The community of Fountain is located along the rugged Rocky Mountain Range at the base of Pikes Peak. It runs along highway 85 about 13 miles from Colorado Springs. Originally named for the nearby creek bearing the same name, this neighborhood boasts beautiful weather with an average of more than 250 days of sunshine annually. (more)
With a land size of approximately fourteen square miles, Fountain holds a population of about 28,000 residents and makes a lovely addition to El Paso County.
The economy within Fountain is self-sufficient and rather diverse. Some industries providing employment include educational, health, social services, retail trade and manufacturing, as well as a significant amount of military service support personnel. Residents with children in grades K-12 will find the proper educational accommodations through Fountain School District 8 with two public high schools and five public middle/primary schools. Those in pursuit of a degree in higher education will find five nearby college and university campuses at their disposal including the University of Colorado at Colorado Springs. Local recreational amenities include several museums and regional parks, such as Garden of the Gods and the World Figure Skating Museum and Hall of Fame.
Fountain Real Estate Prices
The real estate market in Fountain is composed primarily of single-family homes as well as a few listings for condos and townhomes. A typical 3-bedroom 2-bathroom home can be acquired starting at $150,000. Slightly bigger homes with 4-bedrooms can be purchased starting at $250,000. Larger estate properties with 5 or more bedrooms can be purchased starting from $300,000. For buyers that are in search of a townhome of condo in Fountain, prices typically start at $180,000.
Fountain, Colorado Average Home Sizes and Asking Prices
Fountain Real Estate Stats and Trends for the week of January 14th, 2019: homes priced around $319,719 compared to $316,819 the previous week, for a slight increase of less than +1%. For Monday, January 14th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.