Is 80923 a buyer or seller market?
Right now, 80923 (Stetson Hills & Meridian Ranch) is a balanced market.
65%
of listings sell (vs expire)
95.5%
sold vs original list
49.6%
got a seller concession
Based on 30 closed and 16 failed listings, trailing 90 days. Full demand and concessions data.

How 80923 holds value

Compare all zips →
4.35%
of homes sold last year (turnover)
-2.1%
1-year appreciation
+8.3%
5-year appreciation
about 1.6%/yr
-5.1
points vs market (5yr)
+81.2%
10-year appreciation
about 6.1%/yr
2006 · $229,900 shaded: 2020 to 2022 surge 2026 · $464,000
Turnover = homes sold in the last 12 months vs the count of homes in 80923 (El Paso County assessor). Appreciation is the change in median sale price. Most of the multi-year gain came in the 2020 to 2022 surge (shaded) and has been roughly flat since, so the per-year rate is the steadier read. "Points vs market" is this zip's five-year appreciation minus the market-wide figure: positive means it beat the market, negative means it lagged. Source: Rob Thompson, Realtor, Iconic Colorado Properties.

Homes for Sale in 80923 - Stetson Hills & Meridian Ranch

99 + 37 Active + Under Contract
$499,785 Avg List Price
59 Avg Days on Market
$264,900 Lowest Price
$3,000,000 Highest Price

Closed Sales - Last 30 Days

30 Sold
$451,413 Avg Close Price
93.7% Avg Close-to-Original List
95.5% Median Close-to-Original List

Market Comparison

$449,900 Area Median Price
5.3% below regional median vs Regional Median ($475,000)

Month-over-Month Trends

↑ +1.1% Avg List Price
↓ -3.8 Avg DOM
+0.1% CPOLP

Showing active residential listings in zip code 80923. Updated every 15 minutes from the elevateMLS.

Get Alerts for 80923

Market Breakdown

Price Distribution

Under $300K
4 (4.0%)
$300K - $450K
46 (46.5%)
$450K - $600K
35 (35.4%)
$600K+
14 (14.1%)

Property Types

Single Family
80 (80.8%)
Townhouse
14 (14.1%)
Condo
5 (5.1%)

Bedrooms

13
2 bd
43
3 bd
29
4 bd
13
5 bd
1
6+ bd
136 results · Page 10 of 10
6125 Templeton Gap Road
MLS #: 4066371 More Details →
6125 Templeton Gap Road, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $3,000,000
DOM: 127
Taxes: $1,828/yr
Year Built: 1968
Listed By: RE/MAX Real Estate Group LLC
List Price $3,000,000
Est. Monthly Cost* $20,361.40
Prev 1 ... 8 9 10 Next

About 80923 - Stetson Hills & Meridian Ranch

Stetson Hills and the west edge of Meridian Ranch. Another high-growth zone in the northeast with newer construction, D49 schools, and quick access to Peterson SFB and Schriever SFB. Powers Blvd runs through the middle, providing major commercial amenities.

Zip code 80923 in Colorado Springs currently has 99 active residential listings ranging from $264,900 to $3,000,000, with an average list price of $499,785. Homes in this area average 59 days on market. In the last 30 days, 30 homes sold in 80923 at an average close price of $451,413, with buyers paying an average of 93.7% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $2,421 to $3,211 including taxes and insurance.

Nearby Zip Codes

80922 - Banning Lewis Ranch & Stetson Hills 80924 - Meridian Ranch & Falcon Highlands 80831 - Falcon & Woodmen Hills

School districts serving 80923: Academy-20, Colorado Springs 11, District 49

Looking for a home in 80923? Contact Rob Thompson at 719.440.6626 for a personalized home search or visit our monthly payment search to find homes that fit your budget. You can also browse by budget: under $1,500/mo, under $2,000/mo, under $2,500/mo, or under $3,000/mo.

The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Estimated monthly costs assume 7.0% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

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