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
58.3%
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 →
5.69%
of homes sold last year (turnover)
-2.8%
1-year appreciation
+16.6%
5-year appreciation
about 3.1%/yr
+1.8
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

276 Active
$624,703 Avg List Price
70 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

$565,000 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
43 (15.6%)
$450K - $600K
125 (45.3%)
$600K+
108 (39.1%)

Bedrooms

4
2 bd
79
3 bd
92
4 bd
84
5 bd
17
6+ bd
276 results · Page 10 of 19
Price Drop - $20,000 off
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MLS #: 2808761 More Details →
10623 Grace Manor Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $584,950 $564,950
DOM: 93
Taxes: $0/yr
Year Built: 2026
Listed By: SH Realty Inc
List Price $564,950
Est. Monthly Cost* $4,008.63
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MLS #: 3496952 More Details →
11561 Allendale Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $565,000
DOM: 0
Taxes: $2,956/yr
Year Built: 1998
Listed By: The Cutting Edge
List Price $565,000
Est. Monthly Cost* $4,255.33
Price Drop - $20,000 off
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MLS #: 3297099 More Details →
12519 Mt Antero Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $585,000 $565,000
DOM: 41
Taxes: $3,660/yr
Year Built: 2016
Listed By: Exp Realty LLC
List Price $565,000
Est. Monthly Cost* $4,313.96
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MLS #: 9666958 More Details →
8238 Thedford Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3.0
List Price: $565,000
DOM: 12
Taxes: $4,213/yr
Year Built: 2022
Listed By: Stone Gable Realty
List Price $565,000
Est. Monthly Cost* $4,360.08
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MLS #: 1919084 More Details →
11213 Palmers Green Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $565,000
DOM: 3
Taxes: $2,796/yr
Year Built: 2002
Listed By: Compass
List Price $565,000
Est. Monthly Cost* $4,241.96
Price Drop - $9,500 off
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MLS #: 4043138 More Details →
8206 Lemon Grass Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $574,900 $565,400
DOM: 98
Taxes: $1,952/yr
Year Built: 2026
Listed By: New Home Star LLC
List Price $565,400
Est. Monthly Cost* $4,174.29
Price Drop - $5,000 off
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MLS #: 4066484 More Details →
10833 Rolling Ranch Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $574,490 $569,490
DOM: 21
Taxes: $4,653/yr
Year Built: 2026
Listed By: Kerrie Ann Young
List Price $569,490
Est. Monthly Cost* $4,426.58
Price Drop - $55,000 off
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MLS #: 4378276 More Details →
9833 Marble Canyon Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3.0
List Price: $624,999 $569,999
DOM: 88
Taxes: $4,368/yr
Year Built: 2021
Listed By: Exp Realty LLC
List Price $569,999
Est. Monthly Cost* $4,406.23
Price Drop - $73,000 off
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MLS #: 5773697 More Details →
12647 Pyramid Peak Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $645,000 $572,000
DOM: 123
Taxes: $4,119/yr
Year Built: 2018
Listed By: The Platinum Group
List Price $572,000
Est. Monthly Cost* $4,398.79
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MLS #: 1483749 More Details →
7869 Fort Smith Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $575,000
DOM: 0
Taxes: $2,218/yr
Year Built: 2001
Listed By: Pink Realty Inc
List Price $575,000
Est. Monthly Cost* $4,260.31
Price Drop - $15,000 off
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MLS #: 1162995 More Details →
13660 Dill Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $590,000 $575,000
DOM: 67
Taxes: $2,807/yr
Year Built: 1998
Listed By: Realty One Group Premier
List Price $575,000
Est. Monthly Cost* $4,309.38
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MLS #: 7083958 More Details →
12772 Mt Oxford Place, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $575,000
DOM: 39
Taxes: $4,038/yr
Year Built: 2013
Listed By: Exp Realty LLC
List Price $575,000
Est. Monthly Cost* $4,411.99
Price Drop - $30,000 off
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MLS #: 3107004 More Details →
9941 Ledgestone Terrace, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $605,000 $575,000
DOM: 31
Taxes: $3,342/yr
Year Built: 2021
Listed By: The Platinum Group
List Price $575,000
Est. Monthly Cost* $4,353.99
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MLS #: 4244607 More Details →
11045 Rolling Mesa Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $575,000
DOM: 1
Taxes: $4,142/yr
Year Built: 2022
Listed By: Redfin Corporation
List Price $575,000
Est. Monthly Cost* $4,420.68
Price Drop - $25,000 off
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MLS #: 3600942 More Details →
10406 Devoncove Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $600,000 $575,000
DOM: 54
Taxes: $4,305/yr
Year Built: 2024
Listed By: The Innovative Group, LLC
List Price $575,000
Est. Monthly Cost* $4,434.21
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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 276 active residential listings ranging from $300,000 to $2,900,000, with an average list price of $624,703. Homes in this area average 70 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 $17,016 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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