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Is 80924 a buyer or seller market?

Right now, 80924 (Meridian Ranch & Falcon Highlands) is a balanced market.

56%
of listings sell (vs expire)

99.0%
sold vs original list

35.3%
got a seller concession

Based on 27 closed and 21 failed listings, trailing 90 days. Full demand and concessions data.

How 80924 holds value

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6.63%

of homes sold last year (turnover)

-2.1%

1-year appreciation

+18.1%

5-year appreciation
about 3.4%/yr

+4.7

points vs market (5yr)

+69.5%

10-year appreciation
about 5.4%/yr

2006 · $393,602 shaded: 2020 to 2022 surge 2026 · $669,900

Turnover = homes sold in the last 12 months vs the count of homes in 80924 (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 80924 - Meridian Ranch & Falcon Highlands

175 + 36 Active + Under Contract

$677,124 Avg List Price

84 Avg Days on Market

$339,900 Lowest Price

$1,349,000 Highest Price

Closed Sales - Last 30 Days

27 Sold

$571,070 Avg Close Price

96.7% Avg Close-to-Original List

99.0% Median Close-to-Original List

Market Comparison

$675,000 Area Median Price

42.1% above regional median vs Regional Median ($475,000)

Month-over-Month Trends

↑ +2.0% Avg List Price

↑ +13.2 Avg DOM

↑ +0.7% CPOLP

Showing active residential listings in zip code 80924. Updated every 15 minutes from the elevateMLS.

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Market Breakdown

Price Distribution

Under $300K

0 (0.0%)

$300K - $450K

15 (8.6%)

$450K - $600K

46 (26.3%)

$600K+

114 (65.1%)

Property Types

Single Family

167 (95.4%)

Townhouse

7 (4.0%)

Patio Home

1 (0.6%)

Bedrooms

2 bd

3 bd

4 bd

5 bd

6+ bd

211 results · Page 12 of 15

Price: Low-High Price: High-Low

Price Drop - $10,000 off

MLS #: 1130881 More Details →

9334 Warrick Street, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/3

Garage: 3.0

List Price: $799,000 $789,000

DOM: 120

Taxes: $5,928/yr

Year Built: 2024

Listed By: ERA Shields Real Estate

List Price $789,000

Est. Monthly Cost* $5,993.25

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MLS #: 1831984 More Details →

6772 Chelsea Thicket Court, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 6/5

Garage: 3.0

List Price: $789,561

DOM: 0

Taxes: $2/yr

Year Built: 2026

Listed By: Charles Roter

List Price $789,561

Est. Monthly Cost* $5,503.14

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MLS #: 5142282 More Details →

5425 Gansevoort Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/3

Garage: 3.0

List Price: $790,000

DOM: 1

Taxes: $5,824/yr

Year Built: 2021

Listed By: Bronze Star Realty, LLC

List Price $790,000

Est. Monthly Cost* $5,991.22

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Price Drop - $20,000 off

MLS #: 6824906 More Details →

4842 Rainbow Gulch Trail, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/3

Garage: 3.0

List Price: $815,000 $795,000

DOM: 87

Taxes: $3,548/yr

Year Built: 2007

Listed By: Broadmoor Bluffs Realty

List Price $795,000

Est. Monthly Cost* $5,834.81

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Price Drop - $30,000 off

MLS #: 3446090 More Details →

5654 Cisco Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 5/4

Garage: 5.0

List Price: $825,000 $795,000

DOM: 137

Taxes: $5,513/yr

Year Built: 2014

Listed By: Exp Realty LLC

List Price $795,000

Est. Monthly Cost* $5,998.57

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MLS #: 6876831 More Details →

6578 Arabesque Loop, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/4

Garage: 3.0

List Price: $795,388

DOM: 13

Taxes: $1,067/yr

Year Built: 2026

Listed By: House Hunters, LLC

List Price $795,388

Est. Monthly Cost* $5,630.69

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MLS #: 9358580 More Details →

6712 Chelsea Thicket Court, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 6/5

Garage: 3.0

List Price: $796,430

DOM: 0

Taxes: $2/yr

Year Built: 2026

Listed By: Charles Roter

List Price $796,430

Est. Monthly Cost* $5,548.84

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Price Drop - $76,000 off

MLS #: 4489070 More Details →

5051 Gibson Lake Court, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 5/4

Garage: 3.0

List Price: $875,000 $799,000

DOM: 118

Taxes: $3,484/yr

Year Built: 2010

Listed By: The Platinum Group

List Price $799,000

Est. Monthly Cost* $5,856.07

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Price Drop - $26,000 off

MLS #: 3117609 More Details →

9043 Stony Creek Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 5/3

Garage: 3.0

List Price: $825,000 $799,000

DOM: 38

Taxes: $3,634/yr

Year Built: 2005

Listed By: Keller Williams Partners

List Price $799,000

Est. Monthly Cost* $5,868.62

★ Assumable loan advertised — could run well below today's rate

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Price Drop - $11,000 off

MLS #: 4218936 More Details →

6570 Arabesque Loop, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/4

Garage: 4.0

List Price: $810,473 $799,473

DOM: 35

Taxes: $1,067/yr

Year Built: 2026

Listed By: House Hunters, LLC

List Price $799,473

Est. Monthly Cost* $5,657.87

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MLS #: 4464509 More Details →

6688 Miro Lane, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 5/4

Garage: 4.0

List Price: $799,545

DOM: 0

Taxes: $2/yr

Year Built: 2026

Listed By: Charles Roter

List Price $799,545

Est. Monthly Cost* $5,569.56

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MLS #: 5877686 More Details →

8663 Noreen Falls Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/3

Garage: 3.0

List Price: $799,900

DOM: 199

Taxes: $2,500/yr

Year Built: 2026

Listed By: New Home Star LLC

List Price $799,900

Est. Monthly Cost* $5,780.09

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MLS #: 9434959 More Details →

6274 Rowdy Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/3

Garage: 2.0

List Price: $800,000

DOM: 0

Taxes: $5,676/yr

Year Built: 2018

Listed By: Better Homes and Gardens Real Estate Kenney & Company

List Price $800,000

Est. Monthly Cost* $6,045.45

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Price Drop - $39,100 off

MLS #: 3437755 More Details →

10457 Marshall Mesa Court, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/4

Garage: 4.0

List Price: $849,000 $809,900

DOM: 122

Taxes: $2,976/yr

Year Built: 2018

Listed By: SFR Inc

List Price $809,900

Est. Monthly Cost* $5,886.31

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Price Drop - $25,000 off

MLS #: 3893574 More Details →

10167 Lake Arbor Lane, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 5/4

Garage: 3.0

List Price: $834,900 $809,900

DOM: 116

Taxes: $2,230/yr

Year Built: 2022

Listed By: Exp Realty LLC

List Price $809,900

Est. Monthly Cost* $5,824.11

★ Assumable loan near 5.25%: about $4,908/mo at that rate (illustrative, verify the balance with the lender)

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About 80924 - Meridian Ranch & Falcon Highlands

Meridian Ranch and Falcon Highlands — the northeastern growth frontier where Colorado Springs meets Falcon. Master-planned communities with newer construction, trails, parks, and D49 schools. Popular with military families stationed at Peterson and Schriever. One of the highest-volume new construction zones in the region.

Zip code 80924 in Colorado Springs currently has 175 active residential listings ranging from $339,900 to $1,349,000, with an average list price of $677,124. Homes in this area average 84 days on market. In the last 30 days, 27 homes sold in 80924 at an average close price of $571,070, with buyers paying an average of 96.7% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $3,726 to $5,210 including taxes and insurance.

Nearby Zip Codes

80923 - Stetson Hills & Meridian Ranch 80831 - Falcon & Woodmen Hills 80922 - Banning Lewis Ranch & Stetson Hills

School districts serving 80924: Academy-20

Looking for a home in 80924? 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 80924 holds value

Homes for Sale in 80924 - Meridian Ranch & Falcon Highlands

Market Breakdown

About 80924 - Meridian Ranch & Falcon Highlands

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