The story of this market
The typical home in ZIP 81039 sells for about $191,000, or $189 per square foot.
Prices are down 2.5% from a year ago, which gives buyers more room to negotiate. Homes take about 98 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $882 a month.
ZIP 81039 — Fowler
The housing market in 81039 is characterized by low price points and high vacancy rates, reflecting a challenging environment for residential investment. Market activity remains slow with limited demand signals, necessitating a cautious approach for potential buyers.
This ZIP is primarily suited for experienced real estate investors comfortable with higher vacancy risks and lower price points, rather than commuters or families seeking high-growth residential amenities.
Median prices moved down 2.5% year over year.
Homes spend a median of 98 days on market with 5.5 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 14.5% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 81039, Otero County CO
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Colorado) — Statutory Agricultural Land Reclassification and Improvement Valuation: Under C.R.S. § 39-1-102(1.6)(a)(I), up to two acres of land directly underlying a residential improvement on agricultural parcels are segregated and assessed at residential rates (6.80% / 7. State (Colorado) — Senior and Disabled Veteran Property Tax Homestead Exemption: Exempts 50% of the first $200,000 of actual market value of the qualifying primary residential parcel from property taxation (a maximum actual value deduction of $100,000). State (Colorado) — Colorado Split Residential Property Tax Assessment Rate Structure: Imposes annual ad valorem property taxes determined using a bifurcated assessment rate system. Assessed Value = Actual (Market) Value × Assessment Rate. Beginning for tax years 2025/2026, residential property is assessed at 6.
The rental market in 81039 shows high vacancy rates of approximately 15.9%, which is above national norms, suggesting a softer demand environment for landlords.
The local economy is characterized by a rural industry mix with limited major corporate infrastructure, requiring tight underwriting for real estate investments.
Data retrieved from ZCTA-level census profiles and local market reports.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.