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 9 of 10
Price Drop - $20,000 off
4784 Spotted Horse Drive
MLS #: 6139947 More Details →
4784 Spotted Horse Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $580,000 $560,000
DOM: 33
Taxes: $1,610/yr
Year Built: 1999
Listed By: MacKenzie-Jackson Real Estate
List Price $560,000
Est. Monthly Cost* $4,109.90
6847 Sandyford Lane
MLS #: 2160087 More Details →
6847 Sandyford Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/3
Garage: 3.0
List Price: $569,000
DOM: 10
Taxes: $3,635/yr
Year Built: 2013
Listed By: Jason Mitchell Real Estate Colorado, LLC DBA JMG
List Price $569,000
Est. Monthly Cost* $4,338.51
6715 Gold Drop Drive
MLS #: 5175679 More Details →
6715 Gold Drop Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 3.0
List Price: $574,900
DOM: 6
Taxes: $3,738/yr
Year Built: 2015
Listed By: ProSales Properties
List Price $574,900
Est. Monthly Cost* $4,386.34
7310 Thorn Brush Way
MLS #: 7263055 More Details →
7310 Thorn Brush Way, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 3.0
List Price: $574,900
DOM: 6
Taxes: $3,225/yr
Year Built: 2016
Listed By: Keller Williams Realty DTC LLC
List Price $574,900
Est. Monthly Cost* $4,343.55
Under Contract
5944 Chivalry Drive
MLS #: 1801638 More Details →
5944 Chivalry Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 2.0
List Price: $575,000
DOM: 1
Taxes: $2,256/yr
Year Built: 2003
Listed By: Compass
List Price $575,000
Est. Monthly Cost* $4,263.52
6751 Richter Heights
MLS #: 5939578 More Details →
6751 Richter Heights, Colorado Springs
Type: Townhouse
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $585,000
DOM: 0
Taxes: $5,850/yr
Year Built: 2026
Listed By: Coldwell Banker Realty
List Price $585,000
Est. Monthly Cost* $4,629.52
Under Contract
7516 Amberly Drive
MLS #: 2739234 More Details →
7516 Amberly Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 2.0
List Price: $585,000
DOM: 10
Taxes: $2,274/yr
Year Built: 2004
Listed By: Worth Clark Realty
List Price $585,000
Est. Monthly Cost* $4,331.56
Price Drop - $15,000 off
6815 Mustang Rim Drive
MLS #: 8995541 More Details →
6815 Mustang Rim Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 2.0
List Price: $605,000 $590,000
DOM: 34
Taxes: $3,623/yr
Year Built: 2016
Listed By: Coldwell Banker Realty
List Price $590,000
Est. Monthly Cost* $4,477.17
6586 Many Moon Drive
MLS #: 1831741 More Details →
6586 Many Moon Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 3.0
List Price: $594,500
DOM: 11
Taxes: $2,312/yr
Year Built: 2000
Listed By: Coldwell Banker Realty
List Price $594,500
Est. Monthly Cost* $4,397.92
Under Contract
Price Drop - $11,000 off
5040 Spoked Wheel Drive
MLS #: 8906897 More Details →
5040 Spoked Wheel Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 3.0
List Price: $610,000 $599,000
DOM: 20
Taxes: $2,250/yr
Year Built: 2002
Listed By: ERA Shields Real Estate
List Price $599,000
Est. Monthly Cost* $4,422.69
Under Contract
Price Drop - $100,900 off
7375 Maine Lane
MLS #: 5244853 More Details →
7375 Maine Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 4.0
List Price: $699,900 $599,000
DOM: 85
Taxes: $1,399/yr
Year Built: 1926
Listed By: 90 Day Realty
List Price $599,000
Est. Monthly Cost* $4,351.75
Price Drop - $10,100 off
6563 Barrel Race Drive
MLS #: 3474694 More Details →
6563 Barrel Race Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/4
Garage: 2.0
List Price: $610,000 $599,900
DOM: 39
Taxes: $2,345/yr
Year Built: 2001
Listed By: Box State Properties
List Price $599,900
Est. Monthly Cost* $4,436.57
Price Drop - $10,500 off
6840 Mustang Rim Drive
MLS #: 1084210 More Details →
6840 Mustang Rim Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 3.0
List Price: $622,500 $612,000
DOM: 73
Taxes: $3,383/yr
Year Built: 2016
Listed By: Exp Realty LLC
List Price $612,000
Est. Monthly Cost* $4,603.54
Price Drop - $30,000 off
7219 Issaquah Drive
MLS #: 7442103 More Details →
7219 Issaquah Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 5/3
Garage: 2.0
List Price: $645,000 $615,000
DOM: 108
Taxes: $3,972/yr
Year Built: 2018
Listed By: Jason Mitchell Real Estate Colorado, LLC DBA JMG
List Price $615,000
Est. Monthly Cost* $4,672.59
5954 Finglas Drive
MLS #: 4369848 More Details →
5954 Finglas Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $625,000
DOM: 32
Taxes: $3,604/yr
Year Built: 2015
Listed By: Welcome Home CO, Inc.
List Price $625,000
Est. Monthly Cost* $4,708.50
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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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