ZIP Code 80923 — Colorado Springs, CO Home Prices (2026)
The typical home in ZIP 80923 (Colorado Springs, Colorado) is worth about $467,000 at roughly $220 per square foot — 7% more expensive than the Colorado Springs median and 59% more expensive than the typical U.S. home.
How 80923 compares
ZIP 80923 is one of the pricier ZIP codes in Colorado Springs: its typical home value of $467,000 ranks #9 of the 25 Colorado Springs ZIP codes we track (the citywide range runs from $319,000 in 80910 to $678,000 in 80908). Per square foot it costs about $220, against $220 for Colorado Springs as a whole, $273 for Colorado, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 80923 | $467,000 | $220 |
| Colorado Springs, CO | $437,000 | $220 |
| Colorado | $500,000 | $273 |
| United States | $294,000 | $195 |
Home value by size in 80923
Using this ZIP’s rate of about $220 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $220,000 |
| 1,500 sq ft | $330,000 |
| 2,000 sq ft | $440,000 |
| 2,500 sq ft | $550,000 |
| 3,000 sq ft | $660,000 |
Salary needed to buy a home in ZIP 80923
To buy the typical $467,000 home in ZIP 80923 with 20% down, you need a household income of roughly $127,000 a year (about $2,960 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $151,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $23,400 | $3,680/mo | $158,000/yr |
| 10% (+PMI) | $46,700 | $3,520/mo | $151,000/yr |
| 20% | $93,400 | $2,960/mo | $127,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 80923
At about $220 per square foot, here is roughly how much home different budgets get you in ZIP 80923:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $250k | 1140 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1360 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1820 sq ft | around the typical home here |
| $500k | 2270 sq ft | around the typical home here |
| $600k | 2730 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 80923 home.
Estimate a specific home in 80923
The estimator below is pre-set to ZIP 80923 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Colorado Springs ZIP codes by home value
Where 80923 sits among Colorado Springs’s 25 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 80908 | $678,000 | $262 |
| 2 | 80926 | $668,000 | $269 |
| 3 | 80924 | $652,000 | $228 |
| 4 | 80919 | $593,000 | $236 |
| 5 | 80906 | $528,000 | $253 |
| 6 | 80920 | $523,000 | $210 |
| 7 | 80927 | $502,000 | $210 |
| 8 | 80930 | $477,000 | $251 |
| 9 | 80923 (this page) | $467,000 | $220 |
| 10 | 80922 | $448,000 | $211 |
| 11 | 80925 | $448,000 | $212 |
| 12 | 80904 | $441,000 | $302 |
| 13 | 80918 | $437,000 | $213 |
| 14 | 80951 | $428,000 | $230 |
| 15 | 80939 | $414,000 | $218 |
| 16 | 80907 | $402,000 | $269 |
| 17 | 80917 | $398,000 | $210 |
| 18 | 80938 | $397,000 | $209 |
| 19 | 80929 | $393,000 | $207 |
| 20 | 80903 | $381,000 | $329 |
| 21 | 80915 | $379,000 | $219 |
| 22 | 80905 | $375,000 | $264 |
| 23 | 80909 | $368,000 | $219 |
| 24 | 80916 | $340,000 | $226 |
| 25 | 80910 | $319,000 | $212 |
ZIP 80923 home prices: frequently asked
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See the full Colorado Springs home values page, all Colorado cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.