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 9 of 10
Under Contract
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MLS #: 8890771 More Details →
6025 Fescue Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $540,000
DOM: 23
Taxes: $1,849/yr
Year Built: 1998
Listed By: Redfin Corporation
List Price $540,000
Est. Monthly Cost* $3,996.70
Price Drop - $30,000 off
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MLS #: 4273862 More Details →
6517 Whistle Bay Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $579,900 $549,900
DOM: 126
Taxes: $1,433/yr
Year Built: 1999
Listed By: PAK Home Realty
List Price $549,900
Est. Monthly Cost* $4,027.92
Price Drop - $71,000 off
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MLS #: 4234452 More Details →
6755 Gold Drop Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 3.0
List Price: $640,000 $569,000
DOM: 132
Taxes: $3,272/yr
Year Built: 2015
Listed By: Homes R us Colorado LLLP
List Price $569,000
Est. Monthly Cost* $4,308.20
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MLS #: 2160087 More Details →
6847 Sandyford Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/3
Garage: 3.0
List Price: $569,000
DOM: 3
Taxes: $3,635/yr
Year Built: 2013
Listed By: Jason Mitchell Real Estate Colorado, LLC DBA JMG
List Price $569,000
Est. Monthly Cost* $4,338.51
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MLS #: 6139947 More Details →
4784 Spotted Horse Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $580,000
DOM: 3
Taxes: $1,610/yr
Year Built: 1999
Listed By: MacKenzie-Jackson Real Estate
List Price $580,000
Est. Monthly Cost* $4,242.96
Under Contract
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MLS #: 2739234 More Details →
7516 Amberly Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 2.0
List Price: $585,000
DOM: 10
Taxes: $2,274/yr
Year Built: 2004
Listed By: Worth Clark Realty
List Price $585,000
Est. Monthly Cost* $4,331.56
Price Drop - $15,000 off
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MLS #: 8995541 More Details →
6815 Mustang Rim Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 2.0
List Price: $605,000 $590,000
DOM: 14
Taxes: $3,623/yr
Year Built: 2016
Listed By: Coldwell Banker Realty
List Price $590,000
Est. Monthly Cost* $4,477.17
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MLS #: 1831741 More Details →
6586 Many Moon Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 3.0
List Price: $594,500
DOM: 11
Taxes: $2,312/yr
Year Built: 2000
Listed By: Coldwell Banker Realty
List Price $594,500
Est. Monthly Cost* $4,397.92
Price Drop - $26,000 off
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MLS #: 9507625 More Details →
6816 Prairie Wind Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $625,000 $599,000
DOM: 6
Taxes: $2,125/yr
Year Built: 2002
Listed By: LIV Sotheby's International Realty CO Springs
List Price $599,000
Est. Monthly Cost* $4,412.25
Price Drop - $100,900 off
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MLS #: 5244853 More Details →
7375 Maine Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 4.0
List Price: $699,900 $599,000
DOM: 67
Taxes: $1,399/yr
Year Built: 1926
Listed By: 90 Day Realty
List Price $599,000
Est. Monthly Cost* $4,351.75
Under Contract
Price Drop - $11,000 off
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MLS #: 8906897 More Details →
5040 Spoked Wheel Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 3.0
List Price: $610,000 $599,000
DOM: 20
Taxes: $2,250/yr
Year Built: 2002
Listed By: ERA Shields Real Estate
List Price $599,000
Est. Monthly Cost* $4,422.69
Under Contract
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MLS #: 9149567 More Details →
6718 Granite Peak Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 6/4
Garage: 2.0
List Price: $599,000
DOM: 6
Taxes: $2,031/yr
Year Built: 2000
Listed By: Keller Williams Clients Choice Realty
List Price $599,000
Est. Monthly Cost* $4,404.42
Price Drop - $30,000 off
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MLS #: 5880656 More Details →
7716 Amberly Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/3
Garage: 3.0
List Price: $630,000 $600,000
DOM: 7
Taxes: $1,913/yr
Year Built: 2003
Listed By: Keller Williams Premier Realty
List Price $600,000
Est. Monthly Cost* $4,401.22
Under Contract
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MLS #: 9022907 More Details →
6885 Tullamore Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 3.0
List Price: $600,000
DOM: 56
Taxes: $3,630/yr
Year Built: 2017
Listed By: REMAX PROPERTIES
List Price $600,000
Est. Monthly Cost* $4,544.31
Price Drop - $5,000 off
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MLS #: 3474694 More Details →
6563 Barrel Race Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 2.0
List Price: $610,000 $605,000
DOM: 16
Taxes: $2,345/yr
Year Built: 2001
Listed By: Box State Properties
List Price $605,000
Est. Monthly Cost* $4,470.50
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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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