Cascade 80809

Colorado Springs, CO · El Paso County, CO · 1,079 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

36affordability /100

Buyer leverage is buyer advantage; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
38.8%
severe
Days on market
69
daily
Price cuts
27.7%
of active
Valuation
-4.6%
vs assessor
Look up an address
43
/100
mixed
stable · buyer advantage · prices easing 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 / sellerbuyer-timing lens

60/ 100SellerBalancedBuyer
Negotiate Hard
Needs 22.7% correction for affordability
Score Components
Payment Burden (25%)75
Valuation Gap (25%)60
Supply & Demand (20%)40
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)75

Moderate buyer leverage in 80809. Room to negotiate 5-10% below list. Payment burden: 38.8% of median income. A 10% price correction needed to reach 30% affordability threshold. Median days on market: 69. Renting is approximately 148% cheaper than buying (price-to-rent ratio: 29.8).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
STABLEBUYER ADVANTAGE

Market is holding steady with balanced conditions. Buyers have strong negotiating leverage. Prices down 1.2% YoY.

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Market snapshoteach number, once

Median price
$519,556
▾ 1.2% YoY
Days on market
69
daily · zip_data
Median rent
$1,452
ZORI
Investor score
31/100
cash-flow lens
Active listings
15
90-day

Valuation3 lenses, different anchors

vs assessor
-4.6%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$495,671
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+61.5%
County-wide market — the widest, slowest signal.
El Paso+61.5%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$203
Price-to-income6.4×

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How 80809 ranks in CO
percentile vs all CO ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

38SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply4.7 mo
Days on Market69d
Inv vs History+14.5%
Listing Density34.6/1k
Market dynamics
Price cut %27.7%
Momentumstable
LeverageBUYER ADVANTAGE
Months of supply4.7
Sales (90d)0
Investment analysis
Median rent$1,452
Price-to-rent29.8
Est. cap rate2.2%
Buy vs rentfavors renting

Livability

Walk score
Transit score
Bike score

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El Paso County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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