How much is a home worth in ZIP code 80863?

The typical home in 80863 is worth $535,323, based on the Zillow Home Value Index.

Are home values rising in 80863?

Home values in 80863 are down 2.1% over the past year, and up 3.6% a year over five years.

What is the typical rent in 80863?

A typical home in 80863 rents for about $2,091 a month, a gross rental yield of 4.7%.

What is the property tax rate in 80863?

The effective property tax rate in 80863 is 0.4% — roughly $1,887 a year on a typical home.

ZIP code 80863 has a population of 12,329 and a median household income of $104,779.

HousingHandbookReference data

…

U.S. ZIP Code · CO80863

Teller County · Colorado Springs, CO

Typical home value

$535,323^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.1%
5-year / yr: +3.6%
10-year / yr: +7.2%

Relative price

vs U.S.: +88.4%
vs metro: +18.8%
vs state: +6.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 80863 is worth $535,323 — 18.8% above the Colorado Springs, CO median. Over the past year, values have fallen 2.1%. Homes here rent for a typical $2,091 a month — a 4.7% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,091^[2]
Gross yield: 4.7%^[2]
Cap rate: 2.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.4%^[3]
Typical annual tax: $1,887^[3]

#Climate risk

FEMA National Risk Index ratings for Teller County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very Low^[4]
Riverine flood: Very Low
Coastal flood: Not Applicable
Wildfire: Relatively Moderate
Drought: No Rating
Heat wave: Very Low
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Very Low
Winter weather: Relatively Moderate

#Who lives here

Population: 12,329^[3]
Median household income: $104,779^[3]

#Migration

Household moves in and out of Teller County over a year, from IRS tax-return data.

Net migration: -10^[5]
Moved in: 1,189
Moved out: 1,199

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 2
Middle: 1
High: 1

Woodland Park High School
High · Grades 9–12 · Woodland Park School District No. Re-2
532 students
Merit Academy
Other · Grades K–10 · Woodland Park School District No. Re-2
363 students
Columbine Elementary School
Elementary · Grades PK–6 · Woodland Park School District No. Re-2
273 students
Woodland Park Middle School
Middle · Grades 7–8 · Woodland Park School District No. Re-2
254 students
Gateway Elementary School
Elementary · Grades PK–6 · Woodland Park School District No. Re-2
207 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.7%

Net yield (after ~40% expenses)2.8%

Annual rent$25,098

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,707

Loan principal$428,258

Down payment$107,065

Total interest paid$546,220

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.58

Monthly cost to own$3,309

Monthly rent$2,091

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 92nd percentile^[1]
Rental yield: 50th percentile^[2]
Property tax: 22nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 80863?: The typical home in 80863 is worth $535,323, based on the Zillow Home Value Index.
Are home values rising in 80863?: Home values in 80863 are down 2.1% over the past year, and up 3.6% a year over five years.
What is the typical rent in 80863?: A typical home in 80863 rents for about $2,091 a month, a gross rental yield of 4.7%.
What is the property tax rate in 80863?: The effective property tax rate in 80863 is 0.4% — roughly $1,887 a year on a typical home.
Who lives in 80863?: ZIP code 80863 has a population of 12,329 and a median household income of $104,779.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

80906 vs 80863 →
Colorado Springs, CO
Typical home
$529,962
Gross yield
3.7%
80920 vs 80863 →
Colorado Springs, CO
Typical home
$526,733
Gross yield
4.5%
80831
Colorado Springs, CO
Typical home
$544,199
Gross yield
5.8%
80133
Palmer Lake, CO
Typical home
$523,505
Gross yield
—
80829
Manitou Springs, CO
Typical home
$550,736
Gross yield
3.0%
80809
Cascade-Chipita Park CDP, CO
Typical home
$508,906
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 80863 against any other ZIP — full side-by-side table.

Compare 80863 →

#Jump to section

U.S. ZIP Code · CO80863

Get more data on ZIPs like this

Get more data on ZIPs like this