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 4 of 10
Price Drop - $25,100 off
6717 Lily Mountain Lane
MLS #: 7024404 More Details →
6717 Lily Mountain Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $450,000 $424,900
DOM: 115
Taxes: $1,839/yr
Year Built: 2022
Listed By: REMAX PROPERTIES
List Price $424,900
Est. Monthly Cost* $3,230.15
Price Drop - $10,000 off
6201 Scottsbluff Drive
MLS #: 9050875 More Details →
6201 Scottsbluff Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 1.0
List Price: $435,000 $425,000
DOM: 37
Taxes: $1,667/yr
Year Built: 2004
Listed By: LIV Sotheby's International Realty CO Springs
List Price $425,000
Est. Monthly Cost* $3,216.43
5168 Austerlitz Drive
MLS #: 4383795 More Details →
5168 Austerlitz Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $425,000
DOM: 2
Taxes: $1,482/yr
Year Built: 1993
Listed By: Best Realty Inc
List Price $425,000
Est. Monthly Cost* $3,201.02
Price Drop - $25,000 off
5664 Mesa Mountain Way
MLS #: 4985148 More Details →
5664 Mesa Mountain Way, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $450,000 $425,000
DOM: 79
Taxes: $1,756/yr
Year Built: 2001
Listed By: LPT Realty LLC
List Price $425,000
Est. Monthly Cost* $3,223.83
Under Contract
Price Drop - $20,000 off
7730 Condessa Drive
MLS #: 5019262 More Details →
7730 Condessa Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $445,000 $425,000
DOM: 214
Taxes: $2,129/yr
Year Built: 2005
Listed By: Shorewood Real Estate SOCO
List Price $425,000
Est. Monthly Cost* $3,254.99
7027 Big Timber Drive
MLS #: 6586698 More Details →
7027 Big Timber Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $429,000
DOM: 19
Taxes: $1,543/yr
Year Built: 1999
Listed By: Peak Real Estate Connection LLC
List Price $429,000
Est. Monthly Cost* $3,232.72
6263 Hartman Drive
MLS #: 7915660 More Details →
6263 Hartman Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $429,000
DOM: 1
Taxes: $1,733/yr
Year Built: 2003
Listed By: Structure Real Estate Group, LLC
List Price $429,000
Est. Monthly Cost* $3,248.56
Price Drop - $20,000 off
7866 Piton Point
MLS #: 2121393 More Details →
7866 Piton Point, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $449,500 $429,500
DOM: 33
Taxes: $2,528/yr
Year Built: 2024
Listed By: RE/MAX Real Estate Group LLC
List Price $429,500
Est. Monthly Cost* $3,318.15
Price Drop - $5,005 off
6633 Harvey Lane
MLS #: 6299142 More Details →
6633 Harvey Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 2.0
List Price: $435,000 $429,995
DOM: 96
Taxes: $1,584/yr
Year Built: 2004
Listed By: NAV Real Estate
List Price $429,995
Est. Monthly Cost* $3,242.79
Price Drop - $5,000 off
6603 Harvey Lane
MLS #: 9370169 More Details →
6603 Harvey Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $435,000 $430,000
DOM: 11
Taxes: $1,748/yr
Year Built: 2005
Listed By: REMAX PROPERTIES
List Price $430,000
Est. Monthly Cost* $3,256.47
Under Contract
6448 Balance Circle
MLS #: 9567064 More Details →
6448 Balance Circle, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $430,000
DOM: 22
Taxes: $1,815/yr
Year Built: 2003
Listed By: The Platinum Group
List Price $430,000
Est. Monthly Cost* $3,262.05
Price Drop - $6,500 off
5781 Brennan Avenue
MLS #: 3063070 More Details →
5781 Brennan Avenue, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/2
Garage: 2.0
List Price: $440,000 $433,500
DOM: 78
Taxes: $2,238/yr
Year Built: 2002
Listed By: HomeSmart
List Price $433,500
Est. Monthly Cost* $3,320.61
Price Drop - $5,000 off
6724 Harvey Lane
MLS #: 6629102 More Details →
6724 Harvey Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 2.0
List Price: $439,900 $434,900
DOM: 26
Taxes: $1,653/yr
Year Built: 2004
Listed By: Coldwell Banker Realty
List Price $434,900
Est. Monthly Cost* $3,281.13
Price Drop - $55,000 off
6762 Wild Indigo Drive
MLS #: 5025463 More Details →
6762 Wild Indigo Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $490,000 $435,000
DOM: 62
Taxes: $1,894/yr
Year Built: 2005
Listed By: Pink Realty Inc
List Price $435,000
Est. Monthly Cost* $3,301.86
4801 Little London Drive
MLS #: 4092771 More Details →
4801 Little London Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/4
Garage: 2.0
List Price: $435,000
DOM: 15
Taxes: $1,670/yr
Year Built: 1999
Listed By: Struska Real Estate
List Price $435,000
Est. Monthly Cost* $3,283.27
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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 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.

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