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 17 of 19
Price Drop - $33,500 off
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MLS #: 9330639 More Details →
12646 Windingwalk Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/4
Garage: 3.0
List Price: $812,500 $779,000
DOM: 73
Taxes: $4,802/yr
Year Built: 2020
Listed By: Keller Williams Premier Realty
List Price $779,000
Est. Monthly Cost* $5,832.91
Price Drop - $5,000 off
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MLS #: 5879070 More Details →
11477 Palmers Green Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $788,000 $783,000
DOM: 85
Taxes: $4,469/yr
Year Built: 2015
Listed By: You 1st Realty Colorado
List Price $783,000
Est. Monthly Cost* $5,831.73
Price Drop - $90,000 off
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MLS #: 4242462 More Details →
7334 Talimena Terrace, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 6.0
List Price: $885,000 $795,000
DOM: 165
Taxes: $4,876/yr
Year Built: 2005
Listed By: Exp Realty LLC
List Price $795,000
Est. Monthly Cost* $5,945.49
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MLS #: 7221779 More Details →
13010 Monument Vista Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $795,500
DOM: 58
Taxes: $5,310/yr
Year Built: 2024
Listed By: Charles Roter
List Price $795,500
Est. Monthly Cost* $5,984.96
Price Drop - $41,000 off
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MLS #: 4047629 More Details →
10031 Keating Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 8.0
List Price: $840,000 $799,000
DOM: 150
Taxes: $6,167/yr
Year Built: 2019
Listed By: Keller Williams Clients Choice Realty
List Price $799,000
Est. Monthly Cost* $6,079.70
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MLS #: 3717815 More Details →
11303 Mount Gateway Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 6.0
List Price: $799,900
DOM: 22
Taxes: $5,711/yr
Year Built: 2007
Listed By: Orchard Brokerage LLC
List Price $799,900
Est. Monthly Cost* $6,047.64
Price Drop - $99 off
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MLS #: 8932947 More Details →
Lot 3 J D Johnson Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 3.0
List Price: $799,999 $799,900
DOM: 546
Taxes: $657/yr
Year Built: 2025
Listed By: Exp Realty LLC
List Price $799,900
Est. Monthly Cost* $5,626.50
Price Drop - $48,100 off
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MLS #: 2282943 More Details →
10877 Rolling Mesa Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/5
Garage: 3.0
List Price: $848,000 $799,900
DOM: 202
Taxes: $6,183/yr
Year Built: 2022
Listed By: Coldwell Banker Realty
List Price $799,900
Est. Monthly Cost* $6,087.00
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MLS #: 5174331 More Details →
3140 Hoofprint Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $800,000
DOM: 0
Taxes: $2,723/yr
Year Built: 2019
Listed By: Foster & Associates Realty LLC
List Price $800,000
Est. Monthly Cost* $5,799.34
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MLS #: 6614645 More Details →
12810 Windingwalk Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/7
Garage: 3.0
List Price: $815,000
DOM: 107
Taxes: $4,787/yr
Year Built: 2021
Listed By: Keller Williams Premier Realty
List Price $815,000
Est. Monthly Cost* $6,071.14
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MLS #: 6689384 More Details →
16565 Fletcherville Lane, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 9.0
List Price: $850,000
DOM: 14
Taxes: $1,920/yr
Year Built: 2015
Listed By: Keller Williams Premier Realty
List Price $850,000
Est. Monthly Cost* $6,065.04
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MLS #: 5195521 More Details →
12692 Clark Peak Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/5
Garage: 6.0
List Price: $850,000
DOM: 12
Taxes: $4,344/yr
Year Built: 2017
Listed By: Keller Williams Premier Realty
List Price $850,000
Est. Monthly Cost* $6,267.06
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MLS #: 3410016 More Details →
11045 Evening Creek Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/6
Garage: 4.0
List Price: $872,302
DOM: 1
Taxes: $1,200/yr
Year Built: 2026
Listed By: Reunion Realty LLC
List Price $872,302
Est. Monthly Cost* $6,153.45
Price Drop - $50,000 off
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MLS #: 4961410 More Details →
9395 Doe Creek Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/5
Garage: 3.0
List Price: $924,000 $874,000
DOM: 87
Taxes: $4,378/yr
Year Built: 2003
Listed By: Falcon Peyton Homes
List Price $874,000
Est. Monthly Cost* $6,429.61
Price Drop - $75,000 off
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MLS #: 7145925 More Details →
7776 Truchas Trail, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/6
Garage: 3.0
List Price: $950,000 $875,000
DOM: 75
Taxes: $8,598/yr
Year Built: 2022
Listed By: Wild Buck Realty
List Price $875,000
Est. Monthly Cost* $6,787.90
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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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