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 6 of 24
Price Drop - $50,000 off
10871 Rolling Peaks Drive
MLS #: 1406482 More Details →
10871 Rolling Peaks Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 3.0
List Price: $500,000 $450,000
DOM: 99
Taxes: $3,835/yr
Year Built: 2022
Listed By: ERA Shields Real Estate
List Price $450,000
Est. Monthly Cost* $3,563.44
Under Contract
13509 Estes Ridge Drive
MLS #: 3379891 More Details →
13509 Estes Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $452,069
DOM: 0
Taxes: $682/yr
Year Built: 2026
Listed By: The Landhuis Brokerage & Mangement Co
List Price $452,069
Est. Monthly Cost* $3,314.42
Price Drop - $45,000 off
8253 Lemon Grass Road
MLS #: 1271706 More Details →
8253 Lemon Grass Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $499,900 $454,900
DOM: 31
Taxes: $1/yr
Year Built: 2026
Listed By: New Home Star LLC
List Price $454,900
Est. Monthly Cost* $3,276.54
Price Drop - $74,900 off
10451 Rolling Peaks Drive
MLS #: 3605975 More Details →
10451 Rolling Peaks Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $529,900 $455,000
DOM: 170
Taxes: $3,997/yr
Year Built: 2022
Listed By: Real Broker, LLC DBA Real
List Price $455,000
Est. Monthly Cost* $3,610.19
Under Contract
Price Drop - $15,000 off
9962 Emerald Vista Drive
MLS #: 8778148 More Details →
9962 Emerald Vista Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $470,000 $455,000
DOM: 99
Taxes: $3,038/yr
Year Built: 2018
Listed By: Coldwell Banker Realty
List Price $455,000
Est. Monthly Cost* $3,530.29
Price Drop - $43,000 off
10819 Spurlock Place
MLS #: 2118552 More Details →
10819 Spurlock Place, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 2.0
List Price: $500,000 $457,000
DOM: 207
Taxes: $3,073/yr
Year Built: 2011
Listed By: Performance Plus Realty Inc
List Price $457,000
Est. Monthly Cost* $3,546.52
Price Drop - $16,000 off
10149 Angeles Road
MLS #: 7397231 More Details →
10149 Angeles Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 2.0
List Price: $475,000 $459,000
DOM: 12
Taxes: $2,880/yr
Year Built: 2004
Listed By: Pikes Peak Homes Realty LLC
List Price $459,000
Est. Monthly Cost* $3,543.71
Price Drop - $40,000 off
9408 Portmarnock Court
MLS #: 8218983 More Details →
9408 Portmarnock Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $499,900 $459,900
DOM: 43
Taxes: $2,218/yr
Year Built: 2009
Listed By: Coldwell Banker Realty
List Price $459,900
Est. Monthly Cost* $3,494.55
Price Drop - $55,000 off
9419 Beryl Drive
MLS #: 3947334 More Details →
9419 Beryl Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $515,000 $460,000
DOM: 43
Taxes: $2,872/yr
Year Built: 2016
Listed By: The Cutting Edge
List Price $460,000
Est. Monthly Cost* $3,549.72
Under Contract
Price Drop - $39,900 off
9422 Fairway Glen Drive
MLS #: 2454858 More Details →
9422 Fairway Glen Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/4
Garage: 3.0
List Price: $499,900 $460,000
DOM: 28
Taxes: $4,063/yr
Year Built: 2020
Listed By: Blueprint Realty
List Price $460,000
Est. Monthly Cost* $3,648.96
11047 Shelter Creek Drive
MLS #: 7754317 More Details →
11047 Shelter Creek Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $464,950
DOM: 24
Taxes: $682/yr
Year Built: 2026
Listed By: Wild Buck Realty
List Price $464,950
Est. Monthly Cost* $3,400.12
Price Drop - $10,000 off
10112 Jaggar Way
MLS #: 2775092 More Details →
10112 Jaggar Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 3.0
List Price: $475,000 $465,000
DOM: 30
Taxes: $4,347/yr
Year Built: 2018
Listed By: Keller Williams Avenues Realty
List Price $465,000
Est. Monthly Cost* $3,705.89
Price Drop - $10,000 off
9437 Beryl Drive
MLS #: 6981318 More Details →
9437 Beryl Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $480,000 $470,000
DOM: 100
Taxes: $3,174/yr
Year Built: 2016
Listed By: Real Broker, LLC DBA Real
List Price $470,000
Est. Monthly Cost* $3,641.43
Price Drop - $25,000 off
10024 Jaggar Way
MLS #: 3058976 More Details →
10024 Jaggar Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $495,000 $470,000
DOM: 138
Taxes: $4,067/yr
Year Built: 2018
Listed By: Berkshire Hathaway HomeServices Rocky Mountain
List Price $470,000
Est. Monthly Cost* $3,715.83
7619 Old Spec Road
MLS #: 9308259 More Details →
7619 Old Spec Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 2.0
List Price: $475,000
DOM: 10
Taxes: $2,024/yr
Year Built: 2001
Listed By: PCS Partners, LLC
List Price $475,000
Est. Monthly Cost* $3,578.87
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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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