Is 80132 a buyer or seller market?
Right now, 80132 (Monument & Palmer Lake) is a balanced market.
57%
of listings sell (vs expire)
95.8%
sold vs original list
46.8%
got a seller concession
Based on 42 closed and 32 failed listings, trailing 90 days. Full demand and concessions data.

How 80132 holds value

Compare all zips →
5.72%
of homes sold last year (turnover)
-1.7%
1-year appreciation
+20.7%
5-year appreciation
about 3.8%/yr
+5.9
points vs market (5yr)
+81.9%
10-year appreciation
about 6.2%/yr
2006 · $376,118 shaded: 2020 to 2022 surge 2026 · $747,250
Turnover = homes sold in the last 12 months vs the count of homes in 80132 (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 80132 - Monument & Palmer Lake

232 Active
$805,023 Avg List Price
88 Avg Days on Market
$250,000 Lowest Price
$2,900,000 Highest Price

Closed Sales - Last 30 Days

42 Sold
$799,853 Avg Close Price
94.4% Avg Close-to-Original List
95.8% Median Close-to-Original List

Market Comparison

$764,700 Area Median Price
61.0% above regional median vs Regional Median ($475,000)

Month-over-Month Trends

↓ -1.4% Avg List Price
↑ +7.1 Avg DOM
↓ -1.1% CPOLP

Showing active residential listings in zip code 80132. Updated every 15 minutes from the elevateMLS.

Get Alerts for 80132

Market Breakdown

Price Distribution

Under $300K
2 (0.9%)
$300K - $450K
21 (9.1%)
$450K - $600K
33 (14.2%)
$600K+
176 (75.9%)

Property Types

Single Family
209 (90.1%)
Townhouse
18 (7.8%)
Patio Home
3 (1.3%)
Condo
2 (0.9%)

Bedrooms

9
2 bd
35
3 bd
102
4 bd
69
5 bd
17
6+ bd
232 results · Page 5 of 16
Price Drop - $66,000 off
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MLS #: 6939386 More Details →
15898 Little Bluestem Road, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 2.0
List Price: $685,000 $619,000
DOM: 252
Taxes: $4,562/yr
Year Built: 2022
Listed By: Peak Real Estate Connection LLC
List Price $619,000
Est. Monthly Cost* $4,748.39
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MLS #: 9643383 More Details →
17950 New London Road, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/2
Garage: 2.0
List Price: $625,000
DOM: 6
Taxes: $2,677/yr
Year Built: 1984
Listed By: REMAX PROPERTIES
List Price $625,000
Est. Monthly Cost* $4,631.19
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MLS #: 5308462 More Details →
15628 Dawson Creek Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/4
Garage: 3.0
List Price: $625,000
DOM: 0
Taxes: $3,481/yr
Year Built: 2000
Listed By: The Property Group, Inc.
List Price $625,000
Est. Monthly Cost* $4,698.26
Price Drop - $25,000 off
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MLS #: 5282593 More Details →
17861 Smelting Rock Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 2.0
List Price: $650,000 $625,000
DOM: 178
Taxes: $4,861/yr
Year Built: 2016
Listed By: The Cutting Edge
List Price $625,000
Est. Monthly Cost* $4,813.25
Price Drop - $121,000 off
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MLS #: 9869894 More Details →
15884 Paiute Circle, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/3
Garage: 3.0
List Price: $750,000 $629,000
DOM: 125
Taxes: $3,809/yr
Year Built: 2005
Listed By: RE/MAX Real Estate Group LLC
List Price $629,000
Est. Monthly Cost* $4,752.15
Price Drop - $38,000 off
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MLS #: 8212530 More Details →
2382 Pelican Bay Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 2.0
List Price: $675,000 $637,000
DOM: 69
Taxes: $4,636/yr
Year Built: 2018
Listed By: Keller Williams Clients Choice Realty
List Price $637,000
Est. Monthly Cost* $4,874.35
Price Drop - $10,000 off
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MLS #: 2906333 More Details →
2583 Lakes Edge Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 2.0
List Price: $650,000 $640,000
DOM: 74
Taxes: $4,682/yr
Year Built: 2019
Listed By: Exp Realty LLC
List Price $640,000
Est. Monthly Cost* $4,898.11
Price Drop - $5,000 off
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MLS #: 7685640 More Details →
389 Oxbow Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 2.0
List Price: $650,000 $645,000
DOM: 222
Taxes: $3,183/yr
Year Built: 2000
Listed By: NAV Real Estate
List Price $645,000
Est. Monthly Cost* $4,806.47
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MLS #: 8119125 More Details →
15523 Candle Creek Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 3.0
List Price: $650,000
DOM: 3
Taxes: $3,985/yr
Year Built: 1999
Listed By: Exp Realty LLC
List Price $650,000
Est. Monthly Cost* $4,906.56
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MLS #: 8466513 More Details →
19295 Rim Of The World Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/5
Garage: 2.0
List Price: $650,000
DOM: 0
Taxes: $3,472/yr
Year Built: 1979
Listed By: Legends Real Estate
List Price $650,000
Est. Monthly Cost* $4,863.81
Price Drop - $90,000 off
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MLS #: 3034575 More Details →
16318 Monument Rock Court, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 2.0
List Price: $740,000 $650,000
DOM: 114
Taxes: $4,698/yr
Year Built: 2024
Listed By: Coldwell Banker Realty
List Price $650,000
Est. Monthly Cost* $4,966.01
Price Drop - $45,570 off
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MLS #: 7535614 More Details →
17528 Lucky Penny Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 2.0
List Price: $695,570 $650,000
DOM: 118
Taxes: $4,044/yr
Year Built: 2026
Listed By: Classic Residential Services
List Price $650,000
Est. Monthly Cost* $4,911.47
Price Drop - $15,000 off
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MLS #: 3641328 More Details →
16274 Windy Creek Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/3
Garage: 2.0
List Price: $675,000 $660,000
DOM: 35
Taxes: $3,004/yr
Year Built: 2002
Listed By: Keller Williams Clients Choice Realty
List Price $660,000
Est. Monthly Cost* $4,891.33
Price Drop - $10,000 off
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MLS #: 9712812 More Details →
1400 Catamaran Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 2.0
List Price: $679,900 $669,900
DOM: 76
Taxes: $2,653/yr
Year Built: 1985
Listed By: MB-Brunk and Brunk Inc
List Price $669,900
Est. Monthly Cost* $4,927.92
Price Drop - $7,374 off
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MLS #: 8486865 More Details →
17533 Brass Buckle Way, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 2.0
List Price: $682,374 $675,000
DOM: 23
Taxes: $4,044/yr
Year Built: 2026
Listed By: Classic Residential Services
List Price $675,000
Est. Monthly Cost* $5,077.79
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About 80132 - Monument & Palmer Lake

Monument and Palmer Lake — just north of Colorado Springs along I-25. Small-town feel with mountain views and Lewis-Palmer D38 schools. Popular with military families and Denver commuters who want to split the difference. New construction in Promontory and Sanctuary Pointe.

Zip code 80132 in Colorado Springs currently has 232 active residential listings ranging from $250,000 to $2,900,000, with an average list price of $805,023. Homes in this area average 88 days on market. In the last 30 days, 42 homes sold in 80132 at an average close price of $799,853, with buyers paying an average of 94.4% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $8,553 to $8,282 including taxes and insurance.

Nearby Zip Codes

80908 - Black Forest & North Gate 80921 - Cordera & Wolf Ranch 80133 - Palmer Lake 80863 - Woodland Park

School districts serving 80132: Lewis-Palmer-38

Looking for a home in 80132? 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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