Is 80923 a buyer or seller market?
Right now, 80923 (Stetson Hills & Meridian Ranch) is a balanced market.
56%
of listings sell (vs expire)
96.9%
sold vs original list
54.0%
got a seller concession
Based on 29 closed and 23 failed listings, trailing 90 days. Full demand and concessions data.

How 80923 holds value

Compare all zips →
4.44%
of homes sold last year (turnover)
-1.6%
1-year appreciation
+9.9%
5-year appreciation
about 1.9%/yr
-3.5
points vs market (5yr)
+82.8%
10-year appreciation
about 6.2%/yr
2006 · $229,900 shaded: 2020 to 2022 surge 2026 · $465,000
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

111 + 35 Active + Under Contract
$495,572 Avg List Price
54 Avg Days on Market
$264,900 Lowest Price
$3,000,000 Highest Price

Closed Sales - Last 30 Days

29 Sold
$464,519 Avg Close Price
95.7% Avg Close-to-Original List
96.9% Median Close-to-Original List

Market Comparison

$445,000 Area Median Price
6.3% 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
54 (48.6%)
$450K - $600K
40 (36.0%)
$600K+
13 (11.7%)

Property Types

Single Family
91 (82.0%)
Townhouse
14 (12.6%)
Condo
5 (4.5%)
Patio Home
1 (0.9%)

Bedrooms

13
2 bd
52
3 bd
32
4 bd
12
5 bd
2
6+ bd
146 results · Page 2 of 10
Under Contract
Price Drop - $36,600 off
6620 Oakwood Boulevard
MLS #: 4199301 More Details →
6620 Oakwood Boulevard, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 2.0
List Price: $386,500 $349,900
DOM: 49
Taxes: $1,470/yr
Year Built: 1999
Listed By: The Cutting Edge
List Price $349,900
Est. Monthly Cost* $2,700.36
4895 Wells Branch Heights
MLS #: 9914844 More Details →
4895 Wells Branch Heights, Colorado Springs
Type: Condo
Zip: 80923
Beds/Baths: 3/2
Garage: 1.0
List Price: $350,000
DOM: 30
Taxes: $1,279/yr
Year Built: 2014
Listed By: Exp Realty LLC
List Price $350,000
Est. Monthly Cost* $2,685.12
Under Contract
6585 Sonny Blue Drive
MLS #: 7502373 More Details →
6585 Sonny Blue Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $350,000
DOM: 6
Taxes: $1,693/yr
Year Built: 2003
Listed By: Keller Williams Realty DTC LLC
List Price $350,000
Est. Monthly Cost* $2,719.68
Price Drop - $13,000 off
6634 Akerman Drive
MLS #: 7601602 More Details →
6634 Akerman Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 2/2
Garage: 1.0
List Price: $368,000 $355,000
DOM: 75
Taxes: $1,488/yr
Year Built: 2002
Listed By: Porch & Willow LLC
List Price $355,000
Est. Monthly Cost* $2,735.86
Price Drop - $25,100 off
5794 Cassina Drive
MLS #: 2832697 More Details →
5794 Cassina Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 2/3
Garage: 2.0
List Price: $390,000 $364,900
DOM: 42
Taxes: $1,998/yr
Year Built: 2007
Listed By: Black Crown Real Estate
List Price $364,900
Est. Monthly Cost* $2,844.18
Price Drop - $2,000 off
6148 Scottsbluff Drive
MLS #: 3664543 More Details →
6148 Scottsbluff Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 2/2
Garage: 1.0
List Price: $368,000 $366,000
DOM: 22
Taxes: $1,522/yr
Year Built: 2002
Listed By: Opendoor Brokerage LLC
List Price $366,000
Est. Monthly Cost* $2,811.85
Price Drop - $10,000 off
5079 Stillwater Drive
MLS #: 9426107 More Details →
5079 Stillwater Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/1
Garage: 2.0
List Price: $379,900 $369,900
DOM: 13
Taxes: $1,400/yr
Year Built: 1992
Listed By: The Cutting Edge
List Price $369,900
Est. Monthly Cost* $2,827.62
Price Drop - $5,000 off
6305 Rockville Drive
MLS #: 8873826 More Details →
6305 Rockville Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 1.0
List Price: $379,000 $374,000
DOM: 15
Taxes: $1,432/yr
Year Built: 2002
Listed By: Keller Williams Clients Choice Realty
List Price $374,000
Est. Monthly Cost* $2,857.58
Price Drop - $30,100 off
6668 Dark Oak View
MLS #: 9332530 More Details →
6668 Dark Oak View, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $405,000 $374,900
DOM: 133
Taxes: $1,208/yr
Year Built: 2014
Listed By: The Roy Group, Inc
List Price $374,900
Est. Monthly Cost* $2,844.85
5903 Bow River Drive
MLS #: 1761444 More Details →
5903 Bow River Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 2/2
Garage: 2.0
List Price: $375,000
DOM: 0
Taxes: $1,343/yr
Year Built: 1996
Listed By: VARA: The Real Estate Collective
List Price $375,000
Est. Monthly Cost* $2,856.84
Under Contract
6153 Miramont Street
MLS #: 5709355 More Details →
6153 Miramont Street, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 1.0
List Price: $375,000
DOM: 16
Taxes: $1,565/yr
Year Built: 2001
Listed By: RE/MAX Real Estate Group LLC
List Price $375,000
Est. Monthly Cost* $2,875.31
6633 Cache Drive
MLS #: 6387570 More Details →
6633 Cache Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 2/2
Garage: 1.0
List Price: $379,000
DOM: 10
Taxes: $1,526/yr
Year Built: 2000
Listed By: Mountain Peak Realty LLC
List Price $379,000
Est. Monthly Cost* $2,898.69
Price Drop - $24,100 off
7874 Fedora Lane
MLS #: 4453992 More Details →
7874 Fedora Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $404,000 $379,900
DOM: 151
Taxes: $2,012/yr
Year Built: 2005
Listed By: Peak Real Estate Connection LLC
List Price $379,900
Est. Monthly Cost* $2,945.16
Under Contract
5832 Tradewind Point
MLS #: 4157984 More Details →
5832 Tradewind Point, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $385,000
DOM: 34
Taxes: $1,486/yr
Year Built: 1999
Listed By: HomeSmart
List Price $385,000
Est. Monthly Cost* $2,935.25
6872 Lily Mountain Lane
MLS #: 2806194 More Details →
6872 Lily Mountain Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 2/2
Garage: 2.0
List Price: $390,000
DOM: 5
Taxes: $1,648/yr
Year Built: 2022
Listed By: Summit Ridge Group LLC
List Price $390,000
Est. Monthly Cost* $2,981.99
Prev 1 2 3 4 ... 10 Next

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 111 active residential listings ranging from $264,900 to $3,000,000, with an average list price of $495,572. Homes in this area average 54 days on market. In the last 30 days, 29 homes sold in 80923 at an average close price of $464,519, with buyers paying an average of 95.7% 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.

Send Rob a Message

Get Listing Alerts

Get daily email alerts when new homes matching your criteria hit the market.

Save Your Favorites

Create a free account to save listings and get notified when new homes match your criteria.

No spam, just houses.

By registering, you consent to receive listing alerts from Rob Thompson, Realtor. You can unsubscribe at any time.

Get a Personalized Insurance Quote

Get an accurate homeowner's insurance estimate from Patrick Murakami at Main Street Insurance - no obligation.

Contact a Lender

Get connected with a trusted local lender for pre-approval, rate quotes, or financing questions - no obligation.