Security-Widefield ranks #1 for nation’s hottest housing market ZIP code
EL PASO COUNTY, Colo. (KRDO) -- The red-hot housing market of Colorado Springs has now spread to one of its metro areas -- Security-Widefield.
According to the sixth-annual "Hottest Zip Codes" report just released by Realtor.com, the southeastern suburban community's 80911 ZIP code was the nation's top housing market in the second quarter (April through June) of 2020.
The report finds that during the period, homes in Security-Widefield remained on the market for just 13 days (second behind Springfield, Virginia); were viewed online 38% more often than a year ago; and ranked fifth with an average price of $287,000.
Since then, the average price has risen to $302,000, according to Diana Dalton-Daily, a real estate broker with The Platinum Group Realtors, in Colorado Springs.
It's believed that the community's military population -- along with its older, less-expensive homes, larger backyards, location to Interstate 25, good schools and comparatively lower property taxes -- make it popular among homebuyers.
"You also have that big $300 million Amazon building getting built in the Powers corridor," said Dalton-Daily. "All of those people are going to need places to live, and investors know it's going to be a need."
As of Tuesday, she said only 17 homes are actively being sold in Security-Widefield.
"There are 105 under contract and 132 have closed in the past two months," Dalton-Daily said. "Homes sold since January is over 600. There just aren't enough homes to sell."
Because Security-Widefield is bordered by Powers Boulevard to the east, Fountain to the south, major highways to the west and Colorado Springs to the north, the community has little room for growth.
However, Dalton-Daily said the situation should lead to continued homebuilding in the Fountain area and in southeast Colorado Springs.
According to the report, the top ten zip codes follow the overall trend of homebuyers shifting their buying behavior in response to the pandemic by seeking homes in less-populated suburbs away from major cities.
"If I didn't own a house in Fountain, I'd buy one in Security-Widefield," said Bob Tallerdy. "It's a nice place to live. Everybody's friendly. Being #1 in the country surprises me, though. Nothing wrong with getting a little bigger."
His wife is more skeptical.
"We also need to take care of (things) as far as the sewer lines and the flooding," she said. "The kids have nowhere to go, to play. No movies, no nothing for the kids. So if (the housing market) is so good, why aren't we improving (things) for the residents who live here?"
Alexandria Trujillo is a lifelong Security-Widefield resident and hopes to own a home someday.
"I love it here, but I don't want a bunch of people to be moving here," she said. "That would be frustrating. It's already frustrating finding housing here as it is."
To read the entire report, visit: https://www.realtor.com/research/tag/hottest-zip-codes/.
