Market Intelligence · CO / Colorado Springs

Colorado Springs, CO 80923 Housing Market

Homes in Colorado Springs 80923 have a typical value of $467,384, down 1.7% over the past year. The median list price is $460,000, with homes taking a median of 50 days on the market.

Updated August 2026Median value$460K

The median home value in Colorado Springs, CO 80923 is $460K as of August 2026, down 1.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 80923 range

$423K to $497K

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

Typical home value in 80923 over the last 12 months: $467K in Aug 2025 to $460K in Aug 2026 (-1.4%).

Aug 2025$467K

Aug 2026$460K

The numbers

What is the 80923 housing market like?

Typical home value

$460K

Down1.4%YoY

Median list price

$460K

Flat0.0%MoM

Days on market

50

Up31.6%MoM

Homes for sale

129

Down3.7%MoM

Price cuts

40.0%

Up19.3%MoM

New listings

44

Down21.4%MoM

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

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The comparison

How do 80923 home prices compare?

  • 80923$460,124
  • Colorado Springs$430,902
  • Colorado$497,011
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Colorado Springs: 24 ZIPs; Colorado: 416 ZIPs; United States: 26,265 ZIPs).

Context

There are 129 homes for sale in the area, with 44 new listings appearing recently. The median list price sits at $460,000. Homes are spending a median of 50 days on the market, suggesting moderate buyer interest. With 40.0% of listings carrying a price cut, sellers are adjusting expectations as values have declined. If you're thinking about selling, this is a market where pricing strategy matters more than it has in recent years.

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