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 9 of 19
Price Drop - $65,000 off
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MLS #: 1695743 More Details →
12554 Granite Spring Place, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $615,000 $550,000
DOM: 101
Taxes: $3,816/yr
Year Built: 2019
Listed By: Keller Williams Partners
List Price $550,000
Est. Monthly Cost* $4,227.14
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MLS #: 1703641 More Details →
12266 Crystal Downs Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $550,000
DOM: 11
Taxes: $2,708/yr
Year Built: 2007
Listed By: Keller Williams Clients Choice Realty
List Price $550,000
Est. Monthly Cost* $4,134.81
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MLS #: 5997777 More Details →
7914 Antelope Meadows Circle, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3.0
List Price: $550,000
DOM: 0
Taxes: $3,646/yr
Year Built: 2011
Listed By: HomeSmart
List Price $550,000
Est. Monthly Cost* $4,213.00
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MLS #: 4133802 More Details →
12839 Morning Breeze Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 2.0
List Price: $550,000
DOM: 138
Taxes: $4,124/yr
Year Built: 2019
Listed By: Coldwell Banker Realty
List Price $550,000
Est. Monthly Cost* $4,252.83
Price Drop - $65,000 off
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MLS #: 3715054 More Details →
22280 Jones Road, Calhan
Type: Single Family
Zip: 80831
Beds/Baths: 4/2
Garage: 4.0
List Price: $615,000 $550,000
DOM: 108
Taxes: $1,749/yr
Year Built: 2020
Listed By: Essential Realty LLC
List Price $550,000
Est. Monthly Cost* $4,054.88
Price Drop - $40,000 off
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MLS #: 8352376 More Details →
9982 Golf Crest Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $590,000 $550,000
DOM: 115
Taxes: $3,697/yr
Year Built: 2019
Listed By: Home at 6035 LLC
List Price $550,000
Est. Monthly Cost* $4,217.29
Price Drop - $20,000 off
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MLS #: 1938097 More Details →
12951 Ranch Gate Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $570,000 $550,000
DOM: 35
Taxes: $4,101/yr
Year Built: 2022
Listed By: Action Team Realty
List Price $550,000
Est. Monthly Cost* $4,250.88
Price Drop - $14,500 off
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MLS #: 9584305 More Details →
8246 Lemon Grass Road, Falcon
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 3.0
List Price: $564,900 $550,400
DOM: 56
Taxes: $1/yr
Year Built: 2026
Listed By: New Home Star LLC
List Price $550,400
Est. Monthly Cost* $3,911.92
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MLS #: 5381404 More Details →
10798 Morning Hills Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $553,064
DOM: 0
Taxes: $2,582/yr
Year Built: 2026
Listed By: Charles Roter
List Price $553,064
Est. Monthly Cost* $4,144.74
Price Drop - $10,000 off
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MLS #: 9681922 More Details →
10892 Huron Peak Place, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $565,000 $555,000
DOM: 49
Taxes: $3,402/yr
Year Built: 2006
Listed By: NAV Real Estate
List Price $555,000
Est. Monthly Cost* $4,225.92
Price Drop - $25,000 off
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MLS #: 4475559 More Details →
10734 Rolling Peaks Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 2.0
List Price: $580,000 $555,000
DOM: 49
Taxes: $4,085/yr
Year Built: 2021
Listed By: Exp Realty LLC
List Price $555,000
Est. Monthly Cost* $4,282.87
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MLS #: 2326281 More Details →
10204 Kingsbury Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $558,790
DOM: 4
Taxes: $5,141/yr
Year Built: 2026
Listed By: Kerrie Ann Young
List Price $558,790
Est. Monthly Cost* $4,396.06
Price Drop - $35,000 off
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MLS #: 3253358 More Details →
10198 Golf Crest Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 3.0
List Price: $595,000 $560,000
DOM: 40
Taxes: $4,133/yr
Year Built: 2020
Listed By: MacKenzie-Jackson Real Estate
List Price $560,000
Est. Monthly Cost* $4,320.10
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MLS #: 6651801 More Details →
10567 Mount Evans Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $560,000
DOM: 10
Taxes: $3,414/yr
Year Built: 2011
Listed By: PBS Realty LLC
List Price $560,000
Est. Monthly Cost* $4,260.19
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MLS #: 2920631 More Details →
10333 Keynes Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $562,290
DOM: 16
Taxes: $5,173/yr
Year Built: 2026
Listed By: Kerrie Ann Young
List Price $562,290
Est. Monthly Cost* $4,422.01
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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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