Is 80923 a buyer or seller market?
Right now, 80923 (Stetson Hills & Meridian Ranch) is a balanced market.
67%
of listings sell (vs expire)
96.5%
sold vs original list
58.5%
got a seller concession
Based on 31 closed and 15 failed listings, trailing 90 days. Full demand and concessions data.

How 80923 holds value

Compare all zips →
4.39%
of homes sold last year (turnover)
-3.2%
1-year appreciation
+9.8%
5-year appreciation
about 1.9%/yr
-5.0
points vs market (5yr)
+82.2%
10-year appreciation
about 6.2%/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

112 + 36 Active + Under Contract
$491,158 Avg List Price
58 Avg Days on Market
$264,900 Lowest Price
$3,000,000 Highest Price

Closed Sales - Last 30 Days

31 Sold
$460,531 Avg Close Price
95.0% Avg Close-to-Original List
96.5% Median Close-to-Original List

Market Comparison

$451,500 Area Median Price
4.9% below regional median vs Regional Median ($475,000)

Month-over-Month Trends

↑ +1.3% Avg List Price
↑ +6.0 Avg DOM
↓ -3.2% 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 (3.6%)
$300K - $450K
48 (42.9%)
$450K - $600K
46 (41.1%)
$600K+
14 (12.5%)

Property Types

Single Family
89 (79.5%)
Townhouse
16 (14.3%)
Condo
6 (5.4%)
Patio Home
1 (0.9%)

Bedrooms

11
2 bd
49
3 bd
36
4 bd
13
5 bd
3
6+ bd
148 results · Page 1 of 10
Price Drop - $10,100 off
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MLS #: 8827114 More Details →
4895 Wells Branch Heights, Colorado Springs
Type: Condo
Zip: 80923
Beds/Baths: 2/2
Garage: 1.0
List Price: $275,000 $264,900
DOM: 110
Taxes: $1,176/yr
Year Built: 2014
Listed By: HomeSmart
List Price $264,900
Est. Monthly Cost* $2,110.43
Price Drop - $24,700 off
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MLS #: 3323109 More Details →
4875 Wells Branch Heights, Colorado Springs
Type: Condo
Zip: 80923
Beds/Baths: 2/2
Garage: 0
List Price: $299,700 $275,000
DOM: 97
Taxes: $1,136/yr
Year Built: 2014
Listed By: The Cutting Edge
List Price $275,000
Est. Monthly Cost* $2,174.25
Price Drop - $15,000 off
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MLS #: 7202542 More Details →
6042 Ensemble Heights, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 2/3
Garage: 2.0
List Price: $305,000 $290,000
DOM: 59
Taxes: $1,277/yr
Year Built: 2003
Listed By: PCS Partners, LLC
List Price $290,000
Est. Monthly Cost* $2,285.82
Price Drop - $15,250 off
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MLS #: 3545724 More Details →
5445 Prominence Point, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $313,750 $298,500
DOM: 38
Taxes: $911/yr
Year Built: 2006
Listed By: Merit Company Inc
List Price $298,500
Est. Monthly Cost* $2,311.83
Price Drop - $18,000 off
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MLS #: 2751509 More Details →
4790 Wells Branch Heights, Colorado Springs
Type: Condo
Zip: 80923
Beds/Baths: 3/2
Garage: 1.0
List Price: $325,000 $307,000
DOM: 190
Taxes: $1,016/yr
Year Built: 2012
Listed By: Keller Williams Clients Choice Realty
List Price $307,000
Est. Monthly Cost* $2,377.14
Price Drop - $14,600 off
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MLS #: 7498444 More Details →
5318 Prominence Point, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 2/3
Garage: 2.0
List Price: $324,500 $309,900
DOM: 116
Taxes: $1,100/yr
Year Built: 2015
Listed By: HomeSmart
List Price $309,900
Est. Monthly Cost* $2,403.45
Price Drop - $8,001 off
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MLS #: 3612334 More Details →
5978 Ensemble Heights, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 2/3
Garage: 2.0
List Price: $318,000 $309,999
DOM: 68
Taxes: $2,176/yr
Year Built: 2002
Listed By: RE/MAX Real Estate Group LLC
List Price $309,999
Est. Monthly Cost* $2,493.76
Price Drop - $20,001 off
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MLS #: 6608743 More Details →
6214 Cedar Park Grove, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $330,000 $309,999
DOM: 78
Taxes: $951/yr
Year Built: 2011
Listed By: Exp Realty LLC
List Price $309,999
Est. Monthly Cost* $2,391.65
Under Contract
Price Drop - $15,000 off
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MLS #: 9399695 More Details →
6175 Daylight Point, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 2/2
Garage: 2.0
List Price: $325,000 $310,000
DOM: 45
Taxes: $1,301/yr
Year Built: 1997
Listed By: Keller Williams Preferred Realty
List Price $310,000
Est. Monthly Cost* $2,420.84
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MLS #: 5715939 More Details →
6920 Sandcastle Point, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 2/3
Garage: 2.0
List Price: $325,000
DOM: 0
Taxes: $1,447/yr
Year Built: 2008
Listed By: Falcon Peyton Homes
List Price $325,000
Est. Monthly Cost* $2,532.84
Under Contract
Price Drop - $30,000 off
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MLS #: 9140018 More Details →
5056 Stillwater Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 2.0
List Price: $359,999 $329,999
DOM: 104
Taxes: $1,403/yr
Year Built: 1992
Listed By: Realty One Group Premier
List Price $329,999
Est. Monthly Cost* $2,562.42
Price Drop - $10,001 off
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MLS #: 2658196 More Details →
4790 Wells Branch Heights, Colorado Springs
Type: Condo
Zip: 80923
Beds/Baths: 3/2
Garage: 1.0
List Price: $345,000 $334,999
DOM: 272
Taxes: $967/yr
Year Built: 2012
Listed By: NAV Real Estate
List Price $334,999
Est. Monthly Cost* $2,559.32
Price Drop - $15,000 off
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MLS #: 8059923 More Details →
6585 Baytree Grove, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 2/3
Garage: 2.0
List Price: $350,000 $335,000
DOM: 64
Taxes: $986/yr
Year Built: 2007
Listed By: Real Broker, LLC DBA Real
List Price $335,000
Est. Monthly Cost* $2,560.92
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MLS #: 6852674 More Details →
4895 Wells Branch Heights, Colorado Springs
Type: Condo
Zip: 80923
Beds/Baths: 2/2
Garage: 0
List Price: $336,500
DOM: 100
Taxes: $966/yr
Year Built: 2014
Listed By: Exp Realty LLC
List Price $336,500
Est. Monthly Cost* $2,569.21
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MLS #: 9049469 More Details →
6933 Sandcastle Point, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $345,000
DOM: 5
Taxes: $1,460/yr
Year Built: 2008
Listed By: Main Street Brokers
List Price $345,000
Est. Monthly Cost* $2,666.93
Prev 1 2 3 ... 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 112 active residential listings ranging from $264,900 to $3,000,000, with an average list price of $491,158. Homes in this area average 58 days on market. In the last 30 days, 31 homes sold in 80923 at an average close price of $460,531, with buyers paying an average of 95.0% 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: 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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