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)
-3.1%
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
$619,981 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 21 of 24
Price Drop - $60,000 off
9631 Keating Drive
MLS #: 8272710 More Details →
9631 Keating Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 5.0
List Price: $785,000 $725,000
DOM: 97
Taxes: $3,648/yr
Year Built: 2005
Listed By: REMAX PROPERTIES
List Price $725,000
Est. Monthly Cost* $5,377.46
13039 Monument Vista Drive
MLS #: 3723809 More Details →
13039 Monument Vista Drive, Falcon
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $737,861
DOM: 87
Taxes: $2,887/yr
Year Built: 2026
Listed By: Campbell Homes, LLC
List Price $737,861
Est. Monthly Cost* $5,399.59
9622 Fairway Glen Drive
MLS #: 8350552 More Details →
9622 Fairway Glen Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/5
Garage: 3.0
List Price: $739,900
DOM: 0
Taxes: $4,913/yr
Year Built: 2020
Listed By: Keller Williams Partners
List Price $739,900
Est. Monthly Cost* $5,581.99
Price Drop - $20,000 off
12637 Clark Peak Court
MLS #: 7623005 More Details →
12637 Clark Peak Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $769,000 $749,000
DOM: 113
Taxes: $3,950/yr
Year Built: 2019
Listed By: Realty One Group Premier
List Price $749,000
Est. Monthly Cost* $5,562.25
Price Drop - $30,000 off
15520 Sara Jo Lane
MLS #: 1849080 More Details →
15520 Sara Jo Lane, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $780,000 $750,000
DOM: 56
Taxes: $3,025/yr
Year Built: 2026
Listed By: Exp Realty LLC
List Price $750,000
Est. Monthly Cost* $5,491.88
Under Contract
7415 Mallard Drive
MLS #: 8624430 More Details →
7415 Mallard Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 8.0
List Price: $750,000
DOM: 36
Taxes: $2,980/yr
Year Built: 1952
Listed By: The Innovative Group, LLC
List Price $750,000
Est. Monthly Cost* $5,488.09
Price Drop - $80,000 off
11824 Black Hills Drive
MLS #: 6369617 More Details →
11824 Black Hills Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 4.0
List Price: $839,000 $759,000
DOM: 116
Taxes: $5,005/yr
Year Built: 2013
Listed By: Reichers Real Estate Inc
List Price $759,000
Est. Monthly Cost* $5,716.73
15495 Atlas Loop
MLS #: 6681800 More Details →
15495 Atlas Loop, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $759,900
DOM: 5
Taxes: $1,212/yr
Year Built: 2026
Listed By: Better Homes and Gardens Real Estate Kenney & Company
List Price $759,900
Est. Monthly Cost* $5,406.67
Price Drop - $20,000 off
11477 Palmers Green Drive
MLS #: 5879070 More Details →
11477 Palmers Green Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $788,000 $768,000
DOM: 116
Taxes: $4,469/yr
Year Built: 2015
Listed By: You 1st Realty Colorado
List Price $768,000
Est. Monthly Cost* $5,731.94
Price Drop - $25,000 off
11303 Mount Gateway Drive
MLS #: 3717815 More Details →
11303 Mount Gateway Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 6.0
List Price: $799,900 $774,900
DOM: 140
Taxes: $5,711/yr
Year Built: 2007
Listed By: Orchard Brokerage LLC
List Price $774,900
Est. Monthly Cost* $5,881.31
Price Drop - $37,500 off
12646 Windingwalk Drive
MLS #: 9330639 More Details →
12646 Windingwalk Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/4
Garage: 3.0
List Price: $812,500 $775,000
DOM: 209
Taxes: $4,802/yr
Year Built: 2020
Listed By: Keller Williams Premier Realty
List Price $775,000
Est. Monthly Cost* $5,806.30
Price Drop - $90,000 off
7334 Talimena Terrace
MLS #: 4242462 More Details →
7334 Talimena Terrace, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 6.0
List Price: $885,000 $795,000
DOM: 165
Taxes: $4,876/yr
Year Built: 2005
Listed By: Exp Realty LLC
List Price $795,000
Est. Monthly Cost* $5,945.49
Under Contract
Price Drop - $64,000 off
9863 Fairway Glen Drive
MLS #: 9086122 More Details →
9863 Fairway Glen Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/4
Garage: 3.0
List Price: $859,000 $795,000
DOM: 128
Taxes: $4,335/yr
Year Built: 2020
Listed By: Fathom Realty Colorado LLC
List Price $795,000
Est. Monthly Cost* $5,900.38
13010 Monument Vista Drive
MLS #: 7221779 More Details →
13010 Monument Vista Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $795,500
DOM: 58
Taxes: $5,310/yr
Year Built: 2024
Listed By: Charles Roter
List Price $795,500
Est. Monthly Cost* $5,984.96
Price Drop - $16,000 off
12810 Windingwalk Drive
MLS #: 6614645 More Details →
12810 Windingwalk Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/7
Garage: 3.0
List Price: $815,000 $799,000
DOM: 122
Taxes: $4,787/yr
Year Built: 2021
Listed By: Keller Williams Premier Realty
List Price $799,000
Est. Monthly Cost* $5,964.69
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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 $619,981. 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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