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 14 of 19
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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MLS #: 2795027 More Details →
7765 Midnight Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $650,000
DOM: 32
Taxes: $2,428/yr
Year Built: 2004
Listed By: Kentwood Real Estate DTC, LLC
List Price $650,000
Est. Monthly Cost* $4,776.76
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MLS #: 1927213 More Details →
13117 Stone Peaks Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $650,000
DOM: 2
Taxes: $3,965/yr
Year Built: 2021
Listed By: RE/MAX Real Estate Group LLC
List Price $650,000
Est. Monthly Cost* $4,904.87
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MLS #: 5394666 More Details →
12732 Enclave Scenic Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $665,000
DOM: 46
Taxes: $4,344/yr
Year Built: 2023
Listed By: HomeSmart
List Price $665,000
Est. Monthly Cost* $5,036.29
Price Drop - $6,100 off
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MLS #: 2508284 More Details →
8251 Barley Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/5
Garage: 2.0
List Price: $675,000 $668,900
DOM: 52
Taxes: $4,181/yr
Year Built: 2022
Listed By: Orchard Brokerage LLC
List Price $668,900
Est. Monthly Cost* $5,048.66
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MLS #: 3276487 More Details →
10970 Garrett Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $669,000
DOM: 415
Taxes: $1,784/yr
Year Built: 1941
Listed By: Agents Realty of Colorado
List Price $669,000
Est. Monthly Cost* $4,849.55
Price Drop - $10,000 off
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MLS #: 2800109 More Details →
8268 Sophia Lane, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 4.0
List Price: $680,000 $670,000
DOM: 100
Taxes: $1,952/yr
Year Built: 2025
Listed By: LIV Sotheby's International Realty CO Springs
List Price $670,000
Est. Monthly Cost* $4,870.20
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MLS #: 7398778 More Details →
10813 White Sands Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/5
Garage: 3.0
List Price: $670,000
DOM: 50
Taxes: $3,968/yr
Year Built: 2006
Listed By: Exp Realty LLC
List Price $670,000
Est. Monthly Cost* $5,038.21
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MLS #: 5449108 More Details →
10899 Glen Canyon Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $670,000
DOM: 0
Taxes: $4,582/yr
Year Built: 2013
Listed By: HomeSmart
List Price $670,000
Est. Monthly Cost* $5,089.33
Price Drop - $35,000 off
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MLS #: 8444165 More Details →
12555 Handles Peak Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 2.0
List Price: $705,000 $670,000
DOM: 164
Taxes: $3,216/yr
Year Built: 2012
Listed By: Exp Realty LLC
List Price $670,000
Est. Monthly Cost* $4,975.52
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MLS #: 8592586 More Details →
10895 Evening Creek Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $670,372
DOM: 35
Taxes: $1,200/yr
Year Built: 2026
Listed By: Reunion Realty LLC
List Price $670,372
Est. Monthly Cost* $4,810.00
Price Drop - $74,100 off
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MLS #: 8814317 More Details →
9582 Rockingham Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/4
Garage: 3.0
List Price: $749,000 $674,900
DOM: 100
Taxes: $4,090/yr
Year Built: 2005
Listed By: Keller Williams Premier Realty
List Price $674,900
Est. Monthly Cost* $5,080.98
Price Drop - $9,901 off
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MLS #: 5268616 More Details →
12638 Windingwalk Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $684,900 $674,999
DOM: 28
Taxes: $4,290/yr
Year Built: 2021
Listed By: PCS Alliance Realty LLC
List Price $674,999
Est. Monthly Cost* $5,098.29
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MLS #: 7531928 More Details →
12611 Longview Park Lane, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/4
Garage: 3.0
List Price: $675,000
DOM: 0
Taxes: $4,179/yr
Year Built: 2017
Listed By: Your Castle Real Estate LLC
List Price $675,000
Est. Monthly Cost* $5,089.04
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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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