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Is 80924 a buyer or seller market?

Right now, 80924 (Meridian Ranch & Falcon Highlands) is a balanced market.

56%
of listings sell (vs expire)

99.0%
sold vs original list

35.3%
got a seller concession

Based on 27 closed and 21 failed listings, trailing 90 days. Full demand and concessions data.

How 80924 holds value

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6.63%

of homes sold last year (turnover)

-2.1%

1-year appreciation

+18.1%

5-year appreciation
about 3.4%/yr

+4.7

points vs market (5yr)

+69.5%

10-year appreciation
about 5.4%/yr

2006 · $393,602 shaded: 2020 to 2022 surge 2026 · $669,900

Turnover = homes sold in the last 12 months vs the count of homes in 80924 (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 80924 - Meridian Ranch & Falcon Highlands

175 + 36 Active + Under Contract

$677,124 Avg List Price

84 Avg Days on Market

$339,900 Lowest Price

$1,349,000 Highest Price

Closed Sales - Last 30 Days

27 Sold

$571,070 Avg Close Price

96.7% Avg Close-to-Original List

99.0% Median Close-to-Original List

Market Comparison

$675,000 Area Median Price

42.1% above regional median vs Regional Median ($475,000)

Month-over-Month Trends

↑ +2.0% Avg List Price

↑ +13.2 Avg DOM

↑ +0.7% CPOLP

Showing active residential listings in zip code 80924. Updated every 15 minutes from the elevateMLS.

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Market Breakdown

Price Distribution

Under $300K

0 (0.0%)

$300K - $450K

15 (8.6%)

$450K - $600K

46 (26.3%)

$600K+

114 (65.1%)

Property Types

Single Family

167 (95.4%)

Townhouse

7 (4.0%)

Patio Home

1 (0.6%)

Bedrooms

2 bd

3 bd

4 bd

5 bd

6+ bd

211 results · Page 4 of 15

Price: Low-High Price: High-Low

Price Drop - $39,999 off

MLS #: 4934632 More Details →

5297 Makalu Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/3

Garage: 2.0

List Price: $579,999 $540,000

DOM: 126

Taxes: $4,225/yr

Year Built: 2021

Listed By: The Cutting Edge

List Price $540,000

Est. Monthly Cost* $4,194.72

★ Assumable loan near 2.75%: about $2,807/mo at that rate (illustrative, verify the balance with the lender)

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MLS #: 1016528 More Details →

6674 Knapp Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/4

Garage: 2.0

List Price: $543,769

DOM: 43

Taxes: $0/yr

Year Built: 2026

Listed By: House Hunters, LLC

List Price $543,769

Est. Monthly Cost* $3,867.71

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MLS #: 6862585 More Details →

10387 Rockery Street, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/3

Garage: 2.0

List Price: $544,560

DOM: 102

Taxes: $74/yr

Year Built: 2026

Listed By: Charles Roter

List Price $544,560

Est. Monthly Cost* $3,879.11

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Price Drop - $30,000 off

MLS #: 7730092 More Details →

10210 Elgon Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/3

Garage: 2.0

List Price: $579,900 $549,900

DOM: 69

Taxes: $4,736/yr

Year Built: 2021

Listed By: Keller Williams Clients Choice Realty

List Price $549,900

Est. Monthly Cost* $4,303.21

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MLS #: 2727269 More Details →

6899 Knapp Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/3

Garage: 2.0

List Price: $550,000

DOM: 31

Taxes: $2,531/yr

Year Built: 2025

Listed By: Classic Residential Services

List Price $550,000

Est. Monthly Cost* $4,120.08

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MLS #: 9605423 More Details →

8403 Winding Passage Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/3

Garage: 3.0

List Price: $550,000

DOM: 16

Taxes: $3,323/yr

Year Built: 2005

Listed By: HomeSmart

List Price $550,000

Est. Monthly Cost* $4,186.08

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MLS #: 5610569 More Details →

6341 Bingo Grove, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/3

Garage: 2.0

List Price: $551,323

DOM: 3

Taxes: $1,349/yr

Year Built: 2026

Listed By: House Hunters, LLC

List Price $551,323

Est. Monthly Cost* $4,030.39

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Price Drop - $9,893 off

MLS #: 8586123 More Details →

6954 Knapp Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/3

Garage: 2.0

List Price: $568,893 $559,000

DOM: 20

Taxes: $2,731/yr

Year Built: 2025

Listed By: Classic Residential Services

List Price $559,000

Est. Monthly Cost* $4,196.62

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MLS #: 4154774 More Details →

10364 Rockery Street, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/3

Garage: 2.0

List Price: $559,500

DOM: 66

Taxes: $74/yr

Year Built: 2026

Listed By: Charles Roter

List Price $559,500

Est. Monthly Cost* $3,978.51

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Price Drop - $30,000 off

MLS #: 3812868 More Details →

9574 Roxborough Park Court, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/3

Garage: 2.0

List Price: $589,900 $559,900

DOM: 53

Taxes: $2,612/yr

Year Built: 2006

Listed By: Costa Colorado Realty LLC

List Price $559,900

Est. Monthly Cost* $4,192.70

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Price Drop - $25,100 off

MLS #: 5989233 More Details →

6137 Cumbre Vista Way, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/3

Garage: 2.0

List Price: $595,000 $569,900

DOM: 119

Taxes: $3,446/yr

Year Built: 2006

Listed By: Harris Group Realty Inc

List Price $569,900

Est. Monthly Cost* $4,328.75

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Price Drop - $55,000 off

MLS #: 6779017 More Details →

9855 Awaken Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/3

Garage: 2.0

List Price: $625,000 $570,000

DOM: 97

Taxes: $4,548/yr

Year Built: 2017

Listed By: The Platinum Group

List Price $570,000

Est. Monthly Cost* $4,421.26

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Price Drop - $25,950 off

MLS #: 8192273 More Details →

10315 Sundial Shadow Drive, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/3

Garage: 2.0

List Price: $598,800 $572,850

DOM: 146

Taxes: $74/yr

Year Built: 2026

Listed By: Charles Roter

List Price $572,850

Est. Monthly Cost* $4,067.33

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MLS #: 5053453 More Details →

9774 Allouche Street, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 3/2

Garage: 3.0

List Price: $574,990

DOM: 0

Taxes: $1/yr

Year Built: 2026

Listed By: New Home Star LLC

List Price $574,990

Est. Monthly Cost* $4,075.51

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MLS #: 9374092 More Details →

9420 Roseate View, Colorado Springs

Type: Single Family

Zip: 80924

Beds/Baths: 4/3

Garage: 3.0

List Price: $575,000

DOM: 11

Taxes: $2,504/yr

Year Built: 2026

Listed By: Walston Group Real Estate, Inc

List Price $575,000

Est. Monthly Cost* $4,284.16

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About 80924 - Meridian Ranch & Falcon Highlands

Meridian Ranch and Falcon Highlands — the northeastern growth frontier where Colorado Springs meets Falcon. Master-planned communities with newer construction, trails, parks, and D49 schools. Popular with military families stationed at Peterson and Schriever. One of the highest-volume new construction zones in the region.

Zip code 80924 in Colorado Springs currently has 175 active residential listings ranging from $339,900 to $1,349,000, with an average list price of $677,124. Homes in this area average 84 days on market. In the last 30 days, 27 homes sold in 80924 at an average close price of $571,070, with buyers paying an average of 96.7% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $3,726 to $5,210 including taxes and insurance.

Nearby Zip Codes

80923 - Stetson Hills & Meridian Ranch 80831 - Falcon & Woodmen Hills 80922 - Banning Lewis Ranch & Stetson Hills

School districts serving 80924: Academy-20

Looking for a home in 80924? 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.

How 80924 holds value

Homes for Sale in 80924 - Meridian Ranch & Falcon Highlands

Market Breakdown

About 80924 - Meridian Ranch & Falcon Highlands

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