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 8 of 10
5544 Spoked Wheel Drive
MLS #: 2889375 More Details →
5544 Spoked Wheel Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $525,000
DOM: 3
Taxes: $1,891/yr
Year Built: 2002
Listed By: The Cutting Edge
List Price $525,000
Est. Monthly Cost* $3,900.43
Price Drop - $100,000 off
6816 Prairie Wind Drive
MLS #: 9507625 More Details →
6816 Prairie Wind Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $625,000 $525,000
DOM: 24
Taxes: $2,125/yr
Year Built: 2002
Listed By: LIV Sotheby's International Realty CO Springs
List Price $525,000
Est. Monthly Cost* $3,919.92
6489 Cool Mountain Drive
MLS #: 3632207 More Details →
6489 Cool Mountain Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $525,000
DOM: 10
Taxes: $2,075/yr
Year Built: 2003
Listed By: Keller Williams Clients Choice Realty
List Price $525,000
Est. Monthly Cost* $3,915.78
Price Drop - $33,000 off
6712 Richter Heights
MLS #: 7689896 More Details →
6712 Richter Heights, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 3/4
Garage: 2.0
List Price: $558,000 $525,000
DOM: 72
Taxes: $5,250/yr
Year Built: 2026
Listed By: Coldwell Banker Realty
List Price $525,000
Est. Monthly Cost* $4,180.34
6206 Whirlwind Drive
MLS #: 8772192 More Details →
6206 Whirlwind Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 3.0
List Price: $527,000
DOM: 2
Taxes: $1,797/yr
Year Built: 1997
Listed By: Exp Realty LLC
List Price $527,000
Est. Monthly Cost* $3,905.89
Price Drop - $19,000 off
6798 Sandyford Lane
MLS #: 9872640 More Details →
6798 Sandyford Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 3.0
List Price: $549,000 $530,000
DOM: 8
Taxes: $3,350/yr
Year Built: 2012
Listed By: Ebmeyer Real Estate Group
List Price $530,000
Est. Monthly Cost* $4,055.24
Under Contract
6485 Whirlwind Drive
MLS #: 4284669 More Details →
6485 Whirlwind Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/5
Garage: 3.0
List Price: $530,000
DOM: 5
Taxes: $1,915/yr
Year Built: 1997
Listed By: The Platinum Group
List Price $530,000
Est. Monthly Cost* $3,935.68
Price Drop - $14,000 off
6898 Tullamore Drive
MLS #: 9811330 More Details →
6898 Tullamore Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $549,000 $535,000
DOM: 113
Taxes: $2,603/yr
Year Built: 2017
Listed By: Keller Williams Clients Choice Realty
List Price $535,000
Est. Monthly Cost* $4,026.29
4722 Little London Drive
MLS #: 2774175 More Details →
4722 Little London Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $539,000
DOM: 0
Taxes: $1,510/yr
Year Built: 2001
Listed By: Action Team Realty
List Price $539,000
Est. Monthly Cost* $3,961.81
Price Drop - $10,000 off
6055 Bow River Drive
MLS #: 2048671 More Details →
6055 Bow River Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 6/4
Garage: 2.0
List Price: $549,900 $539,900
DOM: 67
Taxes: $1,836/yr
Year Built: 1997
Listed By: Exp Realty LLC
List Price $539,900
Est. Monthly Cost* $3,994.97
6642 Cabana Circle
MLS #: 7709546 More Details →
6642 Cabana Circle, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 3.0
List Price: $540,000
DOM: 1
Taxes: $1,507/yr
Year Built: 2004
Listed By: Sellstate Altitude Realty
List Price $540,000
Est. Monthly Cost* $3,968.22
Price Drop - $10,000 off
6973 Wood Lily Drive
MLS #: 4486266 More Details →
6973 Wood Lily Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 3.0
List Price: $550,000 $540,000
DOM: 112
Taxes: $1,524/yr
Year Built: 2004
Listed By: Your Choice Real Estate
List Price $540,000
Est. Monthly Cost* $3,969.65
6603 Cornelius Point
MLS #: 1785320 More Details →
6603 Cornelius Point, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $545,000
DOM: 1
Taxes: $5,450/yr
Year Built: 2026
Listed By: Coldwell Banker Realty
List Price $545,000
Est. Monthly Cost* $4,330.07
7335 Cotton Drive
MLS #: 9461132 More Details →
7335 Cotton Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $555,000
DOM: 6
Taxes: $2,291/yr
Year Built: 1996
Listed By: Walker Asset Management Realty Inc
List Price $555,000
Est. Monthly Cost* $4,133.35
Price Drop - $81,000 off
6755 Gold Drop Drive
MLS #: 4234452 More Details →
6755 Gold Drop Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 3.0
List Price: $640,000 $559,000
DOM: 175
Taxes: $3,272/yr
Year Built: 2015
Listed By: Homes R us Colorado LLLP
List Price $559,000
Est. Monthly Cost* $4,241.67
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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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