Market Intelligence · CO / Colorado Springs

Colorado Springs, CO 80923 Housing Market

The typical home in Colorado Springs 80923 is worth $458,361, down 1.4% over the past year as of September 2026. The median list price is $454,950, and homes spend a median of 61 days on market.

Updated September 2026Median value$458K

The median home value in Colorado Springs, CO 80923 is $458K as of September 2026, down 1.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 80923 range

$422K to $495K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.4% over 12 months

Sep 2025$465K

Low $458KHigh $467K

Sep 2026$458K

The numbers

What is the 80923 housing market like?

As of September 2026

Typical home value

$458K

1.4%YoY

Median list price

$455K

1.1%MoM

Days on market

22.0%MoM

Homes for sale

125

3.1%MoM

Price cuts

40.1%

0.2%MoM

New listings

0.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

80923 housing market forecast 2027

-0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 80923 to fall 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 80923 fell 1.4%, per the Zillow Home Value Index.

Will home prices drop in 80923?

Zillow's forecast says they may: it expects typical home values in 80923 to fall 0.6% by September 2027, after a 1.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 80923 home prices compare?

80923$458,361
Colorado Springs$430,208
Colorado$494,491
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Colorado Springs: 24 ZIPs; Colorado: 416 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 125 homes for sale in 80923, with 44 new listings coming on the market. The median list price is $454,950, close to the typical home value of $458,361. Values are down 1.4% over the past year, and homes take a median of 61 days to sell. Notably, 40.1% of listings have had a price cut. For sellers, this is a cooler market where pricing carefully from the start matters more than testing the high end.

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Down payment20% · $91,672

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Common questions

What people ask us.

How much is a home in 80923 worth?

The typical home value in 80923 is $458,361 as of September 2026, down 1.4% over the past year.

How long do homes take to sell in 80923?

Homes in 80923 spend a median of 61 days on market as of September 2026.

How competitive is the 80923 housing market?

There are 125 homes for sale with 44 new listings as of September 2026, and 40.1% of listings have had a price cut.

Discover

Nearby ZIP markets.

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