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 Active
$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
112 results · Page 6 of 8
Price Drop - $71,000 off
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MLS #: 4163779 More Details →
6682 Cornelius Point, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $570,000 $499,000
DOM: 130
Taxes: $5,350/yr
Year Built: 2025
Listed By: Coldwell Banker Realty
List Price $499,000
Est. Monthly Cost* $4,015.69
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MLS #: 8159740 More Details →
6830 Lily Mountain Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $499,990
DOM: 17
Taxes: $1,769/yr
Year Built: 2022
Listed By: Iconic Colorado Properties, LLC
List Price $499,990
Est. Monthly Cost* $3,723.86
Price Drop - $30,000 off
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MLS #: 1355245 More Details →
6060 Whirlwind Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $530,000 $500,000
DOM: 24
Taxes: $1,809/yr
Year Built: 1998
Listed By: Keller Williams Partners
List Price $500,000
Est. Monthly Cost* $3,727.26
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MLS #: 4199395 More Details →
6664 Thistlewood Street, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $505,000
DOM: 10
Taxes: $2,018/yr
Year Built: 2005
Listed By: Keller Williams Clients Choice Realty
List Price $505,000
Est. Monthly Cost* $3,777.98
Price Drop - $34,500 off
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MLS #: 8322056 More Details →
6451 Vickie Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/3
Garage: 2.0
List Price: $539,500 $505,000
DOM: 64
Taxes: $3,354/yr
Year Built: 2014
Listed By: RE/MAX Real Estate Group LLC
List Price $505,000
Est. Monthly Cost* $3,889.28
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MLS #: 3777298 More Details →
6780 Wild Indigo Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $510,000
DOM: 24
Taxes: $1,581/yr
Year Built: 2004
Listed By: West and Main Homes
List Price $510,000
Est. Monthly Cost* $3,774.76
Price Drop - $50,000 off
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MLS #: 1080767 More Details →
5259 Fossil Butte Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/3
Garage: 2.0
List Price: $565,000 $515,000
DOM: 111
Taxes: $1,831/yr
Year Built: 2007
Listed By: The Platinum Group
List Price $515,000
Est. Monthly Cost* $3,828.88
Price Drop - $12,000 off
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MLS #: 8419656 More Details →
6345 Tramore Way, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 3.0
List Price: $529,900 $517,900
DOM: 55
Taxes: $3,313/yr
Year Built: 2017
Listed By: Kendall Roth Sukach
List Price $517,900
Est. Monthly Cost* $3,971.68
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MLS #: 5331613 More Details →
6065 Fescue Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $519,900
DOM: 0
Taxes: $1,872/yr
Year Built: 1998
Listed By: Keller Williams Realty DTC LLC
List Price $519,900
Est. Monthly Cost* $3,864.90
Price Drop - $33,000 off
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MLS #: 7689896 More Details →
6712 Richter Heights, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 3/4
Garage: 2.0
List Price: $558,000 $525,000
DOM: 53
Taxes: $5,250/yr
Year Built: 2026
Listed By: Coldwell Banker Realty
List Price $525,000
Est. Monthly Cost* $4,180.34
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MLS #: 3632207 More Details →
6489 Cool Mountain Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $525,000
DOM: 3
Taxes: $2,075/yr
Year Built: 2003
Listed By: Keller Williams Clients Choice Realty
List Price $525,000
Est. Monthly Cost* $3,915.78
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MLS #: 4284669 More Details →
6485 Whirlwind Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/5
Garage: 3.0
List Price: $530,000
DOM: 0
Taxes: $1,915/yr
Year Built: 1997
Listed By: The Platinum Group
List Price $530,000
Est. Monthly Cost* $3,935.68
Price Drop - $10,000 off
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MLS #: 2048671 More Details →
6055 Bow River Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 6/4
Garage: 2.0
List Price: $549,900 $539,900
DOM: 35
Taxes: $1,836/yr
Year Built: 1997
Listed By: Exp Realty LLC
List Price $539,900
Est. Monthly Cost* $3,994.97
Price Drop - $9,000 off
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MLS #: 9811330 More Details →
6898 Tullamore Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $549,000 $540,000
DOM: 93
Taxes: $2,603/yr
Year Built: 2017
Listed By: Keller Williams Clients Choice Realty
List Price $540,000
Est. Monthly Cost* $4,059.56
Price Drop - $10,000 off
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MLS #: 4486266 More Details →
6973 Wood Lily Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 3.0
List Price: $550,000 $540,000
DOM: 112
Taxes: $1,524/yr
Year Built: 2004
Listed By: Your Choice Real Estate
List Price $540,000
Est. Monthly Cost* $3,969.65
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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 $3,324 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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