Stetson Hills, Colorado Springs, CO—80923
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stetson Hills, Colorado Springs, CO
As of Oct '25, the median home price in Stetson Hills, Colorado Springs, CO is $466,000, with a year-over-year change of -2.7%. This indicates that home prices in Stetson Hills, Colorado Springs, CO are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $466,000 | -2.7% |
| Single Family | $467,000 | -2.7% |
| Condos | $314,000 | -4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $345,000 | -3.9% |
3 Bed | $428,000 | -2.7% |
4 Bed | $499,000 | -2.3% |
| 5 Bed | $563,000 | -2.3% |
% of Housing Stock
Rental Trends — Stetson Hills, Colorado Springs, CO
As of July '25, Rentcast reports the average rent in Stetson Hills, Colorado Springs, CO is $2,210, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Stetson Hills, Colorado Springs, CO is studios: $1,260, 1-bedrooms: $1,660, 2-bedrooms: $2,060, 3-bedrooms: $2,430, 4-bedrooms: $2,720. The most common rental property sizes in Stetson Hills, Colorado Springs, CO are 2-bedroom and 3-bedroom, accounting for 29.7% and 29.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,210 | $2,210 |
| Studio Rent | $1,260 | $1,260 |
| 1 Bed Rent | $1,650 | $1,660 |
| 2 Bed Rent | $2,010 | $2,060 |
| 3 Bed Rent | $2,400 | $2,430 |
| 4 Bed Rent | $2,640 | $2,720 |
% of Rental Stock
Property Listings — Stetson Hills, Colorado Springs, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Stetson Hills, Colorado Springs, CO is 53. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $492,000 | 1.0% |
Listing Count | 154 | 15.0% |
| Listings as % of Homes | 0.9% | 15.0% |
Days on Market | 53 | 16.0% |
Demographics — Stetson Hills, Colorado Springs, CO
As of the latest ACS Survey released in 2023, Stetson Hills, Colorado Springs, CO has a population of 32,300, which has increased by 10.1% over the past 5 years. Stetson Hills, Colorado Springs, CO is a popular place for families, as children make up 25.4% of the population. The area has a highly educated workforce, with 48.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,300 | 10.1% |
% Under 18 | 25.4% | -9.6% |
% Seniors | 9.5% | 20.3% |
% WFH | 17.1% | 180.3% |
% w/ College Degree | 48.7% | 4.5% |
As of the latest ACS Survey released in 2023, Stetson Hills, Colorado Springs, CO is a predominantly white area, with 71.5% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Stetson Hills, Colorado Springs, CO is hispanic, making up 15.4% of the population. Foreign-born residents account for 9.0% of the population in Stetson Hills, Colorado Springs, CO, and this percentage has increased by 16.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.5% | 0.4% |
% Black | 3.7% | -30.2% |
% Hispanic | 15.4% | 12.4% |
% Asian | 4.7% | -4.1% |
% Foreign Born | 9.0% | 16.9% |
Mortgage and Risk — Stetson Hills, Colorado Springs, CO
According to HUD data as of 2023, there were 422 mortgage originations in Stetson Hills, Colorado Springs, CO, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Stetson Hills, Colorado Springs, CO. Investor activity is low, as 1.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 422 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Stetson Hills, Colorado Springs, CO
As of 2024, the percent of homes in Stetson Hills, Colorado Springs, CO under the Section 8 program is 5.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Stetson Hills, Colorado Springs, CO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 212 |
Total Units Section 8 | 212 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $1,650 | $1,880 |
| 2 Bedroom | $260 | $2,010 | $2,270 |
| 3 Bedroom | $780 | $2,400 | $3,180 |
| 4 Bedroom | $990 | $2,640 | $3,630 |
Affordability — Stetson Hills, Colorado Springs, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $466,000 |
| Median Household Income | $104,000 |