81089, Walsenburg, CO

The home equity and home prices in the 81089 zip code of Walsenburg, CO are reflective of the overall market conditions in the area. Over the past year, there has been a slight uptick in home values, but they are still below their pre-recession levels. In general, homes in this area tend to be priced lower than other areas of Colorado Springs, and they are also more affordable than homes in some of the more affluent neighborhoods.

One reason that home values have not increased as much as they might have is that there is still a lot of inventory available. In addition, many people who would like to buy a home in this area are waiting for prices to go up before making an offer. Overall, though, it appears that buyers are slowly starting to return to the market and prices will continue to rise over time as more homes come on the market.