Is 80132 a buyer or seller market?
Right now, 80132 (Monument & Palmer Lake) is a buyer's market.
52%
of listings sell (vs expire)
94.6%
sold vs original list
44.9%
got a seller concession
Based on 34 closed and 31 failed listings, trailing 90 days. Full demand and concessions data.

How 80132 holds value

Compare all zips →
5.71%
of homes sold last year (turnover)
-0.9%
1-year appreciation
+18.4%
5-year appreciation
about 3.4%/yr
+5.0
points vs market (5yr)
+81.8%
10-year appreciation
about 6.2%/yr
2006 · $376,118 shaded: 2020 to 2022 surge 2026 · $749,950
Turnover = homes sold in the last 12 months vs the count of homes in 80132 (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 80132 - Monument & Palmer Lake

238 + 45 Active + Under Contract
$821,845 Avg List Price
92 Avg Days on Market
$250,000 Lowest Price
$2,900,000 Highest Price

Closed Sales - Last 30 Days

34 Sold
$794,372 Avg Close Price
93.3% Avg Close-to-Original List
94.6% Median Close-to-Original List

Market Comparison

$760,000 Area Median Price
60.0% above regional median vs Regional Median ($475,000)

Month-over-Month Trends

↓ -1.4% Avg List Price
↑ +7.1 Avg DOM
↓ -1.1% CPOLP

Showing active residential listings in zip code 80132. Updated every 15 minutes from the elevateMLS.

Get Alerts for 80132

Market Breakdown

Price Distribution

Under $300K
2 (0.8%)
$300K - $450K
27 (11.3%)
$450K - $600K
30 (12.6%)
$600K+
179 (75.2%)

Property Types

Single Family
211 (88.7%)
Townhouse
23 (9.7%)
Patio Home
2 (0.8%)
Condo
2 (0.8%)

Bedrooms

12
2 bd
37
3 bd
100
4 bd
73
5 bd
16
6+ bd
283 results · Page 15 of 19
Price Drop - $80,070 off
1109 White Clover Drive
MLS #: 4974251 More Details →
1109 White Clover Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 6/4
Garage: 3.0
List Price: $999,539 $919,469
DOM: 170
Taxes: $3,271/yr
Year Built: 2026
Listed By: House Hunters, LLC
List Price $919,469
Est. Monthly Cost* $6,639.85
648 Old Grotto Drive
MLS #: 7923507 More Details →
648 Old Grotto Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 6/4
Garage: 3.0
List Price: $920,000
DOM: 44
Taxes: $8,900/yr
Year Built: 2026
Listed By: Coldwell Banker Realty
List Price $920,000
Est. Monthly Cost* $7,112.45
Price Drop - $70,100 off
1765 Summerglow Lane
MLS #: 1588732 More Details →
1765 Summerglow Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 3.0
List Price: $995,000 $924,900
DOM: 193
Taxes: $5,243/yr
Year Built: 2017
Listed By: Engel & Voelkers Pikes Peak
List Price $924,900
Est. Monthly Cost* $6,840.26
Under Contract
568 Old Grotto Drive
MLS #: 4049904 More Details →
568 Old Grotto Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 3.0
List Price: $924,900
DOM: 56
Taxes: $6,474/yr
Year Built: 2026
Listed By: RE/MAX Professionals
List Price $924,900
Est. Monthly Cost* $6,942.88
Price Drop - $22,050 off
457 Grand Summit Drive
MLS #: 3135067 More Details →
457 Grand Summit Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 4.0
List Price: $947,040 $924,990
DOM: 43
Taxes: $3,036/yr
Year Built: 2025
Listed By: Keller Williams Action Realty, LLC
List Price $924,990
Est. Monthly Cost* $6,657.01
Price Drop - $25,000 off
2941 Lakefront Drive
MLS #: 2203503 More Details →
2941 Lakefront Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 6/4
Garage: 3.0
List Price: $950,000 $925,000
DOM: 42
Taxes: $6,462/yr
Year Built: 2017
Listed By: The Platinum Group
List Price $925,000
Est. Monthly Cost* $6,942.56
19795 Top O The Moor Drive
MLS #: 2420687 More Details →
19795 Top O The Moor Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/5
Garage: 3.0
List Price: $925,000
DOM: 1
Taxes: $4,400/yr
Year Built: 1979
Listed By: Mercie Real Estate
List Price $925,000
Est. Monthly Cost* $6,770.71
Price Drop - $70,000 off
164 Metcalf Lane
MLS #: 6728713 More Details →
164 Metcalf Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 6/5
Garage: 3.0
List Price: $995,000 $925,000
DOM: 127
Taxes: $4,101/yr
Year Built: 2002
Listed By: Opendoor Brokerage LLC
List Price $925,000
Est. Monthly Cost* $6,745.84
Under Contract
350 Hardstone Drive
MLS #: 2167378 More Details →
350 Hardstone Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 4.0
List Price: $929,134
DOM: 23
Taxes: $3,021/yr
Year Built: 2026
Listed By: Campbell Homes, LLC
List Price $929,134
Est. Monthly Cost* $6,683.30
147 Metcalf Lane
MLS #: 3362358 More Details →
147 Metcalf Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 3.0
List Price: $929,900
DOM: 4
Taxes: $3,798/yr
Year Built: 2000
Listed By: The Platinum Group
List Price $929,900
Est. Monthly Cost* $6,753.15
16789 Timbercrest Drive
MLS #: 4081840 More Details →
16789 Timbercrest Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/5
Garage: 4.0
List Price: $939,900
DOM: 10
Taxes: $6,861/yr
Year Built: 2026
Listed By: RE/MAX Professionals
List Price $939,900
Est. Monthly Cost* $7,074.93
Under Contract
Price Drop - $150,099 off
19845 Kershaw Court
MLS #: 9200384 More Details →
19845 Kershaw Court, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/5
Garage: 4.0
List Price: $1,099,999 $949,900
DOM: 97
Taxes: $5,281/yr
Year Built: 2000
Listed By: PB Signature Group, LLC
List Price $949,900
Est. Monthly Cost* $7,009.79
933 Tree Bark Terrace
MLS #: 5042890 More Details →
933 Tree Bark Terrace, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 3.0
List Price: $950,000
DOM: 0
Taxes: $6,042/yr
Year Built: 2019
Listed By: The Platinum Group
List Price $950,000
Est. Monthly Cost* $7,073.88
Price Drop - $10,100 off
1782 Summerglow Lane
MLS #: 9148215 More Details →
1782 Summerglow Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 3.0
List Price: $985,000 $974,900
DOM: 45
Taxes: $5,691/yr
Year Built: 2017
Listed By: Coldwell Banker 1st Choice Realty
List Price $974,900
Est. Monthly Cost* $7,210.30
17715 Merryhill Court
MLS #: 3287239 More Details →
17715 Merryhill Court, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 5/4
Garage: 3.0
List Price: $975,000
DOM: 0
Taxes: $3,315/yr
Year Built: 1986
Listed By: Exp Realty LLC
List Price $975,000
Est. Monthly Cost* $7,012.92
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About 80132 - Monument & Palmer Lake

Monument and Palmer Lake — just north of Colorado Springs along I-25. Small-town feel with mountain views and Lewis-Palmer D38 schools. Popular with military families and Denver commuters who want to split the difference. New construction in Promontory and Sanctuary Pointe.

Zip code 80132 in Colorado Springs currently has 238 active residential listings ranging from $250,000 to $2,900,000, with an average list price of $821,845. Homes in this area average 92 days on market. In the last 30 days, 34 homes sold in 80132 at an average close price of $794,372, with buyers paying an average of 93.3% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $2,882 to $7,483 including taxes and insurance.

Nearby Zip Codes

80908 - Black Forest & North Gate 80921 - Cordera & Wolf Ranch 80133 - Palmer Lake 80863 - Woodland Park

School districts serving 80132: Lewis-Palmer-38

Looking for a home in 80132? 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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