Is 80923 a buyer or seller market?
Right now, 80923 (Stetson Hills & Meridian Ranch) is a balanced market.
55%
of listings sell (vs expire)
96.7%
sold vs original list
53.8%
got a seller concession
Based on 29 closed and 24 failed listings, trailing 90 days. Full demand and concessions data.

How 80923 holds value

Compare all zips →
4.42%
of homes sold last year (turnover)
-2.0%
1-year appreciation
+9.1%
5-year appreciation
about 1.8%/yr
-4.3
points vs market (5yr)
+82.2%
10-year appreciation
about 6.2%/yr
2006 · $229,900 shaded: 2020 to 2022 surge 2026 · $464,500
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

104 + 39 Active + Under Contract
$498,497 Avg List Price
56 Avg Days on Market
$264,900 Lowest Price
$3,000,000 Highest Price

Closed Sales - Last 30 Days

29 Sold
$459,002 Avg Close Price
95.3% Avg Close-to-Original List
96.7% 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 (3.8%)
$300K - $450K
50 (48.1%)
$450K - $600K
37 (35.6%)
$600K+
13 (12.5%)

Property Types

Single Family
85 (81.7%)
Townhouse
13 (12.5%)
Condo
5 (4.8%)
Patio Home
1 (1.0%)

Bedrooms

12
2 bd
49
3 bd
30
4 bd
11
5 bd
2
6+ bd
143 results · Page 3 of 10
Under Contract
6020 Whetstone Drive
MLS #: 6115690 More Details →
6020 Whetstone Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $399,900
DOM: 4
Taxes: $1,803/yr
Year Built: 1998
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $399,900
Est. Monthly Cost* $3,060.82
Under Contract
Price Drop - $10,000 off
5123 Stillwater Drive
MLS #: 3354151 More Details →
5123 Stillwater Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 2.0
List Price: $410,000 $400,000
DOM: 99
Taxes: $1,354/yr
Year Built: 1987
Listed By: Exp Realty LLC
List Price $400,000
Est. Monthly Cost* $3,024.04
Under Contract
Price Drop - $71,300 off
6843 LILY MOUNTAIN Lane
MLS #: 6950332 More Details →
6843 LILY MOUNTAIN Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $475,000 $403,700
DOM: 185
Taxes: $1,758/yr
Year Built: 2021
Listed By: HomeSmart
List Price $403,700
Est. Monthly Cost* $3,082.33
Price Drop - $20,000 off
6020 Fossil Drive
MLS #: 9158944 More Details →
6020 Fossil Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 2.0
List Price: $425,000 $405,000
DOM: 29
Taxes: $1,115/yr
Year Built: 1996
Listed By: Keller Williams Partners
List Price $405,000
Est. Monthly Cost* $3,037.38
Price Drop - $4,500 off
7611 Menagerie Lane
MLS #: 7780044 More Details →
7611 Menagerie Lane, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $410,000 $405,500
DOM: 35
Taxes: $2,037/yr
Year Built: 2006
Listed By: Keller Williams Clients Choice Realty
List Price $405,500
Est. Monthly Cost* $3,117.57
Price Drop - $12,000 off
7427 Gorgeted Quail Grove
MLS #: 6677070 More Details →
7427 Gorgeted Quail Grove, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/3
Garage: 2.0
List Price: $422,000 $410,000
DOM: 94
Taxes: $2,788/yr
Year Built: 2023
Listed By: The Platinum Group
List Price $410,000
Est. Monthly Cost* $3,210.09
6630 Greylock Drive
MLS #: 4757110 More Details →
6630 Greylock Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/2
Garage: 2.0
List Price: $415,000
DOM: 1
Taxes: $1,461/yr
Year Built: 1997
Listed By: The Cutting Edge
List Price $415,000
Est. Monthly Cost* $3,132.76
7732 Carabiner View
MLS #: 2272918 More Details →
7732 Carabiner View, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $415,000
DOM: 0
Taxes: $1,401/yr
Year Built: 2024
Listed By: The Cutting Edge
List Price $415,000
Est. Monthly Cost* $3,127.77
Price Drop - $5,100 off
7594 Stetson Highlands Drive
MLS #: 1467668 More Details →
7594 Stetson Highlands Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $425,000 $419,900
DOM: 24
Taxes: $2,232/yr
Year Built: 2009
Listed By: The Cutting Edge
List Price $419,900
Est. Monthly Cost* $3,229.61
Price Drop - $15,100 off
6943 Cabriolet Drive
MLS #: 6508104 More Details →
6943 Cabriolet Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/2
Garage: 2.0
List Price: $435,000 $419,900
DOM: 112
Taxes: $1,466/yr
Year Built: 2002
Listed By: Keller Williams Partners
List Price $419,900
Est. Monthly Cost* $3,165.77
Under Contract
Price Drop - $15,100 off
7042 Grand Prairie Drive
MLS #: 5026069 More Details →
7042 Grand Prairie Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 4/4
Garage: 2.0
List Price: $435,000 $419,900
DOM: 20
Taxes: $1,719/yr
Year Built: 2001
Listed By: Muldoon Associates Inc
List Price $419,900
Est. Monthly Cost* $3,186.86
7559 Manistique Drive
MLS #: 6602209 More Details →
7559 Manistique Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $420,000
DOM: 0
Taxes: $1,997/yr
Year Built: 2006
Listed By: The Platinum Group
List Price $420,000
Est. Monthly Cost* $3,210.69
6444 Sonny Blue Drive
MLS #: 4326441 More Details →
6444 Sonny Blue Drive, Colorado Springs
Type: Single Family
Zip: 80923
Beds/Baths: 3/3
Garage: 2.0
List Price: $420,000
DOM: 28
Taxes: $1,563/yr
Year Built: 2002
Listed By: Cornerstone Real Estate Team
List Price $420,000
Est. Monthly Cost* $3,174.52
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
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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 104 active residential listings ranging from $264,900 to $3,000,000, with an average list price of $498,497. Homes in this area average 56 days on market. In the last 30 days, 29 homes sold in 80923 at an average close price of $459,002, with buyers paying an average of 95.3% 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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