Is 80923 a buyer or seller market?
Right now, 80923 (Stetson Hills & Meridian Ranch) is a balanced market.
65%
of listings sell (vs expire)
95.5%
sold vs original list
49.6%
got a seller concession
Based on 30 closed and 16 failed listings, trailing 90 days. Full demand and concessions data.

How 80923 holds value

Compare all zips →
4.35%
of homes sold last year (turnover)
-2.1%
1-year appreciation
+8.3%
5-year appreciation
about 1.6%/yr
-5.1
points vs market (5yr)
+81.2%
10-year appreciation
about 6.1%/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

99 + 37 Active + Under Contract
$499,785 Avg List Price
59 Avg Days on Market
$264,900 Lowest Price
$3,000,000 Highest Price

Closed Sales - Last 30 Days

30 Sold
$451,413 Avg Close Price
93.7% Avg Close-to-Original List
95.5% Median Close-to-Original List

Market Comparison

$449,900 Area Median Price
5.3% below regional median vs Regional Median ($475,000)

Month-over-Month Trends

↑ +1.1% Avg List Price
↓ -3.8 Avg DOM
+0.1% 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 (4.0%)
$300K - $450K
46 (46.5%)
$450K - $600K
35 (35.4%)
$600K+
14 (14.1%)

Property Types

Single Family
80 (80.8%)
Townhouse
14 (14.1%)
Condo
5 (5.1%)

Bedrooms

13
2 bd
43
3 bd
29
4 bd
13
5 bd
1
6+ bd
136 results · Page 6 of 10
Price Drop - $26,900 off
4912 Chariot Drive
MLS #: 6873532 More Details →
4912 Chariot Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 2.0
List Price: $498,900 $472,000
DOM: 52
Taxes: $1,773/yr
Year Built: 2000
Listed By: HomeSmart
List Price $472,000
Est. Monthly Cost* $3,538.00
Price Drop - $51,000 off
6633 Cornelius Point
MLS #: 2892036 More Details →
6633 Cornelius Point, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $525,000 $474,000
DOM: 81
Taxes: $4,850/yr
Year Built: 2026
Listed By: Coldwell Banker Realty
List Price $474,000
Est. Monthly Cost* $3,807.70
Price Drop - $4,000 off
6323 Galeta Drive
MLS #: 8409203 More Details →
6323 Galeta Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/4
Garage: 2.0
List Price: $479,000 $475,000
DOM: 17
Taxes: $1,837/yr
Year Built: 2002
Listed By: Redfin Corporation
List Price $475,000
Est. Monthly Cost* $3,563.25
Under Contract
Price Drop - $57,900 off
6504 Cool Mountain Drive
MLS #: 5215777 More Details →
6504 Cool Mountain Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 2.0
List Price: $532,900 $475,000
DOM: 49
Taxes: $2,002/yr
Year Built: 2003
Listed By: The Cutting Edge
List Price $475,000
Est. Monthly Cost* $3,577.04
Under Contract
5276 Balsam Street
MLS #: 3007619 More Details →
5276 Balsam Street, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 6/4
Garage: 2.0
List Price: $475,000
DOM: 12
Taxes: $1,841/yr
Year Built: 2000
Listed By: REMAX PROPERTIES
List Price $475,000
Est. Monthly Cost* $3,563.58
6395 La Plata Peak Drive
MLS #: 3539854 More Details →
6395 La Plata Peak Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 2.0
List Price: $484,900
DOM: 10
Taxes: $1,944/yr
Year Built: 2001
Listed By: Park Avenue Properties of Colorado Springs, LLC
List Price $484,900
Est. Monthly Cost* $3,638.05
Under Contract
Price Drop - $54,500 off
6451 Vickie Lane
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 $485,000
DOM: 86
Taxes: $3,354/yr
Year Built: 2014
Listed By: RE/MAX Real Estate Group LLC
List Price $485,000
Est. Monthly Cost* $3,756.22
Price Drop - $11,000 off
6365 Bodacious Circle
MLS #: 7203998 More Details →
6365 Bodacious Circle, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $499,900 $488,900
DOM: 92
Taxes: $1,298/yr
Year Built: 2022
Listed By: REMAX PROPERTIES
List Price $488,900
Est. Monthly Cost* $3,610.86
5591 Butterfield Drive
MLS #: 7883655 More Details →
5591 Butterfield Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $489,000
DOM: 2
Taxes: $1,785/yr
Year Built: 2001
Listed By: RE/MAX Real Estate Group LLC
List Price $489,000
Est. Monthly Cost* $3,652.09
★ Assumable loan advertised — could run well below today's rate
6348 La Plata Peak Drive
MLS #: 9568483 More Details →
6348 La Plata Peak Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 2.0
List Price: $489,900
DOM: 14
Taxes: $1,887/yr
Year Built: 2000
Listed By: Real Broker, LLC DBA Real
List Price $489,900
Est. Monthly Cost* $3,666.54
Under Contract
Price Drop - $45,100 off
6951 Prairie Wind Drive
MLS #: 6374559 More Details →
6951 Prairie Wind Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $535,000 $489,900
DOM: 97
Taxes: $1,729/yr
Year Built: 2002
Listed By: LISTINGS.COM
List Price $489,900
Est. Monthly Cost* $3,653.40
Price Drop - $15,000 off
6780 Wild Indigo Drive
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 $495,000
DOM: 41
Taxes: $1,581/yr
Year Built: 2004
Listed By: West and Main Homes
List Price $495,000
Est. Monthly Cost* $3,674.96
Under Contract
5970 Fescue Drive
MLS #: 8346085 More Details →
5970 Fescue Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/3
Garage: 2.0
List Price: $499,000
DOM: 28
Taxes: $1,558/yr
Year Built: 1997
Listed By: Real Broker, LLC DBA Real
List Price $499,000
Est. Monthly Cost* $3,699.72
Price Drop - $20,000 off
6065 Fescue Drive
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 $499,900
DOM: 40
Taxes: $1,872/yr
Year Built: 1998
Listed By: Keller Williams Realty DTC LLC
List Price $499,900
Est. Monthly Cost* $3,731.83
Under Contract
Price Drop - $5,100 off
6664 Thistlewood Street
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 $499,900
DOM: 29
Taxes: $2,018/yr
Year Built: 2005
Listed By: Keller Williams Clients Choice Realty
List Price $499,900
Est. Monthly Cost* $3,744.05
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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 99 active residential listings ranging from $264,900 to $3,000,000, with an average list price of $499,785. Homes in this area average 59 days on market. In the last 30 days, 30 homes sold in 80923 at an average close price of $451,413, with buyers paying an average of 93.7% 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: Academy-20, 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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