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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

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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

60 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.

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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

2 bd

3 bd

4 bd

5 bd

6+ bd

136 results · Page 5 of 10

Price: Low-High Price: High-Low

MLS #: 6553161 More Details →

4808 Bridle Pass Drive, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 4/3

Garage: 2.0

List Price: $442,500

DOM: 29

Taxes: $1,470/yr

Year Built: 1999

Listed By: Real Broker, LLC DBA Real

List Price $442,500

Est. Monthly Cost* $3,316.46

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Price Drop - $4,900 off

MLS #: 4578187 More Details →

6065 Fossil Drive, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 4/3

Garage: 2.0

List Price: $449,900 $445,000

DOM: 71

Taxes: $2,025/yr

Year Built: 1997

Listed By: Exp Realty LLC

List Price $445,000

Est. Monthly Cost* $3,379.35

★ Assumable loan near 2.75%: about $2,235/mo at that rate (illustrative, verify the balance with the lender)

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Price Drop - $10,000 off

MLS #: 5147600 More Details →

5230 Pine Haven Drive, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 4/3

Garage: 2.0

List Price: $455,000 $445,000

DOM: 66

Taxes: $1,513/yr

Year Built: 1998

Listed By: Teegardin Realty and Investment Company

List Price $445,000

Est. Monthly Cost* $3,336.68

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Price Drop - $15,000 off

MLS #: 3129819 More Details →

6279 Grand Mesa Drive, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 4/3

Garage: 3.0

List Price: $460,000 $445,000

DOM: 42

Taxes: $1,886/yr

Year Built: 2003

Listed By: Keller Williams Avenues Realty

List Price $445,000

Est. Monthly Cost* $3,367.77

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Price Drop - $15,100 off

MLS #: 1366921 More Details →

6631 Dance Hall Lane, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 3/2

Garage: 2.0

List Price: $465,000 $449,900

DOM: 114

Taxes: $2,820/yr

Year Built: 2015

Listed By: The Gold Medal Team

List Price $449,900

Est. Monthly Cost* $3,478.18

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Price Drop - $25,000 off

MLS #: 9212678 More Details →

5372 Luster Drive, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 3/3

Garage: 2.0

List Price: $475,000 $450,000

DOM: 29

Taxes: $1,569/yr

Year Built: 2002

Listed By: REMAX PROPERTIES

List Price $450,000

Est. Monthly Cost* $3,374.58

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Price Drop - $25,000 off

MLS #: 2429819 More Details →

6544 Cabana Circle, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 3/3

Garage: 3.0

List Price: $475,000 $450,000

DOM: 42

Taxes: $1,982/yr

Year Built: 2005

Listed By: Exp Realty LLC

List Price $450,000

Est. Monthly Cost* $3,409.01

★ Assumable loan near 2.62%: about $2,223/mo at that rate (illustrative, verify the balance with the lender)

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Price Drop - $75,000 off

MLS #: 5969903 More Details →

6692 Cornelius Point, Colorado Springs

Type: Townhouse

Zip: 80923

Beds/Baths: 3/3

Garage: 2.0

List Price: $525,000 $450,000

DOM: 85

Taxes: $4,500/yr

Year Built: 2025

Listed By: Coldwell Banker Realty

List Price $450,000

Est. Monthly Cost* $3,618.86

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Price Drop - $20,900 off

MLS #: 6089146 More Details →

5560 Ansel Drive, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 4/3

Garage: 2.0

List Price: $479,900 $459,000

DOM: 46

Taxes: $1,844/yr

Year Built: 2002

Listed By: REMAX PROPERTIES

List Price $459,000

Est. Monthly Cost* $3,457.41

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MLS #: 4872736 More Details →

6705 Sleeping Giant Drive, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 5/3

Garage: 3.0

List Price: $459,900

DOM: 7

Taxes: $1,619/yr

Year Built: 1997

Listed By: The Cutting Edge

List Price $459,900

Est. Monthly Cost* $3,444.66

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Price Drop - $30,100 off

MLS #: 3099632 More Details →

5813 Dolores Street, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 4/4

Garage: 2.0

List Price: $490,000 $459,900

DOM: 91

Taxes: $1,880/yr

Year Built: 2000

Listed By: Harmony Real Estate Group, Inc

List Price $459,900

Est. Monthly Cost* $3,466.41

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Price Drop - $10,000 off

MLS #: 7581771 More Details →

5047 Hawk Springs Drive, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 4/3

Garage: 2.0

List Price: $470,000 $460,000

DOM: 51

Taxes: $1,649/yr

Year Built: 1998

Listed By: Exp Realty LLC

List Price $460,000

Est. Monthly Cost* $3,447.82

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Price Drop - $35,000 off

MLS #: 7200552 More Details →

5830 Charlotte Parkway, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 4/4

Garage: 2.0

List Price: $499,900 $464,900

DOM: 76

Taxes: $1,450/yr

Year Built: 2000

Listed By: The Cutting Edge

List Price $464,900

Est. Monthly Cost* $3,463.78

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MLS #: 8692738 More Details →

5964 Poudre Way, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 5/3

Garage: 3.0

List Price: $465,000

DOM: 5

Taxes: $2,001/yr

Year Built: 2002

Listed By: Mercie Real Estate

List Price $465,000

Est. Monthly Cost* $3,510.41

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MLS #: 5687735 More Details →

6860 Conifer Ridge Drive, Colorado Springs

Type: Single Family

Zip: 80923

Beds/Baths: 6/4

Garage: 2.0

List Price: $470,000

DOM: 26

Taxes: $2,209/yr

Year Built: 2005

Listed By: Matthew Moorman

List Price $470,000

Est. Monthly Cost* $3,560.99

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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 60 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.

How 80923 holds value

Homes for Sale in 80923 - Stetson Hills & Meridian Ranch

Market Breakdown

About 80923 - Stetson Hills & Meridian Ranch

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