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 6 of 19
Price Drop - $16,000 off
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MLS #: 3078548 More Details →
9420 Beryl Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $515,000 $499,000
DOM: 104
Taxes: $3,045/yr
Year Built: 2016
Listed By: Exp Realty LLC
List Price $499,000
Est. Monthly Cost* $3,823.64
Price Drop - $100,999 off
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MLS #: 5000892 More Details →
3245 Pennys Peak View, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 6.0
List Price: $599,999 $499,000
DOM: 120
Taxes: $3,152/yr
Year Built: 2024
Listed By: REMAX PROPERTIES
List Price $499,000
Est. Monthly Cost* $3,832.53
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MLS #: 7796877 More Details →
8151 Berwyn Loop, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 3.0
List Price: $499,900
DOM: 60
Taxes: $3,108/yr
Year Built: 2021
Listed By: REMAX PROPERTIES
List Price $499,900
Est. Monthly Cost* $3,834.85
Price Drop - $160,000 off
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MLS #: 6711318 More Details →
2105 Slocum Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 6.0
List Price: $659,900 $499,900
DOM: 36
Taxes: $1,560/yr
Year Built: 2015
Listed By: REMAX PROPERTIES
List Price $499,900
Est. Monthly Cost* $3,705.88
Price Drop - $55,000 off
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MLS #: 9160107 More Details →
9197 Oakmont Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3.0
List Price: $554,900 $499,900
DOM: 105
Taxes: $2,594/yr
Year Built: 2004
Listed By: The Platinum Group
List Price $499,900
Est. Monthly Cost* $3,791.98
Price Drop - $25,000 off
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MLS #: 9476031 More Details →
10190 Keating Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $524,950 $499,950
DOM: 24
Taxes: $0/yr
Year Built: 2026
Listed By: SH Realty Inc
List Price $499,950
Est. Monthly Cost* $3,576.18
Price Drop - $25,000 off
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MLS #: 4107468 More Details →
10623 Waterloo Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $524,950 $499,950
DOM: 28
Taxes: $0/yr
Year Built: 2026
Listed By: Richmond Realty Inc
List Price $499,950
Est. Monthly Cost* $3,576.18
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MLS #: 3535444 More Details →
10803 Rolling Ranch Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 3.0
List Price: $499,990
DOM: 41
Taxes: $4,050/yr
Year Built: 2026
Listed By: Kerrie Ann Young
List Price $499,990
Est. Monthly Cost* $3,913.95
Price Drop - $15,000 off
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MLS #: 2561926 More Details →
12624 Pine Valley Circle, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 3.0
List Price: $515,000 $500,000
DOM: 42
Taxes: $2,474/yr
Year Built: 2003
Listed By: Coldwell Banker Realty
List Price $500,000
Est. Monthly Cost* $3,782.68
Price Drop - $60,100 off
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MLS #: 9285112 More Details →
10087 Beckham Street, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $570,000 $509,900
DOM: 110
Taxes: $4,308/yr
Year Built: 2018
Listed By: Galvan and Gardner Real Estate Group, Inc.
List Price $509,900
Est. Monthly Cost* $4,001.40
Price Drop - $29,501 off
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MLS #: 9416678 More Details →
12407 Mount Bross Place, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $539,500 $509,999
DOM: 63
Taxes: $3,272/yr
Year Built: 2010
Listed By: Honey Bee Homes
List Price $509,999
Est. Monthly Cost* $3,915.67
Price Drop - $10,000 off
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MLS #: 9422634 More Details →
10025 Beryl Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 2.0
List Price: $525,000 $515,000
DOM: 22
Taxes: $2,705/yr
Year Built: 2011
Listed By: Venterra Real Estate LLC
List Price $515,000
Est. Monthly Cost* $3,901.71
Price Drop - $10,000 off
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MLS #: 9851528 More Details →
8939 Kingston Heath Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $525,000 $515,000
DOM: 81
Taxes: $2,323/yr
Year Built: 2003
Listed By: The Polaris Group
List Price $515,000
Est. Monthly Cost* $3,869.91
Price Drop - $25,000 off
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MLS #: 8126844 More Details →
12172 Eagle Crest Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/4
Garage: 2.0
List Price: $540,000 $515,000
DOM: 76
Taxes: $3,368/yr
Year Built: 2016
Listed By: RE/MAX Real Estate Group LLC
List Price $515,000
Est. Monthly Cost* $3,956.96
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MLS #: 2973587 More Details →
10540 Antler Creek Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3.0
List Price: $515,000
DOM: 81
Taxes: $3,298/yr
Year Built: 2003
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $515,000
Est. Monthly Cost* $3,951.18
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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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