Is 80132 a buyer or seller market?
Right now, 80132 (Monument & Palmer Lake) is a balanced market.
57%
of listings sell (vs expire)
96.0%
sold vs original list
46.7%
got a seller concession
Based on 43 closed and 33 failed listings, trailing 90 days. Full demand and concessions data.

How 80132 holds value

Compare all zips →
5.73%
of homes sold last year (turnover)
-1.9%
1-year appreciation
+20.5%
5-year appreciation
about 3.8%/yr
+5.7
points vs market (5yr)
+81.6%
10-year appreciation
about 6.1%/yr
2006 · $376,118 shaded: 2020 to 2022 surge 2026 · $745,000
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

230 + 52 Active + Under Contract
$806,376 Avg List Price
87 Avg Days on Market
$250,000 Lowest Price
$2,900,000 Highest Price

Closed Sales - Last 30 Days

43 Sold
$795,203 Avg Close Price
94.4% Avg Close-to-Original List
96.0% Median Close-to-Original List

Market Comparison

$764,950 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
32 (13.9%)
$600K+
175 (76.1%)

Property Types

Single Family
207 (90.0%)
Townhouse
18 (7.8%)
Patio Home
3 (1.3%)
Condo
2 (0.9%)

Bedrooms

9
2 bd
35
3 bd
101
4 bd
68
5 bd
17
6+ bd
282 results · Page 7 of 19
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
Under Contract
Price Drop - $10,000 off
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MLS #: 7700100 More Details →
770 Bowstring Road, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/3
Garage: 3.0
List Price: $684,999 $674,999
DOM: 52
Taxes: $3,078/yr
Year Built: 1989
Listed By: The Cutting Edge
List Price $674,999
Est. Monthly Cost* $4,997.32
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
Price Drop - $50,000 off
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MLS #: 2355782 More Details →
16297 Hobson Place, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 3.0
List Price: $725,000 $675,000
DOM: 128
Taxes: $3,593/yr
Year Built: 2002
Listed By: Exp Realty LLC
List Price $675,000
Est. Monthly Cost* $5,040.24
Price Drop - $16,979 off
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MLS #: 9606874 More Details →
17533 Cerberus Court, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 2.0
List Price: $691,979 $675,000
DOM: 56
Taxes: $4,044/yr
Year Built: 2026
Listed By: Classic Residential Services
List Price $675,000
Est. Monthly Cost* $5,077.79
Price Drop - $16,000 off
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MLS #: 9400279 More Details →
17010 Mountain Lake Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/4
Garage: 3.0
List Price: $695,000 $679,000
DOM: 109
Taxes: $2,456/yr
Year Built: 1999
Listed By: Springs Real Estate Brokers, LLC
List Price $679,000
Est. Monthly Cost* $4,972.04
Price Drop - $45,000 off
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MLS #: 5896936 More Details →
773 Sally Hill Court, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 3.0
List Price: $725,000 $680,000
DOM: 42
Taxes: $3,845/yr
Year Built: 2007
Listed By: 8Z Real Estate LLC
List Price $680,000
Est. Monthly Cost* $5,094.47
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MLS #: 5987127 More Details →
112 Limbach Court, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/2
Garage: 2.0
List Price: $683,999
DOM: 45
Taxes: $2,000/yr
Year Built: 2026
Listed By: New Home Star LLC
List Price $683,999
Est. Monthly Cost* $4,967.33
Price Drop - $15,000 off
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MLS #: 8205833 More Details →
1825 Lantern Tree Grove, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/3
Garage: 3.0
List Price: $699,900 $684,900
DOM: 42
Taxes: $4,137/yr
Year Built: 2014
Listed By: Exp Realty LLC
List Price $684,900
Est. Monthly Cost* $5,151.37
Price Drop - $30,000 off
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MLS #: 7446959 More Details →
322 Saber Creek Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 3.0
List Price: $715,000 $685,000
DOM: 78
Taxes: $3,506/yr
Year Built: 2003
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $685,000
Est. Monthly Cost* $5,099.46
Price Drop - $50,000 off
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MLS #: 7831009 More Details →
19534 Lindenmere Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 2.0
List Price: $739,900 $689,900
DOM: 198
Taxes: $4,753/yr
Year Built: 2017
Listed By: RE/MAX Real Estate Group LLC
List Price $689,900
Est. Monthly Cost* $5,235.99
Price Drop - $45,000 off
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MLS #: 6343864 More Details →
16935 Greenfield Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/3
Garage: 3.0
List Price: $734,950 $689,950
DOM: 150
Taxes: $0/yr
Year Built: 2025
Listed By: SH Realty Inc
List Price $689,950
Est. Monthly Cost* $4,840.25
Under Contract
Price Drop - $130,000 off
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MLS #: 7968761 More Details →
18555 Knollwood Boulevard, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 2.0
List Price: $825,000 $695,000
DOM: 157
Taxes: $2,894/yr
Year Built: 1991
Listed By: Realty ONE Group Elevations
List Price $695,000
Est. Monthly Cost* $5,114.98
Price Drop - $97,000 off
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MLS #: 8272193 More Details →
244 Mitchell Avenue, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/3
Garage: 0
List Price: $796,000 $699,000
DOM: 190
Taxes: $3,591/yr
Year Built: 1972
Listed By: Exp Realty LLC
List Price $699,000
Est. Monthly Cost* $5,199.71
Price Drop - $51,000 off
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MLS #: 9002814 More Details →
1475 Symphony Heights, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 3.0
List Price: $750,000 $699,000
DOM: 266
Taxes: $3,339/yr
Year Built: 2012
Listed By: Exp Realty LLC
List Price $699,000
Est. Monthly Cost* $5,178.76
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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 230 active residential listings ranging from $250,000 to $2,900,000, with an average list price of $806,376. Homes in this area average 87 days on market. In the last 30 days, 43 homes sold in 80132 at an average close price of $795,203, with buyers paying an average of 94.4% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $6,081 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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