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 18 of 19
Price Drop - $31,000 off
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MLS #: 7404527 More Details →
13027 Sunrise Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $930,000 $899,000
DOM: 94
Taxes: $3,163/yr
Year Built: 2025
Listed By: LPT Realty LLC
List Price $899,000
Est. Monthly Cost* $6,494.61
Price Drop - $75,000 off
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MLS #: 6945671 More Details →
11180 Palmer Peak Place, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 5.0
List Price: $1,025,000 $950,000
DOM: 83
Taxes: $6,537/yr
Year Built: 2021
Listed By: Exp Realty LLC
List Price $950,000
Est. Monthly Cost* $7,115.11
Price Drop - $100,000 off
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MLS #: 7548395 More Details →
14150 Teleo Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 7/5
Garage: 9.0
List Price: $1,050,000 $950,000
DOM: 99
Taxes: $4,344/yr
Year Built: 2002
Listed By: Front Range Real Estate Professionals, LLC
List Price $950,000
Est. Monthly Cost* $6,932.35
Price Drop - $40,100 off
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MLS #: 7271299 More Details →
3445 Antelope Hill View, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $1,025,000 $984,900
DOM: 221
Taxes: $3,134/yr
Year Built: 2022
Listed By: The Cutting Edge
List Price $984,900
Est. Monthly Cost* $7,063.74
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MLS #: 4102765 More Details →
8815 Jae Lynn Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 3.0
List Price: $995,000
DOM: 19
Taxes: $2,491/yr
Year Built: 2026
Listed By: Iconic Colorado Properties, LLC
List Price $995,000
Est. Monthly Cost* $7,077.34
Price Drop - $52,000 off
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MLS #: 4822459 More Details →
19530 Cheryl Grove, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3.0
List Price: $1,050,000 $998,000
DOM: 40
Taxes: $2,011/yr
Year Built: 2004
Listed By: Berkshire Hathaway HomeServices Rocky Mountain
List Price $998,000
Est. Monthly Cost* $7,057.33
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MLS #: 6307622 More Details →
8524 Towner Avenue, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 9.0
List Price: $999,000
DOM: 102
Taxes: $4,004/yr
Year Built: 2001
Listed By: Exp Realty LLC
List Price $999,000
Est. Monthly Cost* $7,230.04
Price Drop - $150,000 off
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MLS #: 1912824 More Details →
13316 Gilbert Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/5
Garage: 6.0
List Price: $1,200,000 $1,050,000
DOM: 158
Taxes: $7,448/yr
Year Built: 2007
Listed By: Compass
List Price $1,050,000
Est. Monthly Cost* $7,856.32
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MLS #: 6575724 More Details →
16034 McCara Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $1,069,000
DOM: 104
Taxes: $1,687/yr
Year Built: 2021
Listed By: Epique Realty
List Price $1,069,000
Est. Monthly Cost* $7,502.69
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MLS #: 9895413 More Details →
21295 Highway 24, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 2/3
Garage: 2.0
List Price: $1,149,900
DOM: 133
Taxes: $1,276/yr
Year Built: 1977
Listed By: The Innovative Group, LLC
List Price $1,149,900
Est. Monthly Cost* $8,006.68
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MLS #: 1646860 More Details →
3455 J D Johnson Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 4.0
List Price: $1,150,000
DOM: 1
Taxes: $2,859/yr
Year Built: 1995
Listed By: Midkiff & Associates, LLC
List Price $1,150,000
Est. Monthly Cost* $8,139.23
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MLS #: 6831730 More Details →
13147 Crescent Creek Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/4
Garage: 4.0
List Price: $1,220,000
DOM: 36
Taxes: $742/yr
Year Built: 2023
Listed By: The Innovative Group, LLC
List Price $1,220,000
Est. Monthly Cost* $8,428.55
Price Drop - $250,000 off
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MLS #: 3345452 More Details →
2550 Slocum Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $1,500,000 $1,250,000
DOM: 224
Taxes: $2,601/yr
Year Built: 1990
Listed By: Real Broker, LLC DBA Real
List Price $1,250,000
Est. Monthly Cost* $8,783.02
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MLS #: 3099908 More Details →
17170 Lodgepole Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 4.0
List Price: $1,250,000
DOM: 0
Taxes: $1,850/yr
Year Built: 2009
Listed By: Engel & Volkers Denver
List Price $1,250,000
Est. Monthly Cost* $8,720.47
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MLS #: 2061948 More Details →
17430 Esmeralda Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/5
Garage: 8.0
List Price: $1,300,000
DOM: 9
Taxes: $1,964/yr
Year Built: 2026
Listed By: REMAX PROPERTIES
List Price $1,300,000
Est. Monthly Cost* $9,062.60
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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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