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 4 of 24
5505 Prospero Road
MLS #: 1872623 More Details →
5505 Prospero Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 2.0
List Price: $410,000
DOM: 0
Taxes: $1,944/yr
Year Built: 1993
Listed By: The Platinum Group
List Price $410,000
Est. Monthly Cost* $3,139.77
Under Contract
Price Drop - $20,000 off
12726 Winding Glen Lane
MLS #: 7728953 More Details →
12726 Winding Glen Lane, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $430,000 $410,000
DOM: 31
Taxes: $3,288/yr
Year Built: 2020
Listed By: Exp Realty LLC
List Price $410,000
Est. Monthly Cost* $3,251.77
Price Drop - $17,500 off
12633 Pine Valley Circle
MLS #: 4018532 More Details →
12633 Pine Valley Circle, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $432,500 $415,000
DOM: 95
Taxes: $1,699/yr
Year Built: 2003
Listed By: Exp Realty LLC
List Price $415,000
Est. Monthly Cost* $3,152.58
5510 Whipshaw Road
MLS #: 3981653 More Details →
5510 Whipshaw Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 2.0
List Price: $419,900
DOM: 0
Taxes: $1,804/yr
Year Built: 1996
Listed By: REMAX PROPERTIES
List Price $419,900
Est. Monthly Cost* $3,193.94
10972 Retreat Peak Drive
MLS #: 1340190 More Details →
10972 Retreat Peak Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $421,905
DOM: 46
Taxes: $682/yr
Year Built: 2026
Listed By: The Landhuis Brokerage & Mangement Co
List Price $421,905
Est. Monthly Cost* $3,113.74
13654 Nederland Drive
MLS #: 4713074 More Details →
13654 Nederland Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $423,900
DOM: 1
Taxes: $1/yr
Year Built: 2026
Listed By: New Home Star LLC
List Price $423,900
Est. Monthly Cost* $3,070.30
Under Contract
Price Drop - $47,000 off
13326 Valley Peak Drive
MLS #: 3044723 More Details →
13326 Valley Peak Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $471,990 $424,990
DOM: 179
Taxes: $3,823/yr
Year Built: 2025
Listed By: Kerrie Ann Young
List Price $424,990
Est. Monthly Cost* $3,396.05
9832 Morning Vista Drive
MLS #: 8111490 More Details →
9832 Morning Vista Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $425,000
DOM: 39
Taxes: $2,829/yr
Year Built: 2017
Listed By: Coldwell Banker Realty
List Price $425,000
Est. Monthly Cost* $3,313.29
10962 Retreat Peak Drive
MLS #: 6469285 More Details →
10962 Retreat Peak Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $425,000
DOM: 109
Taxes: $682/yr
Year Built: 2026
Listed By: The Landhuis Brokerage & Mangement Co
List Price $425,000
Est. Monthly Cost* $3,134.33
Price Drop - $55,990 off
13219 Valley Peak Drive
MLS #: 4388302 More Details →
13219 Valley Peak Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 2.0
List Price: $480,990 $425,000
DOM: 227
Taxes: $3,944/yr
Year Built: 2025
Listed By: Kerrie Ann Young
List Price $425,000
Est. Monthly Cost* $3,406.20
13555 Nederland Drive
MLS #: 3202297 More Details →
13555 Nederland Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $425,000
DOM: 10
Taxes: $682/yr
Year Built: 2026
Listed By: Keller Williams Realty DTC LLC
List Price $425,000
Est. Monthly Cost* $3,134.33
Under Contract
10432 Summer Ridge Drive
MLS #: 3968426 More Details →
10432 Summer Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $425,000
DOM: 7
Taxes: $3,679/yr
Year Built: 2021
Listed By: HomeSmart
List Price $425,000
Est. Monthly Cost* $3,384.12
Under Contract
10992 Retreat Peak Drive
MLS #: 7862437 More Details →
10992 Retreat Peak Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $427,186
DOM: 49
Taxes: $682/yr
Year Built: 2026
Listed By: The Landhuis Brokerage & Mangement Co
List Price $427,186
Est. Monthly Cost* $3,148.87
Price Drop - $40,000 off
8262 Lemon Grass Road
MLS #: 7744917 More Details →
8262 Lemon Grass Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $469,900 $429,900
DOM: 88
Taxes: $1,952/yr
Year Built: 2026
Listed By: New Home Star LLC
List Price $429,900
Est. Monthly Cost* $3,272.80
13519 Estes Ridge Drive
MLS #: 2440394 More Details →
13519 Estes Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $434,618
DOM: 46
Taxes: $682/yr
Year Built: 2026
Listed By: The Landhuis Brokerage & Mangement Co
List Price $434,618
Est. Monthly Cost* $3,198.32
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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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