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 5 of 24
Price Drop - $40,000 off
11590 Garrett Road
MLS #: 2352045 More Details →
11590 Garrett Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 2.0
List Price: $475,000 $435,000
DOM: 57
Taxes: $1,716/yr
Year Built: 1979
Listed By: Exp Realty LLC
List Price $435,000
Est. Monthly Cost* $3,287.11
Price Drop - $10,000 off
8156 Oliver Road
MLS #: 5849775 More Details →
8156 Oliver Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 2.0
List Price: $445,000 $435,000
DOM: 44
Taxes: $2,018/yr
Year Built: 2000
Listed By: Structure Real Estate Group, LLC
List Price $435,000
Est. Monthly Cost* $3,312.21
18165 Pinon Park Road
MLS #: 2838675 More Details →
18165 Pinon Park Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $435,550
DOM: 4
Taxes: $2,001/yr
Year Built: 1996
Listed By: Metro Real Estate Group
List Price $435,550
Est. Monthly Cost* $3,314.50
10958 Avena Road
MLS #: 2632064 More Details →
10958 Avena Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $439,000
DOM: 46
Taxes: $2,347/yr
Year Built: 2021
Listed By: Jason Mitchell Real Estate Colorado, LLC DBA JMG
List Price $439,000
Est. Monthly Cost* $3,366.24
Price Drop - $25,000 off
7542 Stephenville Road
MLS #: 7770311 More Details →
7542 Stephenville Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $465,000 $440,000
DOM: 72
Taxes: $1,562/yr
Year Built: 2002
Listed By: Keller Williams Partners
List Price $440,000
Est. Monthly Cost* $3,307.53
Price Drop - $29,000 off
10025 everglades Drive
MLS #: 4129216 More Details →
10025 everglades Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $469,000 $440,000
DOM: 111
Taxes: $2,977/yr
Year Built: 2006
Listed By: Harmony Real Estate Group, Inc
List Price $440,000
Est. Monthly Cost* $3,425.39
Under Contract
9374 Camargo Road
MLS #: 4261490 More Details →
9374 Camargo Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 2.0
List Price: $440,000
DOM: 18
Taxes: $2,145/yr
Year Built: 2004
Listed By: LIV Sotheby's International Realty CO Springs
List Price $440,000
Est. Monthly Cost* $3,356.08
Price Drop - $13,099 off
12029 Eagle Crest Court
MLS #: 1573249 More Details →
12029 Eagle Crest Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 2.0
List Price: $457,999 $444,900
DOM: 63
Taxes: $2,801/yr
Year Built: 2015
Listed By: Realty One Group Premier
List Price $444,900
Est. Monthly Cost* $3,443.35
13549 Estes Ridge Drive
MLS #: 2826198 More Details →
13549 Estes Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $446,709
DOM: 46
Taxes: $682/yr
Year Built: 2026
Listed By: The Landhuis Brokerage & Mangement Co
List Price $446,709
Est. Monthly Cost* $3,278.76
13518 Estes Ridge Drive
MLS #: 4489373 More Details →
13518 Estes Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $448,520
DOM: 9
Taxes: $682/yr
Year Built: 2026
Listed By: Keller Williams Realty DTC LLC
List Price $448,520
Est. Monthly Cost* $3,290.81
8059 Oliver Road
MLS #: 4845652 More Details →
8059 Oliver Road, Falcon
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 2.0
List Price: $449,000
DOM: 1
Taxes: $2,033/yr
Year Built: 2001
Listed By: Double L Realty
List Price $449,000
Est. Monthly Cost* $3,406.62
Price Drop - $70,100 off
10296 Hidden Park Way
MLS #: 1856148 More Details →
10296 Hidden Park Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $520,000 $449,900
DOM: 168
Taxes: $3,041/yr
Year Built: 2015
Listed By: The Colorado Springs Group Inc
List Price $449,900
Est. Monthly Cost* $3,496.63
Price Drop - $21,000 off
6245 Peerless Farms Road
MLS #: 4135675 More Details →
6245 Peerless Farms Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 2.0
List Price: $470,900 $449,900
DOM: 89
Taxes: $1,762/yr
Year Built: 1993
Listed By: Exp Realty LLC
List Price $449,900
Est. Monthly Cost* $3,390.03
12262 Crystal Downs Road
MLS #: 3877980 More Details →
12262 Crystal Downs Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $450,000
DOM: 59
Taxes: $2,168/yr
Year Built: 2005
Listed By: Blueprint Realty
List Price $450,000
Est. Monthly Cost* $3,424.49
Price Drop - $100,000 off
3380 Curtis Road
MLS #: 8876290 More Details →
3380 Curtis Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/1
Garage: 0
List Price: $550,000 $450,000
DOM: 137
Taxes: $373/yr
Year Built: 1921
Listed By: Real Broker, LLC DBA Real
List Price $450,000
Est. Monthly Cost* $3,274.93
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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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