The story of this market
The typical home in ZIP 81089 sells for about $225,000, or $148 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 81089 — Walsenburg
The housing market in 81089 is characterized by low turnover and a high share of rural land listings, reflecting a stable but slow-moving environment. Prices have seen modest appreciation, driven by limited inventory and interest from buyers seeking affordable rural properties. The market remains balanced, with few signs of rapid speculative growth.
This ZIP is best suited for retirees, outdoor enthusiasts, and remote workers seeking affordable land and a quiet, rural lifestyle away from major metropolitan congestion.
Median prices moved up 2.1% year over year.
Homes spend a median of 112 days on market with 8.4 months of supply — a slower-moving market.
13% of listings have cut prices · homes sell at 96.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 14.2% — 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 6.7%/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 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 81089, Huerfano 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 the Walsenburg area are generally reported as lower than the national average, with property crime being the primary concern in the region.
Schools serving the 81089 ZIP code are primarily part of the Huerfano School District RE-1, which provides rural educational services with limited extracurricular offerings compared to larger urban districts.
The area faces moderate wildfire risk due to its high-plains and mountainous terrain, and property insurance premiums have seen upward pressure in recent years due to regional climate-related hazard exposure.
Economic momentum is driven by local government, tourism, and small-scale agriculture, with limited large-scale industrial development currently underway in the immediate ZIP code.
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 utilizing US Highway 160 and Interstate 25 for travel toward employment hubs in Pueblo or Trinidad.
The area offers significant outdoor recreation, including access to Lathrop State Park, hiking trails in the Spanish Peaks region, and local fishing lakes.
The rental market is characterized by low inventory and a mix of long-term residential leases and seasonal housing, with limited new multi-family construction.
The economy is anchored by public sector employment, tourism, and small-scale ranching, with a focus on regional service provision.
Transportation is dominated by private vehicle use, with US Highway 160 serving as the primary arterial route through the county.
Development is largely focused on low-density residential infill and rural land subdivision rather than large-scale commercial projects.
The Huerfano County Assessor conducts biennial reappraisals to determine market value for property tax purposes.
Parcels are subject to Huerfano County general taxes, school district levies, and specific fire protection district assessments.
Property insurance costs are rising due to regional wildfire risk, with many carriers requiring mitigation efforts for coverage.
Data retrieved from US Census Bureau ZCTA 81089 profile.
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.
- Lathrop State Park4.65.2 mi
- Fox Theatre Walsenburg4.71.8 mi
- Fox Theatre Walsenburg4.71.8 mi
- Lathrop State Park4.65.2 mi
- Safeway41.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Features two lakes and extensive hiking trails.
Prominent mountain range offering scenic views and outdoor recreation.
Highlights the local history of coal mining in the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.