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 4 of 10
Under Contract
Price Drop - $10,000 off
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MLS #: 7674164 More Details →
6483 Silverwind Circle, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $434,000 $424,000
DOM: 42
Taxes: $1,854/yr
Year Built: 2005
Listed By: Kentwood Real Estate DTC, LLC
List Price $424,000
Est. Monthly Cost* $3,225.39
Price Drop - $25,100 off
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MLS #: 7024404 More Details →
6717 Lily Mountain Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $450,000 $424,900
DOM: 92
Taxes: $1,839/yr
Year Built: 2022
Listed By: REMAX PROPERTIES
List Price $424,900
Est. Monthly Cost* $3,230.15
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MLS #: 1467668 More Details →
7594 Stetson Highlands Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $425,000
DOM: 4
Taxes: $2,232/yr
Year Built: 2009
Listed By: The Cutting Edge
List Price $425,000
Est. Monthly Cost* $3,263.54
Under Contract
Price Drop - $20,000 off
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MLS #: 5019262 More Details →
7730 Condessa Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $445,000 $425,000
DOM: 214
Taxes: $2,129/yr
Year Built: 2005
Listed By: Shorewood Real Estate SOCO
List Price $425,000
Est. Monthly Cost* $3,254.99
Price Drop - $6,000 off
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MLS #: 9050875 More Details →
6201 Scottsbluff Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 1.0
List Price: $435,000 $429,000
DOM: 20
Taxes: $1,667/yr
Year Built: 2004
Listed By: LIV Sotheby's International Realty CO Springs
List Price $429,000
Est. Monthly Cost* $3,243.04
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MLS #: 6586698 More Details →
7027 Big Timber Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $429,000
DOM: 19
Taxes: $1,543/yr
Year Built: 1999
Listed By: Peak Real Estate Connection LLC
List Price $429,000
Est. Monthly Cost* $3,232.72
Price Drop - $20,000 off
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MLS #: 2121393 More Details →
7866 Piton Point, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $449,500 $429,500
DOM: 33
Taxes: $2,528/yr
Year Built: 2024
Listed By: RE/MAX Real Estate Group LLC
List Price $429,500
Est. Monthly Cost* $3,318.15
Price Drop - $5,005 off
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MLS #: 6299142 More Details →
6633 Harvey Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 2.0
List Price: $435,000 $429,995
DOM: 75
Taxes: $1,584/yr
Year Built: 2004
Listed By: NAV Real Estate
List Price $429,995
Est. Monthly Cost* $3,242.79
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MLS #: 9567064 More Details →
6448 Balance Circle, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $430,000
DOM: 11
Taxes: $1,815/yr
Year Built: 2003
Listed By: The Platinum Group
List Price $430,000
Est. Monthly Cost* $3,262.05
Price Drop - $6,500 off
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MLS #: 3063070 More Details →
5781 Brennan Avenue, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/2
Garage: 2.0
List Price: $440,000 $433,500
DOM: 64
Taxes: $2,238/yr
Year Built: 2002
Listed By: HomeSmart
List Price $433,500
Est. Monthly Cost* $3,320.61
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MLS #: 9370169 More Details →
6603 Harvey Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $435,000
DOM: 4
Taxes: $1,748/yr
Year Built: 2005
Listed By: REMAX PROPERTIES
List Price $435,000
Est. Monthly Cost* $3,289.74
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MLS #: 4092771 More Details →
4801 Little London Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/4
Garage: 2.0
List Price: $435,000
DOM: 1
Taxes: $1,670/yr
Year Built: 1999
Listed By: Struska Real Estate
List Price $435,000
Est. Monthly Cost* $3,283.27
Price Drop - $37,500 off
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MLS #: 9896970 More Details →
6558 Petaluma Point, Colorado Springs
Type: Patio Home
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $475,000 $437,500
DOM: 147
Taxes: $2,319/yr
Year Built: 2017
Listed By: The Rawhide Company
List Price $437,500
Est. Monthly Cost* $3,353.92
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MLS #: 6629102 More Details →
6724 Harvey Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 2.0
List Price: $439,900
DOM: 7
Taxes: $1,653/yr
Year Built: 2004
Listed By: Coldwell Banker Realty
List Price $439,900
Est. Monthly Cost* $3,314.40
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MLS #: 9071640 More Details →
5960 Vista Vision Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $440,000
DOM: 0
Taxes: $1,785/yr
Year Built: 2022
Listed By: Compass
List Price $440,000
Est. Monthly Cost* $3,326.10
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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 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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