The story of this market
The typical home in ZIP 81077 sells for about $223,833, or $127 per square foot.
Prices are up +6.4% from a year ago, so sellers still have some momentum. Homes take about 91 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $400 a month.
ZIP 81077 — Swink
The housing market in 81077 is characterized by low inventory and modest price growth, reflecting a stable, rural market. Sales volume is very low, and the area remains highly affordable compared to national and state benchmarks. No new residential construction permits were reported for the most recent period.
This ZIP is best suited for budget-conscious buyers and those seeking a quiet, small-town lifestyle in a rural setting, as it offers low entry prices compared to national averages.
Median prices moved up 6.4% year over year.
Homes spend a median of 91 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 14.0% — 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 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 81077, Otero County CO
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) — 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. 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).
Residents typically commute to nearby La Junta or Rocky Ford for employment, with most travel occurring via Highway 50.
The area offers proximity to the Arkansas River for outdoor activities and local parks within the town of Swink, with broader shopping and dining options available in neighboring La Junta.
The rental market is limited, primarily consisting of studio apartments with rents typically ranging from $300 to $499 per month.
The local economy is primarily driven by agriculture and small-scale local services, with larger employment hubs located in nearby La Junta.
The area is served by Highway 50, which acts as the primary transit corridor for the region.
Otero County Assessor manages property valuations for tax purposes.
Parcels are served by the East Otero School District and local utility providers.
Data retrieved from US Census Bureau and IncomeByZipCode.com
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. Source: NCES EDGE public school locations 2023-24.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.