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 →
4.41%
of homes sold last year (turnover)
-1.7%
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 5 of 10
Price Drop - $37,500 off
6558 Petaluma Point
MLS #: 9896970 More Details →
6558 Petaluma Point, Colorado Springs
Type: Patio Home
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $475,000 $437,500
DOM: 147
Taxes: $2,319/yr
Year Built: 2017
Listed By: The Rawhide Company
List Price $437,500
Est. Monthly Cost* $3,353.92
Price Drop - $11,050 off
6347 Alibi Circle
MLS #: 1979275 More Details →
6347 Alibi Circle, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $450,000 $438,950
DOM: 63
Taxes: $1,871/yr
Year Built: 2004
Listed By: Exp Realty LLC
List Price $438,950
Est. Monthly Cost* $3,326.22
Price Drop - $8,000 off
5370 Balsam Street
MLS #: 9584027 More Details →
5370 Balsam Street, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/4
Garage: 2.0
List Price: $447,000 $439,000
DOM: 76
Taxes: $1,406/yr
Year Built: 2000
Listed By: REMAX PROPERTIES
List Price $439,000
Est. Monthly Cost* $3,287.87
Price Drop - $10,000 off
5631 Vermillion Bluffs Drive
MLS #: 4753684 More Details →
5631 Vermillion Bluffs Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $449,000 $439,000
DOM: 35
Taxes: $1,775/yr
Year Built: 2002
Listed By: Keller Williams Partners
List Price $439,000
Est. Monthly Cost* $3,318.59
5960 Vista Vision Drive
MLS #: 9071640 More Details →
5960 Vista Vision Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $440,000
DOM: 20
Taxes: $1,785/yr
Year Built: 2022
Listed By: Compass
List Price $440,000
Est. Monthly Cost* $3,326.10
Price Drop - $10,000 off
5315 Paradox Drive
MLS #: 9306805 More Details →
5315 Paradox Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $450,000 $440,000
DOM: 119
Taxes: $1,660/yr
Year Built: 1993
Listed By: The Cutting Edge
List Price $440,000
Est. Monthly Cost* $3,315.65
4808 Bridle Pass Drive
MLS #: 6553161 More Details →
4808 Bridle Pass Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $442,500
DOM: 1
Taxes: $1,470/yr
Year Built: 1999
Listed By: Real Broker, LLC DBA Real
List Price $442,500
Est. Monthly Cost* $3,316.46
Price Drop - $4,900 off
6065 Fossil Drive
MLS #: 4578187 More Details →
6065 Fossil Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $449,900 $445,000
DOM: 45
Taxes: $2,025/yr
Year Built: 1997
Listed By: Exp Realty LLC
List Price $445,000
Est. Monthly Cost* $3,379.35
Price Drop - $10,000 off
5230 Pine Haven Drive
MLS #: 5147600 More Details →
5230 Pine Haven Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $455,000 $445,000
DOM: 66
Taxes: $1,513/yr
Year Built: 1998
Listed By: Teegardin Realty and Investment Company
List Price $445,000
Est. Monthly Cost* $3,336.68
Price Drop - $24,900 off
6685 Bear Tooth Drive
MLS #: 5831057 More Details →
6685 Bear Tooth Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $469,900 $445,000
DOM: 64
Taxes: $1,575/yr
Year Built: 1999
Listed By: Coldwell Banker Realty
List Price $445,000
Est. Monthly Cost* $3,341.82
Under Contract
Price Drop - $15,000 off
6279 Grand Mesa Drive
MLS #: 3129819 More Details →
6279 Grand Mesa Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 3.0
List Price: $460,000 $445,000
DOM: 42
Taxes: $1,886/yr
Year Built: 2003
Listed By: Keller Williams Avenues Realty
List Price $445,000
Est. Monthly Cost* $3,367.77
Price Drop - $15,100 off
6631 Dance Hall Lane
MLS #: 1366921 More Details →
6631 Dance Hall Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 2.0
List Price: $465,000 $449,900
DOM: 114
Taxes: $2,820/yr
Year Built: 2015
Listed By: The Gold Medal Team
List Price $449,900
Est. Monthly Cost* $3,478.18
Under Contract
Price Drop - $100,000 off
6888 Conifer Ridge Drive
MLS #: 1963355 More Details →
6888 Conifer Ridge Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 6/3
Garage: 2.0
List Price: $549,900 $449,900
DOM: 83
Taxes: $2,176/yr
Year Built: 2005
Listed By: The Cutting Edge
List Price $449,900
Est. Monthly Cost* $3,424.56
Price Drop - $25,000 off
5372 Luster Drive
MLS #: 9212678 More Details →
5372 Luster Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $475,000 $450,000
DOM: 29
Taxes: $1,569/yr
Year Built: 2002
Listed By: REMAX PROPERTIES
List Price $450,000
Est. Monthly Cost* $3,374.58
Price Drop - $25,000 off
6544 Cabana Circle
MLS #: 2429819 More Details →
6544 Cabana Circle, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 3.0
List Price: $475,000 $450,000
DOM: 24
Taxes: $1,982/yr
Year Built: 2005
Listed By: Exp Realty LLC
List Price $450,000
Est. Monthly Cost* $3,409.01
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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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