Real Estate Market Update for Elbert County, CO
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 18% from one year earlier, and down 15% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 540-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 47%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 450-thousand dollars. The number of units sold decreased 17% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Elbert County, CO

Area Information for Elbert County, CO
  • Population: 27,590
  • Median Age: 48.42 yr
  • Median Commute Time: 38 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 14/sq mi
  • Population Change Since 2000: 38.84%
  • Closest Airport: Denver International
  • Closest College: The University Of Phoenix
  • Closest Jr. College: Community College Of Aurora
  • Median Household Income: $102,058
  • Annual Residential Turnover: 12%
  • Median Home Sales Price: $610,000
  • Closest Major Sports Team: Colorado Springs Sky Sox (aaa)
  • Change Avg. Household Income Since 2000: 72.16%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Elbert County, CO
Median Age: 48.42 Married: 54% Number of Households: 10,014 Households with Children: 2,619
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Elbert County, CO

      School Name Distance Type Grades School Rating
      Simla High School 11.8 mi Public 9-12 3
      Simla Junior High School 12.0 mi Public 6-8 4
      Kiowa Middle School 13.0 mi Public 6-8 2
      Kiowa High School 13.0 mi Public 9-12 1
      Kiowa Elementary School 13.0 mi Public PRESCHOOL-5 0
      Simla Elementary School 14.5 mi Public PRESCHOOL-5 4
      Running Creek Elementary School 19.7 mi Public K-5 1
      Elizabeth Running Creek Preschool 19.7 mi Public PRESCHOOL-PRESCHOOL 0
      Elizabeth Middle School 20.5 mi Public 6-8 3
      Elizabeth High School 20.5 mi Public 9-12 3
      Legacy Academy 21.3 mi Public K-8 3
      Agate Junior Senior High School 22.3 mi Public 6-12 0
      Agate Elementary School 22.3 mi Public K-5 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Elbert County, CO
        Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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