Is 80132 a buyer or seller market?
Right now, 80132 (Monument & Palmer Lake) is a balanced market.
57%
of listings sell (vs expire)
96.0%
sold vs original list
47.2%
got a seller concession
Based on 43 closed and 33 failed listings, trailing 90 days. Full demand and concessions data.

How 80132 holds value

Compare all zips →
5.68%
of homes sold last year (turnover)
-0.9%
1-year appreciation
+20.5%
5-year appreciation
about 3.8%/yr
+5.7
points vs market (5yr)
+82.2%
10-year appreciation
about 6.2%/yr
2006 · $376,118 shaded: 2020 to 2022 surge 2026 · $745,000
Turnover = homes sold in the last 12 months vs the count of homes in 80132 (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 80132 - Monument & Palmer Lake

235 + 49 Active + Under Contract
$825,446 Avg List Price
89 Avg Days on Market
$250,000 Lowest Price
$2,900,000 Highest Price

Closed Sales - Last 30 Days

43 Sold
$795,203 Avg Close Price
94.4% Avg Close-to-Original List
96.0% Median Close-to-Original List

Market Comparison

$765,000 Area Median Price
61.1% above regional median vs Regional Median ($475,000)

Month-over-Month Trends

↓ -1.4% Avg List Price
↑ +7.1 Avg DOM
↓ -1.1% CPOLP

Showing active residential listings in zip code 80132. Updated every 15 minutes from the elevateMLS.

Get Alerts for 80132

Market Breakdown

Price Distribution

Under $300K
1 (0.4%)
$300K - $450K
20 (8.5%)
$450K - $600K
33 (14.0%)
$600K+
181 (77.0%)

Property Types

Single Family
214 (91.1%)
Townhouse
17 (7.2%)
Patio Home
3 (1.3%)
Condo
1 (0.4%)

Bedrooms

9
2 bd
35
3 bd
103
4 bd
71
5 bd
17
6+ bd
284 results · Page 4 of 19
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MLS #: 9484853 More Details →
17090 Park Trail Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/4
Garage: 2.0
List Price: $529,900
DOM: 3
Taxes: $2,430/yr
Year Built: 2001
Listed By: Compass
List Price $529,900
Est. Monthly Cost* $3,977.94
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MLS #: 5821758 More Details →
17607 Lucky Penny Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 2.0
List Price: $530,000
DOM: 6
Taxes: $4,446/yr
Year Built: 2024
Listed By: The Platinum Group
List Price $530,000
Est. Monthly Cost* $4,146.60
Price Drop - $42,000 off
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MLS #: 4042883 More Details →
17085 Foxcross Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/4
Garage: 2.0
List Price: $580,000 $538,000
DOM: 108
Taxes: $2,590/yr
Year Built: 1999
Listed By: Keller Williams Clients Choice Realty
List Price $538,000
Est. Monthly Cost* $4,045.15
Under Contract
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MLS #: 5893667 More Details →
771 Mesa Creek Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 2.0
List Price: $545,000
DOM: 26
Taxes: $3,098/yr
Year Built: 2002
Listed By: Keller Williams Action Realty, LLC
List Price $545,000
Est. Monthly Cost* $4,134.04
Price Drop - $30,263 off
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MLS #: 3003859 More Details →
17822 Lucky Penny Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 2.0
List Price: $579,263 $549,000
DOM: 67
Taxes: $3,198/yr
Year Built: 2026
Listed By: Classic Residential Services
List Price $549,000
Est. Monthly Cost* $4,169.01
Price Drop - $23,704 off
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MLS #: 9055993 More Details →
17654 Lucky Penny Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 2.0
List Price: $572,704 $549,000
DOM: 123
Taxes: $3,198/yr
Year Built: 2026
Listed By: Classic Residential Services
List Price $549,000
Est. Monthly Cost* $4,169.01
Price Drop - $20,000 off
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MLS #: 2249330 More Details →
17843 Smelting Rock Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 3.0
List Price: $569,900 $549,900
DOM: 45
Taxes: $4,316/yr
Year Built: 2015
Listed By: Rustic Realty
List Price $549,900
Est. Monthly Cost* $4,268.19
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MLS #: 9005155 More Details →
17240 Park Trail Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 2.0
List Price: $550,000
DOM: 34
Taxes: $3,580/yr
Year Built: 2001
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $550,000
Est. Monthly Cost* $4,207.52
Under Contract
Price Drop - $19,900 off
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MLS #: 6005666 More Details →
17035 Snowwood Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/4
Garage: 2.0
List Price: $569,900 $550,000
DOM: 54
Taxes: $2,515/yr
Year Built: 2000
Listed By: LIV Sotheby's International Realty CO Springs
List Price $550,000
Est. Monthly Cost* $4,118.75
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MLS #: 9018093 More Details →
16149 Alpine Sorrel Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 3.0
List Price: $559,000
DOM: 10
Taxes: $4,746/yr
Year Built: 2023
Listed By: Brokers Guild Real Estate
List Price $559,000
Est. Monthly Cost* $4,364.52
Price Drop - $10,000 off
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MLS #: 2748524 More Details →
19155 Spring Valley Road, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/2
Garage: 2.0
List Price: $575,000 $565,000
DOM: 5
Taxes: $2,077/yr
Year Built: 1985
Listed By: Wish Realty LLC
List Price $565,000
Est. Monthly Cost* $4,182.00
Under Contract
Price Drop - $55,001 off
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MLS #: 7234499 More Details →
17648 Leisure Lake Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 2.0
List Price: $625,000 $569,999
DOM: 116
Taxes: $5,286/yr
Year Built: 2017
Listed By: Thrive Real Estate Group
List Price $569,999
Est. Monthly Cost* $4,482.70
Price Drop - $33,249 off
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MLS #: 1492542 More Details →
17828 Lucky Penny Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 2.0
List Price: $608,249 $575,000
DOM: 59
Taxes: $3,198/yr
Year Built: 2026
Listed By: Classic Residential Services
List Price $575,000
Est. Monthly Cost* $4,341.99
Price Drop - $10,037 off
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MLS #: 2976614 More Details →
17664 Lucky Penny Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 2.0
List Price: $585,037 $575,000
DOM: 94
Taxes: $3,198/yr
Year Built: 2026
Listed By: Classic Residential Services
List Price $575,000
Est. Monthly Cost* $4,341.99
Price Drop - $20,000 off
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MLS #: 1750262 More Details →
809 Tailings Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 4/3
Garage: 2.0
List Price: $599,000 $579,000
DOM: 97
Taxes: $4,104/yr
Year Built: 2016
Listed By: Coldwell Banker Realty
List Price $579,000
Est. Monthly Cost* $4,444.12
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About 80132 - Monument & Palmer Lake

Monument and Palmer Lake — just north of Colorado Springs along I-25. Small-town feel with mountain views and Lewis-Palmer D38 schools. Popular with military families and Denver commuters who want to split the difference. New construction in Promontory and Sanctuary Pointe.

Zip code 80132 in Colorado Springs currently has 235 active residential listings ranging from $250,000 to $2,900,000, with an average list price of $825,446. Homes in this area average 89 days on market. In the last 30 days, 43 homes sold in 80132 at an average close price of $795,203, with buyers paying an average of 94.4% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $6,081 to $8,282 including taxes and insurance.

Nearby Zip Codes

80908 - Black Forest & North Gate 80921 - Cordera & Wolf Ranch 80133 - Palmer Lake 80863 - Woodland Park

School districts serving 80132: Lewis-Palmer-38

Looking for a home in 80132? 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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