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 + 69 Active + Under Contract
$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
345 results · Page 19 of 23
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MLS #: 6777415 More Details →
11052 Rolling Ranch Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 5.0
List Price: $685,900
DOM: 8
Taxes: $2,887/yr
Year Built: 2026
Listed By: United Real Estate Group, Inc.
List Price $685,900
Est. Monthly Cost* $5,053.90
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MLS #: 2714598 More Details →
11112 Rolling Ranch Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $686,150
DOM: 176
Taxes: $2,887/yr
Year Built: 2025
Listed By: United Real Estate Group, Inc.
List Price $686,150
Est. Monthly Cost* $5,055.56
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MLS #: 8276322 More Details →
13586 Crooked Hill Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 2.0
List Price: $688,347
DOM: 11
Taxes: $2,887/yr
Year Built: 2026
Listed By: Charles Roter
List Price $688,347
Est. Monthly Cost* $5,070.18
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MLS #: 7558181 More Details →
10806 Foggy Bend Lane, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 2.0
List Price: $688,795
DOM: 0
Taxes: $2,582/yr
Year Built: 2026
Listed By: Charles Roter
List Price $688,795
Est. Monthly Cost* $5,047.76
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MLS #: 7915503 More Details →
11112 Coastal Hills Lane, Falcon
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3.0
List Price: $694,168
DOM: 26
Taxes: $2,887/yr
Year Built: 2026
Listed By: Campbell Homes, LLC
List Price $694,168
Est. Monthly Cost* $5,108.90
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MLS #: 9292837 More Details →
11101 Rolling Ranch Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $698,150
DOM: 78
Taxes: $2,887/yr
Year Built: 2026
Listed By: United Real Estate Group, Inc.
List Price $698,150
Est. Monthly Cost* $5,135.40
Price Drop - $28,570 off
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MLS #: 2837816 More Details →
13513 Crooked Hill Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $727,070 $698,500
DOM: 161
Taxes: $2,887/yr
Year Built: 2026
Listed By: Charles Roter
List Price $698,500
Est. Monthly Cost* $5,137.73
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MLS #: 4272957 More Details →
13410 New Ranch Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $699,000
DOM: 4
Taxes: $4,681/yr
Year Built: 2022
Listed By: Real Broker, LLC DBA Real
List Price $699,000
Est. Monthly Cost* $5,290.54
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MLS #: 8932892 More Details →
19610 Birdseye View, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 0
List Price: $699,000
DOM: 1
Taxes: $1,487/yr
Year Built: 2000
Listed By: Mountain Maverick RE
List Price $699,000
Est. Monthly Cost* $5,024.38
Under Contract
Price Drop - $21,000 off
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MLS #: 9102723 More Details →
7157 Mitchellville Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $720,000 $699,000
DOM: 25
Taxes: $4,518/yr
Year Built: 2013
Listed By: REMAX PROPERTIES
List Price $699,000
Est. Monthly Cost* $5,276.95
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MLS #: 9395887 More Details →
9840 Heritage Park Trail, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/2
Garage: 8.0
List Price: $699,900
DOM: 2
Taxes: $1,438/yr
Year Built: 1980
Listed By: RE/MAX Alliance
List Price $699,900
Est. Monthly Cost* $5,026.29
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MLS #: 1523685 More Details →
11102 Rolling Ranch Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 5.0
List Price: $699,900
DOM: 120
Taxes: $2,916/yr
Year Built: 2026
Listed By: United Real Estate Group, Inc.
List Price $699,900
Est. Monthly Cost* $5,149.45
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MLS #: 3612185 More Details →
17650 Fremont Fort Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $700,000
DOM: 16
Taxes: $1,769/yr
Year Built: 1998
Listed By: ERA Shields Real Estate
List Price $700,000
Est. Monthly Cost* $5,054.57
Price Drop - $40,000 off
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MLS #: 6707412 More Details →
10152 Boulder Creek Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 4.0
List Price: $740,000 $700,000
DOM: 51
Taxes: $4,294/yr
Year Built: 2018
Listed By: Realty One Group Premier
List Price $700,000
Est. Monthly Cost* $5,264.98
Price Drop - $45,000 off
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MLS #: 9993380 More Details →
16010 Connies Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $745,000 $700,000
DOM: 91
Taxes: $2,466/yr
Year Built: 1994
Listed By: Price & Co. Real Estate
List Price $700,000
Est. Monthly Cost* $5,112.64
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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 $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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