The story of this market
The typical home in ZIP 81024 sells for about $245,000, or $168 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 81024 — Boncarbo
The housing market in 81024 remains stable with low inventory and modest price appreciation. Activity is driven by local demand rather than speculative investment, resulting in a slow but steady market pace.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including retirees and local workers who prioritize affordability and access to outdoor space over proximity to urban amenities.
Median prices moved up 4.2% year over year.
Homes spend a median of 42 days on market with 3.6 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 14.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 81024, Bent 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.
Crime rates in this rural area are generally low compared to regional urban centers, with property crime being the primary concern. Local law enforcement reports stable trends in recent years.
Schools serving this area are part of a small rural district, typically characterized by smaller class sizes and limited extracurricular offerings compared to larger suburban districts.
The area faces moderate wildfire risk during dry seasons and occasional high-wind events, typical for the high-plains geography of Southern Colorado.
Economic momentum is modest, driven primarily by local agriculture, regional services, and tourism-related traffic; there is limited large-scale industrial development.
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.
Commuting is primarily car-dependent, with residents traveling to nearby regional hubs for employment; public transit options are not available.
The area offers access to expansive outdoor recreation, including hiking, fishing, and public lands, though commercial shopping and dining options are limited to small-town local businesses.
The rental market is characterized by low inventory and limited turnover, with most units being single-family homes; there is minimal short-term rental pressure.
The local economy is anchored by agricultural production and regional government services, with limited diversification into other sectors.
Transportation infrastructure is limited to state highways; there is no public transit or rail service.
There are no major commercial or residential developments currently in the pipeline for this rural ZIP code.
The county appraisal district conducts biennial property valuations based on market sales data and cost-approach methodologies.
Parcels are subject to standard county and school district levies; there are no significant MUD or PID districts reported.
Property insurance premiums are rising due to regional wildfire risk and general inflationary pressure on construction costs.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Monument Lake Resort4.319.4 mi
- Trinidad Lake State Park4.58.1 mi
- Ludlow Memorial4.710.6 mi
- Tri Peak Theaters and Event Center4.312.1 mi
- Central Park4.510.4 mi
- Trinidad History Museum4.311 mi
- Las Animas Pizza Company4.310.8 mi
- Trinidad History Museum4.311 mi
- Trinidad Lake State Park4.58.1 mi
- Ludlow Memorial4.710.6 mi
- Cimino Park4.210.7 mi
- Central Park4.510.4 mi
- Kit Carson Park4.510.6 mi
- Monument Lake Resort4.319.4 mi
- Safeway3.810.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major regional destination for boating, fishing, and camping located nearby.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.