Old North End

Colorado Springs, CO

Neighborhood Market Analysis

Q3 2025 Report
$699,000 (May 2025)
Median Home Price
35/100 (Walk Score); bike score 75/100; transit score 33/100[1].
Walkability Score
Steele Elementary is highly rated; public schools in the area generally perform above city average[2].
School Rating

Location Overview

Neighborhood Boundaries

Roughly bordered by Uintah St (south), Monument Valley Park (west), Jackson St (north), and Wahsatch Ave (east).

Zip Codes

8090780903

Market Data Summary

Price Range$515,000–$900,000+ depending on size, condition, and location within the neighborhood
Price per Sq Ft$274 (May 2025)
Inventory LevelsInventory up significantly citywide; Old North End has more listings than sales, shifting toward a buyer’s market[1][3][4].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesHistoric mansionsVictorian housesCraftsman bungalows

Architectural Styles

VictorianQueen AnneCraftsmanColonial RevivalTudor

Property Details

Typical Lot Sizes0.15–0.5 acres, with larger lots closer to Monument Valley Park
Home Age RangeLate 1800s–1940s (majority pre-World War II); some homes updated or restored
Construction QualityHigh; many homes feature original woodwork, brick, and stone exteriors, with a mix of historic preservation and modern updates.

Community Profile

Demographics & Lifestyle

Demographics

Population ~9,657; median age 35; median household income $72,168[1].

Community Vibe

Historic, established, and prestigious. Tree-lined streets, active neighborhood events, and preservation-focused culture.

Typical Residents

  • Families
  • Professionals
  • Retirees
  • Academics (proximity to Colorado College)

Family Friendly

Very; walkable to parks, schools, and downtown. Strong sense of community and neighborhood association.

Amenities & Lifestyle

Parks & Recreation

  • Monument Valley Park
  • Shooks Run Trail
  • Historic walking tours

Dining Options

  • Downtown restaurants
  • Local cafes
  • Bistros within walking/biking distance

Shopping Centers

  • Downtown Colorado Springs shops
  • Boutique retailers on Tejon St

Local Businesses

  • Coffee shops
  • Boutique stores
  • Local bakeries
  • Bookstores

Education & Schools

Steele Elementary is highly rated; public schools in the area generally perform above city average[2].
Overall School Rating

Elementary Schools

  • Steele Elementary School

Middle Schools

  • North Middle School

High Schools

  • Palmer High School

Private Schools

  • Colorado Springs School (nearby)
  • Corpus Christi Catholic School

Transportation & Accessibility

Transit & Roads

Public Transit

  • Mountain Metro Transit bus lines

Major Roads

  • Uintah St
  • Nevada Ave
  • Cascade Ave

Commute & Walkability

Commute Times5–10 minutes to downtown; 20–30 minutes to northern tech corridor; 20 minutes to Fort Carson.
WalkabilityModerate; walkable to parks, Colorado College, and some shops, but car needed for most errands.
ParkingMostly street parking and private driveways; some homes have detached garages.

Marketing Intelligence

Target Buyer Types

  • History enthusiasts
  • Families
  • Professionals relocating for work
  • College faculty/staff

Key Selling Points

  • Historic charm and architecture
  • Proximity to downtown and Colorado College
  • Tree-lined streets and parks

Pricing Considerations

Price competitively given increased inventory; be prepared for negotiations below list price.

Common Objections & Response Strategies

Objection: Older homes may need costly repairs or updates.

Response Strategy:

Provide inspection reports and highlight recent upgrades or restorations; connect buyers with local contractors experienced in historic homes.

Objection: Lower walkability score for daily errands.

Response Strategy:

Emphasize proximity to parks, Colorado College, and downtown amenities; highlight bike-friendly routes and community events.

Objection: Higher property taxes or insurance for historic homes.

Response Strategy:

Explain potential tax credits for historic preservation and long-term value stability.

Investment Insights

Investment Potential

Appreciation Potential

Moderate to high long-term due to historic character and central location, but short-term appreciation may slow as market cools[1][2].

Rental Demand

Strong for single-family homes and historic properties; proximity to Colorado College increases demand for rentals.

Buyer Competition

Less intense than previous years; buyers have more negotiating power as inventory rises.

Best For

  • Buyers seeking historic homes
  • Families valuing walkability and schools
  • Investors seeking stable, long-term appreciation

Potential Concerns

  • Older homes may require significant maintenance
  • Higher property taxes due to historic status
  • Limited new construction

Professional Recommendations

1

Educate buyers on historic home ownership and maintenance

2

Leverage professional photography to highlight period details

3

Network with local preservation societies and neighborhood associations

4

Price homes competitively and prepare for longer days on market

5

Stage homes to accentuate historic charm and outdoor spaces

Competitive Analysis

Comparable Markets

  • Downtown Colorado Springs
  • Broadmoor
  • Patty Jewett

Market Positioning

Premium historic neighborhood with stable long-term value and unique character.

Competitive Advantages

  • Historic architecture
  • Central location
  • Prestigious reputation

Price Comparison

Old North End is priced above city median ($699K vs. $500K citywide), reflecting its historic status and desirability[2][3].

Investment Metrics

3.5–4.5% for single-family rentals (2025 estimate)
Cap Rates
3–4% gross annual yield, depending on property and management
Rental Yields
High (reflecting premium pricing and strong demand)
Price-to-Rent
Generally neutral to slightly positive for well-managed rentals; best for long-term appreciation rather than short-term cash flow.
Cash Flow
Stable to moderate growth over next 3–5 years, with potential for higher appreciation if market rebounds.
Appreciation

Buyer Journey Insights

First-Time Buyers

May face affordability and maintenance challenges; best suited for buyers with renovation budgets or interest in historic homes.

Move-Up Buyers

Attracted by larger homes, prestige, and proximity to downtown; often looking for long-term family homes.

Downsizers

Appeal for those seeking character and walkability, but may need to address accessibility or maintenance concerns.

Investors

Best for those seeking stable, long-term appreciation and strong rental demand; less ideal for high cash flow.

Relocators

Popular among professionals and academics relocating for work at Colorado College or downtown employers.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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