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 22 of 24
Price Drop - $41,000 off
10031 Keating Drive
MLS #: 4047629 More Details →
10031 Keating Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 8.0
List Price: $840,000 $799,000
DOM: 170
Taxes: $6,167/yr
Year Built: 2019
Listed By: Keller Williams Clients Choice Realty
List Price $799,000
Est. Monthly Cost* $6,079.70
Price Drop - $99 off
Lot 3 J D Johnson Road
MLS #: 8932947 More Details →
Lot 3 J D Johnson Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 3.0
List Price: $799,999 $799,900
DOM: 622
Taxes: $657/yr
Year Built: 2025
Listed By: Exp Realty LLC
List Price $799,900
Est. Monthly Cost* $5,626.50
Price Drop - $48,100 off
10877 Rolling Mesa Drive
MLS #: 2282943 More Details →
10877 Rolling Mesa Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/5
Garage: 3.0
List Price: $848,000 $799,900
DOM: 202
Taxes: $6,183/yr
Year Built: 2022
Listed By: Coldwell Banker Realty
List Price $799,900
Est. Monthly Cost* $6,087.00
3140 Hoofprint Road
MLS #: 5174331 More Details →
3140 Hoofprint Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $800,000
DOM: 17
Taxes: $2,723/yr
Year Built: 2019
Listed By: Foster & Associates Realty LLC
List Price $800,000
Est. Monthly Cost* $5,799.34
12955 Sunrise Ridge Drive
MLS #: 7470246 More Details →
12955 Sunrise Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 3.0
List Price: $815,000
DOM: 14
Taxes: $3,966/yr
Year Built: 2025
Listed By: Wild Buck Realty
List Price $815,000
Est. Monthly Cost* $6,002.74
Under Contract
Price Drop - $45,000 off
9602 Fairway Glen Drive
MLS #: 8445947 More Details →
9602 Fairway Glen Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/7
Garage: 3.0
List Price: $870,000 $825,000
DOM: 129
Taxes: $5,715/yr
Year Built: 2020
Listed By: ERA Shields Real Estate
List Price $825,000
Est. Monthly Cost* $6,214.99
18065 Cumbres Road
MLS #: 6404376 More Details →
18065 Cumbres Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 15.0
List Price: $849,999
DOM: 15
Taxes: $2,179/yr
Year Built: 2004
Listed By: Brokers Guild Real Estate
List Price $849,999
Est. Monthly Cost* $6,086.65
12692 Clark Peak Court
MLS #: 5195521 More Details →
12692 Clark Peak Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/5
Garage: 6.0
List Price: $850,000
DOM: 21
Taxes: $4,344/yr
Year Built: 2017
Listed By: Keller Williams Premier Realty
List Price $850,000
Est. Monthly Cost* $6,267.06
Under Contract
16565 Fletcherville Lane
MLS #: 6689384 More Details →
16565 Fletcherville Lane, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 9.0
List Price: $850,000
DOM: 21
Taxes: $1,920/yr
Year Built: 2015
Listed By: Keller Williams Premier Realty
List Price $850,000
Est. Monthly Cost* $6,065.04
Under Contract
11101 Birch Hollow Way
MLS #: 3723425 More Details →
11101 Birch Hollow Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $869,000
DOM: 0
Taxes: $5,172/yr
Year Built: 2007
Listed By: The Polaris Group
List Price $869,000
Est. Monthly Cost* $6,462.48
11045 Evening Creek Drive
MLS #: 3410016 More Details →
11045 Evening Creek Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/6
Garage: 4.0
List Price: $872,302
DOM: 1
Taxes: $1,200/yr
Year Built: 2026
Listed By: Reunion Realty LLC
List Price $872,302
Est. Monthly Cost* $6,153.45
Price Drop - $75,000 off
7776 Truchas Trail
MLS #: 7145925 More Details →
7776 Truchas Trail, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/6
Garage: 3.0
List Price: $950,000 $875,000
DOM: 75
Taxes: $8,598/yr
Year Built: 2022
Listed By: Wild Buck Realty
List Price $875,000
Est. Monthly Cost* $6,787.90
Price Drop - $46,000 off
12250 Smoke Bluffs Road
MLS #: 2966875 More Details →
12250 Smoke Bluffs Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $925,000 $879,000
DOM: 167
Taxes: $4,015/yr
Year Built: 2014
Listed By: RE/MAX Real Estate Group LLC
List Price $879,000
Est. Monthly Cost* $6,432.63
Price Drop - $45,000 off
9395 Doe Creek Court
MLS #: 4961410 More Details →
9395 Doe Creek Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/5
Garage: 3.0
List Price: $924,000 $879,000
DOM: 111
Taxes: $4,378/yr
Year Built: 2003
Listed By: Falcon Peyton Homes
List Price $879,000
Est. Monthly Cost* $6,462.87
Price Drop - $31,000 off
13027 Sunrise Ridge Drive
MLS #: 7404527 More Details →
13027 Sunrise Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $930,000 $899,000
DOM: 94
Taxes: $3,163/yr
Year Built: 2025
Listed By: LPT Realty LLC
List Price $899,000
Est. Monthly Cost* $6,494.61
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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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