2026-09-01, Realtor.com inventory (county + ZIP), via Lotvox) is available but is NOT used in the net — that source publishes no closed sales, so subtracting across it would mix two vintages.
Should you buy here?
buyer-timing lens
33affordability /100
Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.
Payment burden
43.3%
severe
Days on market
81
daily
Price cuts
19.0%
of active
Valuation
-13.3%
vs assessor
Days on market and price cuts: Redfin Data Center, rolling 90 days.
Not available for this ZIP — no rent or ownership-cost estimate published here.
Rent to price
Not available for this ZIP — no price-to-rent ratio published here.
54
/100
mixed
stable · balanced · prices rising year-over-year.
Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.
Buyer / seller
buyer-timing lens
Strong Buyer's Market
Needs 30.7% correction for affordability
Score Components
Payment Burden (25%)90
Valuation Gap (25%)100
Supply & Demand (20%)40
Buy vs Rent (15%)100
Days on Market (5%)60
Strong buyer leverage in 80808. If you must buy now, offer 10-15% below list price. Payment burden: 40.5% of median income. A 14% price correction needed to reach 30% affordability threshold. Median days on market: 49. Renting is approximately 228% cheaper than buying (price-to-rent ratio: 39.3). Market appears 34% overpriced vs. assessed values.
What to Offer
Offer 10-15% below list price. Sellers are under pressure.
Conditions most similar to late 2007 — overvaluation without corresponding income growth. Significant correction potential.
STABLEBALANCED
Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers.
Address lookup
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Median price: Zillow Home Value Index (ZHVI). Median rent: Zillow Observed Rent Index (ZORI). Days on market and active listings: Redfin Data Center, rolling 90 days.
Valuation
3 lenses, different anchors
vs assessor
-13.3%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$414,433
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+60.7%
County-wide market — the widest, slowest signal.
El Paso+60.7%
Elbert+68.2%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
estimated monthly P&I at the CURRENT rate (7.32% as of 2026-10-22), held constant — 20% down, 30yr fixed
as of 2026-09-30 · Zillow ZHVI + FRED MORTGAGE30US (fred, as of 2026-10-22) + Census median household income
Real Home Values
$478,072in 2026-09 dollars (nominal $478,072)
real (2026-09 = 100 deflator)nominal
price basis: Zillow ZHVI
as of 2026-09-30 · Zillow ZHVI + CPI (national deflator)
Listings Flow Ladder
New listings
11.333
Active listings
60
Closed sales
8.333
Net flow
+3 · filling
months of supply 7.2 (balanced band 4–6)
new listingsclosed sales
as of 2026-09-30 · Redfin market data (county + ZIP), via Lotvox
Migration vs Inventory
county migration (parent)
-88net migration (2022-2023), losing — households
in 5,577 · out 5,665 · El Paso County, CO (parent county of this ZIP)
active inventory
as of 2026-07-01 · IRS SOI county-to-county migration flows 2022-2023 + Redfin inventory history
Price bands
mix-shift
Price Bands — the median behind the median
A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from the most recent recorded sale per property in El Paso.
Current tiers · 12 months to Apr 26floor 10 sales/tier
4 tiers had too few sales in this ZIP and are shown at county or metro level — see the stamp on each row.
Tier
Median
$/sqft
Sales
Share
Source
Under $250k
$122k
$122
52
34.9%
ZIP
$250k–$500k
$402k
$256
47
31.5%
ZIP
$500k–$750k
$565k
$257
39
26.2%
ZIP
$750k–$1M
$835k
$232
1,258
—
COUNTY · El Paso, CO
$1M–$1.5M
$1.17M
$273
585
—
COUNTY · El Paso, CO
$1.5M–$2M
$1.68M
$342
151
—
COUNTY · El Paso, CO
$2M+
$3.20M
$391
244
—
COUNTY · El Paso, CO
All sales (the headline median)
$400k
$238
149
100%
ZIP
No mix-shift history for this area. no geography from this ZIP up to metro has 8+ quarters of 10+ recorded arms-length sales across at least 4 price tiers. Trends are drawn only from recorded transactions; the last-sale snapshot above cannot carry a time series, because a property that sold twice keeps only its latest sale — which drags the history upward through the tiers and would invent the very mix shift this section exists to test for.
National context — not local
NAR's aggregate existing-home median for the United States and the West census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 80808.
United States
West
Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.
Tiers computed from Lotvox parcel and deed substrate through Apr 26 (5 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.
This ZIP code crosses county lines. Property data shows El Paso (96.6%) and Elbert (3.4%). County metrics below are shown separately for each county.
El Paso (96.6%)
Elbert (3.4%)
ZIP 80808→2 counties
12-Month Direction
-11Moderate Deterioration
Confidence
77%
DeterioratingStableImproving
BuildersLens Market Intelligence
Market Score
38· Weak
Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.
Payment Burden
43.3%
severe
Source: Freddie Mac PMMS (FRED MORTGAGE30US) 7.32% · Zillow ZHVI · Census income · Updated 2026-10-22
Price-to-rent
20.6x
favors renting
Source: Zillow ZHVI ÷ (Zillow ZORI × 12)
Valuation21
+60.7%
overvalued
Source: Lotvox comps · Updated 2026-05-15
Supply/Demand
7.2 mo
buyer's market
Source: Redfin Data Center (ZIP): inventory ÷ monthly homes sold · Updated 2026-09-30
Insurance Risk
31/100
moderate
Source: FEMA/NFIP · Updated 2026-04
County distress indicators
ECONOMIC INDICATORS
Economic indicators are mixed relative to comparable U.S. counties.
Unemployment Rate
4.7%
CO 3.8%US 4.4%
Near national averages
Source: BLS LAUS · 2026-0859d ago
Poverty Rate
7.3%
CO 9.4%US 12.6%
Lower than most U.S. counties
Median Household Income
$87,470
CO $94,510US $82,006
Higher than most U.S. counties
Cost of Living (RPP)
112.5
CO 111.8US 100.3
Higher than many comparable counties
Home Value (ZHVI)$455,934
County data: Zillow Home Value Index (ZHVI), BLS, Census ACS, CDC, FBI UCR, Federal Reserve, USDA · Coverage derived from property records · Counties with <2% coverage excluded as likely data errors
Tenure by age of householder (ACS B25007) is not published below county. Any ZIP figure here is DERIVED from the county's age-specific owner rates applied to this ZIP's own age structure — never read directly.
Derived — this ZIP
No ZIP figure — this ZIP spans 2 counties
NOT DERIVED: this ZIP spans more than one county. Tenure by age is not published below county, and no single county rate applies here. Weighting by area would produce a number, not a measurement - area is a poor proxy for where households are. Each county's own figure is shown instead.
