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 5 of 24
Under Contract
Price Drop - $19,000 off
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MLS #: 6354412 More Details →
7703 Tompkins Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 2.0
List Price: $459,000 $440,000
DOM: 58
Taxes: $1,666/yr
Year Built: 2003
Listed By: ERA Shields Real Estate
List Price $440,000
Est. Monthly Cost* $3,316.14
Under Contract
Price Drop - $71,990 off
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MLS #: 9500496 More Details →
13255 Valley Peak Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $511,990 $440,000
DOM: 289
Taxes: $5,128/yr
Year Built: 2025
Listed By: Kerrie Ann Young
List Price $440,000
Est. Monthly Cost* $3,604.66
Price Drop - $13,099 off
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MLS #: 1573249 More Details →
12029 Eagle Crest Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 2.0
List Price: $457,999 $444,900
DOM: 63
Taxes: $2,801/yr
Year Built: 2015
Listed By: Realty One Group Premier
List Price $444,900
Est. Monthly Cost* $3,443.35
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MLS #: 2826198 More Details →
13549 Estes Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $446,709
DOM: 0
Taxes: $682/yr
Year Built: 2026
Listed By: The Landhuis Brokerage & Mangement Co
List Price $446,709
Est. Monthly Cost* $3,278.76
Price Drop - $70,100 off
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MLS #: 1856148 More Details →
10296 Hidden Park Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $520,000 $449,900
DOM: 168
Taxes: $3,041/yr
Year Built: 2015
Listed By: The Colorado Springs Group Inc
List Price $449,900
Est. Monthly Cost* $3,496.63
Price Drop - $21,000 off
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MLS #: 4135675 More Details →
6245 Peerless Farms Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 2.0
List Price: $470,900 $449,900
DOM: 89
Taxes: $1,762/yr
Year Built: 1993
Listed By: Exp Realty LLC
List Price $449,900
Est. Monthly Cost* $3,390.03
Price Drop - $15,000 off
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MLS #: 7770311 More Details →
7542 Stephenville Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $465,000 $450,000
DOM: 26
Taxes: $1,562/yr
Year Built: 2002
Listed By: Keller Williams Partners
List Price $450,000
Est. Monthly Cost* $3,374.06
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MLS #: 3877980 More Details →
12262 Crystal Downs Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $450,000
DOM: 42
Taxes: $2,168/yr
Year Built: 2005
Listed By: Blueprint Realty
List Price $450,000
Est. Monthly Cost* $3,424.49
Price Drop - $100,000 off
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MLS #: 8876290 More Details →
3380 Curtis Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/1
Garage: 0
List Price: $550,000 $450,000
DOM: 74
Taxes: $373/yr
Year Built: 1921
Listed By: Real Broker, LLC DBA Real
List Price $450,000
Est. Monthly Cost* $3,274.93
Price Drop - $50,000 off
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MLS #: 1406482 More Details →
10871 Rolling Peaks Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 3.0
List Price: $500,000 $450,000
DOM: 96
Taxes: $3,835/yr
Year Built: 2022
Listed By: ERA Shields Real Estate
List Price $450,000
Est. Monthly Cost* $3,563.44
Under Contract
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MLS #: 3379891 More Details →
13509 Estes Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $452,069
DOM: 0
Taxes: $682/yr
Year Built: 2026
Listed By: The Landhuis Brokerage & Mangement Co
List Price $452,069
Est. Monthly Cost* $3,314.42
Price Drop - $15,000 off
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MLS #: 5393859 More Details →
10032 Jaggar Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $470,000 $455,000
DOM: 166
Taxes: $3,798/yr
Year Built: 2019
Listed By: RE/MAX Real Estate Group LLC
List Price $455,000
Est. Monthly Cost* $3,593.59
Under Contract
Price Drop - $15,000 off
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MLS #: 8778148 More Details →
9962 Emerald Vista Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $470,000 $455,000
DOM: 99
Taxes: $3,038/yr
Year Built: 2018
Listed By: Coldwell Banker Realty
List Price $455,000
Est. Monthly Cost* $3,530.29
Price Drop - $43,000 off
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MLS #: 2118552 More Details →
10819 Spurlock Place, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 2.0
List Price: $500,000 $457,000
DOM: 207
Taxes: $3,073/yr
Year Built: 2011
Listed By: Performance Plus Realty Inc
List Price $457,000
Est. Monthly Cost* $3,546.52
Price Drop - $55,000 off
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MLS #: 3947334 More Details →
9419 Beryl Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $515,000 $460,000
DOM: 43
Taxes: $2,872/yr
Year Built: 2016
Listed By: The Cutting Edge
List Price $460,000
Est. Monthly Cost* $3,549.72
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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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