Is 80831 a buyer or seller market?
Right now, 80831 (Falcon & Woodmen Hills) is a buyer's market.
50%
of listings sell (vs expire)
96.8%
sold vs original list
53.4%
got a seller concession
Based on 45 closed and 45 failed listings, trailing 90 days. Full demand and concessions data.

How 80831 holds value

Compare all zips →
5.67%
of homes sold last year (turnover)
-2.8%
1-year appreciation
+14.8%
5-year appreciation
about 2.8%/yr
+1.4
points vs market (5yr)
+82.1%
10-year appreciation
about 6.2%/yr
2006 · $265,000 shaded: 2020 to 2022 surge 2026 · $532,000
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

286 + 68 Active + Under Contract
$619,946 Avg List Price
71 Avg Days on Market
$200,000 Lowest Price
$2,900,000 Highest Price

Closed Sales - Last 30 Days

45 Sold
$530,300 Avg Close Price
95.3% Avg Close-to-Original List
96.8% Median Close-to-Original List

Market Comparison

$555,000 Area Median Price
16.8% 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
1 (0.3%)
$300K - $450K
55 (19.2%)
$450K - $600K
119 (41.6%)
$600K+
111 (38.8%)

Property Types

Single Family
285 (99.7%)
Townhouse
1 (0.3%)

Bedrooms

3
2 bd
83
3 bd
95
4 bd
88
5 bd
17
6+ bd
354 results · Page 13 of 24
Under Contract
Price Drop - $80,000 off
9563 Fairway Glen Drive
MLS #: 2803737 More Details →
9563 Fairway Glen Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3.0
List Price: $630,000 $550,000
DOM: 145
Taxes: $3,957/yr
Year Built: 2019
Listed By: Stone Gable Realty
List Price $550,000
Est. Monthly Cost* $4,238.94
Under Contract
Price Drop - $25,000 off
9728 Arbor Walk Lane
MLS #: 1679033 More Details →
9728 Arbor Walk Lane, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 4.0
List Price: $575,000 $550,000
DOM: 37
Taxes: $4,074/yr
Year Built: 2020
Listed By: Kimberlin Group
List Price $550,000
Est. Monthly Cost* $4,248.69
Under Contract
12266 Crystal Downs Road
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: 15
Taxes: $2,708/yr
Year Built: 2007
Listed By: Keller Williams Clients Choice Realty
List Price $550,000
Est. Monthly Cost* $4,134.81
10798 Morning Hills Drive
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: 20
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
10892 Huron Peak Place
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
10734 Rolling Peaks Drive
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
10204 Kingsbury Drive
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
10638 Mt Emerald Drive
MLS #: 9233211 More Details →
10638 Mt Emerald Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 2.0
List Price: $559,999
DOM: 8
Taxes: $3,731/yr
Year Built: 2014
Listed By: Exp Realty LLC
List Price $559,999
Est. Monthly Cost* $4,286.57
Price Drop - $45,000 off
9941 Ledgestone Terrace
MLS #: 3107004 More Details →
9941 Ledgestone Terrace, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $605,000 $560,000
DOM: 55
Taxes: $3,342/yr
Year Built: 2021
Listed By: The Platinum Group
List Price $560,000
Est. Monthly Cost* $4,254.19
Price Drop - $35,000 off
10198 Golf Crest Drive
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
10333 Keynes Drive
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
10843 Rolling Ranch Drive
MLS #: 9759329 More Details →
10843 Rolling Ranch Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $563,770
DOM: 0
Taxes: $4,567/yr
Year Built: 2026
Listed By: Kerrie Ann Young
List Price $563,770
Est. Monthly Cost* $4,381.36
Price Drop - $20,000 off
10623 Grace Manor Drive
MLS #: 2808761 More Details →
10623 Grace Manor Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $584,950 $564,950
DOM: 107
Taxes: $0/yr
Year Built: 2026
Listed By: SH Realty Inc
List Price $564,950
Est. Monthly Cost* $4,008.63
Price Drop - $10,000 off
12772 Mt Oxford Place
MLS #: 7083958 More Details →
12772 Mt Oxford Place, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $575,000 $565,000
DOM: 53
Taxes: $4,038/yr
Year Built: 2013
Listed By: Exp Realty LLC
List Price $565,000
Est. Monthly Cost* $4,345.46
11561 Allendale Drive
MLS #: 3496952 More Details →
11561 Allendale Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $565,000
DOM: 0
Taxes: $2,956/yr
Year Built: 1998
Listed By: The Cutting Edge
List Price $565,000
Est. Monthly Cost* $4,255.33
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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 286 active residential listings ranging from $200,000 to $2,900,000, with an average list price of $619,946. Homes in this area average 71 days on market. In the last 30 days, 45 homes sold in 80831 at an average close price of $530,300, with buyers paying an average of 95.3% 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, 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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