Is 80831 a buyer or seller market?
Right now, 80831 (Falcon & Woodmen Hills) is a balanced market.
47%
of listings sell (vs expire)
97.2%
sold vs original list
57.8%
got a seller concession
Based on 49 closed and 56 failed listings, trailing 90 days. Full demand and concessions data.

How 80831 holds value

Compare all zips →
5.67%
of homes sold last year (turnover)
-2.8%
1-year appreciation
+16.5%
5-year appreciation
about 3.1%/yr
+1.7
points vs market (5yr)
+82.8%
10-year appreciation
about 6.2%/yr
2006 · $265,000 shaded: 2020 to 2022 surge 2026 · $534,330
Turnover = homes sold in the last 12 months vs the count of homes in 80831 (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 80831 - Falcon & Woodmen Hills

278 + 68 Active + Under Contract
$622,521 Avg List Price
72 Avg Days on Market
$300,000 Lowest Price
$2,900,000 Highest Price

Closed Sales - Last 30 Days

49 Sold
$554,416 Avg Close Price
95.5% Avg Close-to-Original List
97.2% Median Close-to-Original List

Market Comparison

$564,630 Area Median Price
18.9% above regional median vs Regional Median ($475,000)

Month-over-Month Trends

↓ -1.6% Avg List Price
↑ +4.6 Avg DOM
-0.5% CPOLP

Showing active residential listings in zip code 80831. Updated every 15 minutes from the elevateMLS.

Get Alerts for 80831

Market Breakdown

Price Distribution

Under $300K
0 (0.0%)
$300K - $450K
46 (16.5%)
$450K - $600K
126 (45.3%)
$600K+
106 (38.1%)

Bedrooms

4
2 bd
79
3 bd
97
4 bd
81
5 bd
17
6+ bd
346 results · Page 17 of 24
Price Drop - $69,000 off
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MLS #: 3902833 More Details →
10643 Pictured Rocks Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/4
Garage: 3.0
List Price: $699,000 $630,000
DOM: 97
Taxes: $4,243/yr
Year Built: 2004
Listed By: Exp Realty LLC
List Price $630,000
Est. Monthly Cost* $4,795.00
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MLS #: 9063445 More Details →
10852 Checo Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $635,000
DOM: 25
Taxes: $3,999/yr
Year Built: 2018
Listed By: Keller Williams Clients Choice Realty
List Price $635,000
Est. Monthly Cost* $4,807.91
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MLS #: 2785790 More Details →
12792 Longview Park Lane, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $635,000
DOM: 18
Taxes: $3,805/yr
Year Built: 2017
Listed By: Keller Williams Clients Choice Realty
List Price $635,000
Est. Monthly Cost* $4,791.75
Price Drop - $34,000 off
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MLS #: 4982898 More Details →
8347 Tibbs Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $669,000 $635,000
DOM: 101
Taxes: $2,843/yr
Year Built: 2001
Listed By: Exp Realty LLC
List Price $635,000
Est. Monthly Cost* $4,711.60
Price Drop - $86,000 off
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MLS #: 9544201 More Details →
12050 Blaney Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 6.0
List Price: $725,000 $639,000
DOM: 55
Taxes: $1,987/yr
Year Built: 1998
Listed By: Pink Realty Inc
List Price $639,000
Est. Monthly Cost* $4,666.84
Under Contract
Price Drop - $60,000 off
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MLS #: 5456533 More Details →
10755 Arrowgrass Loop, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/4
Garage: 2.0
List Price: $699,000 $639,000
DOM: 140
Taxes: $2,774/yr
Year Built: 1993
Listed By: LPT Realty LLC
List Price $639,000
Est. Monthly Cost* $4,732.42
Price Drop - $31,434 off
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MLS #: 7536128 More Details →
13051 Monument Vista Drive, Falcon
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $671,259 $639,825
DOM: 459
Taxes: $2,603/yr
Year Built: 2025
Listed By: Campbell Homes, LLC
List Price $639,825
Est. Monthly Cost* $4,723.69
Price Drop - $10,000 off
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MLS #: 2754600 More Details →
7412 Chelsey Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $649,900 $639,900
DOM: 71
Taxes: $2,139/yr
Year Built: 2014
Listed By: The Platinum Group
List Price $639,900
Est. Monthly Cost* $4,685.50
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MLS #: 1704566 More Details →
19027 Murphy Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 6.0
List Price: $640,000
DOM: 0
Taxes: $1,446/yr
Year Built: 1972
Listed By: Keller Williams Premier Realty
List Price $640,000
Est. Monthly Cost* $4,628.44
Under Contract
Price Drop - $5,000 off
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MLS #: 5035019 More Details →
10122 Bracknell Place, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 4.0
List Price: $650,000 $645,000
DOM: 36
Taxes: $4,998/yr
Year Built: 2020
Listed By: American Dream Team Real Estat
List Price $645,000
Est. Monthly Cost* $4,957.70
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MLS #: 5866663 More Details →
11092 Rolling Ranch Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 4.0
List Price: $646,150
DOM: 14
Taxes: $2,887/yr
Year Built: 2026
Listed By: United Real Estate Group, Inc.
List Price $646,150
Est. Monthly Cost* $4,789.44
Under Contract
Price Drop - $26,000 off
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MLS #: 9189431 More Details →
9386 Rockingham Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $675,000 $649,000
DOM: 57
Taxes: $3,434/yr
Year Built: 2004
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $649,000
Est. Monthly Cost* $4,853.98
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MLS #: 3828292 More Details →
11875 Royal Dornoch Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 4.0
List Price: $650,000
DOM: 5
Taxes: $2,880/yr
Year Built: 2004
Listed By: Keller Williams Clients Choice Realty
List Price $650,000
Est. Monthly Cost* $4,814.43
Price Drop - $60,000 off
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MLS #: 9596024 More Details →
11210 Eggar Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 5.0
List Price: $710,000 $650,000
DOM: 210
Taxes: $3,000/yr
Year Built: 1980
Listed By: REMAX PROPERTIES
List Price $650,000
Est. Monthly Cost* $4,824.48
Price Drop - $49,000 off
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MLS #: 3607158 More Details →
9920 Glenellen Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3.0
List Price: $699,000 $650,000
DOM: 106
Taxes: $3,459/yr
Year Built: 1996
Listed By: Keller Williams Clients Choice Realty
List Price $650,000
Est. Monthly Cost* $4,862.73
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About 80831 - Falcon & Woodmen Hills

Falcon and Woodmen Hills — a suburban-rural transition zone northeast of the city. Larger lots, more land, and a quieter pace of life. Falcon D49 schools are a draw. Popular with buyers who want space and newer construction without going full rural.

Zip code 80831 in Colorado Springs currently has 278 active residential listings ranging from $300,000 to $2,900,000, with an average list price of $622,521. Homes in this area average 72 days on market. In the last 30 days, 49 homes sold in 80831 at an average close price of $554,416, with buyers paying an average of 95.5% of the original asking price. Estimated monthly payments at 7.0% interest range from approximately $4,155 to $4,618 including taxes and insurance.

Nearby Zip Codes

80908 - Black Forest & North Gate 80923 - Stetson Hills & Meridian Ranch 80924 - Meridian Ranch & Falcon Highlands 80864 - Peyton

School districts serving 80831: District 49, Ellicott-22, Harrison-2, Peyton 23JT

Looking for a home in 80831? 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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