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 7 of 24
Under Contract
10932 Checo Way
MLS #: 6367969 More Details →
10932 Checo Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $475,000
DOM: 27
Taxes: $3,403/yr
Year Built: 2018
Listed By: The Cutting Edge
List Price $475,000
Est. Monthly Cost* $3,693.74
Under Contract
13230 Valley Peak Drive
MLS #: 2132368 More Details →
13230 Valley Peak Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $477,000
DOM: 29
Taxes: $3,823/yr
Year Built: 2026
Listed By: Kerrie Ann Young
List Price $477,000
Est. Monthly Cost* $3,742.08
Price Drop - $70,000 off
10119 Hartwood Drive
MLS #: 9895784 More Details →
10119 Hartwood Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $549,950 $479,950
DOM: 175
Taxes: $0/yr
Year Built: 2026
Listed By: SH Realty Inc
List Price $479,950
Est. Monthly Cost* $3,443.12
Price Drop - $19,900 off
11559 Cranston Drive
MLS #: 5231686 More Details →
11559 Cranston Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $499,900 $480,000
DOM: 76
Taxes: $2,812/yr
Year Built: 1994
Listed By: Real Broker, LLC DBA Real
List Price $480,000
Est. Monthly Cost* $3,677.78
Price Drop - $9,100 off
8275 Fort Smith Road
MLS #: 9892131 More Details →
8275 Fort Smith Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/3
Garage: 2.0
List Price: $491,000 $481,900
DOM: 20
Taxes: $2,346/yr
Year Built: 2001
Listed By: The Cutting Edge
List Price $481,900
Est. Monthly Cost* $3,651.58
13512 Arriba Drive
MLS #: 6280289 More Details →
13512 Arriba Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 2.0
List Price: $482,642
DOM: 36
Taxes: $682/yr
Year Built: 2026
Listed By: The Landhuis Brokerage & Mangement Co
List Price $482,642
Est. Monthly Cost* $3,517.82
Under Contract
13614 Nederland Drive
MLS #: 5165246 More Details →
13614 Nederland Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/4
Garage: 2.0
List Price: $484,228
DOM: 36
Taxes: $619/yr
Year Built: 2026
Listed By: The Landhuis Brokerage & Mangement Co
List Price $484,228
Est. Monthly Cost* $3,523.18
Price Drop - $5,000 off
6885 Sphinx Court
MLS #: 7781904 More Details →
6885 Sphinx Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 2.0
List Price: $489,900 $484,900
DOM: 188
Taxes: $1,298/yr
Year Built: 1993
Listed By: The Platinum Group
List Price $484,900
Est. Monthly Cost* $3,584.18
Price Drop - $10,000 off
11985 Sunset Crater Drive
MLS #: 4078441 More Details →
11985 Sunset Crater Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $495,000 $485,000
DOM: 76
Taxes: $2,358/yr
Year Built: 2010
Listed By: Red Bow Realty
List Price $485,000
Est. Monthly Cost* $3,673.24
Price Drop - $15,000 off
8183 Gladwater Road
MLS #: 7401958 More Details →
8183 Gladwater Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 2.0
List Price: $500,000 $485,000
DOM: 37
Taxes: $2,045/yr
Year Built: 2001
Listed By: Flat Rate Realty Group LLC
List Price $485,000
Est. Monthly Cost* $3,647.10
Price Drop - $20,900 off
10614 Mt Emerald Drive
MLS #: 4366660 More Details →
10614 Mt Emerald Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $509,900 $489,000
DOM: 110
Taxes: $3,410/yr
Year Built: 2016
Listed By: RE/MAX Real Estate Group LLC
List Price $489,000
Est. Monthly Cost* $3,787.48
Price Drop - $40,000 off
9745 Porch Swing Lane
MLS #: 9053178 More Details →
9745 Porch Swing Lane, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 2.0
List Price: $529,900 $489,900
DOM: 165
Taxes: $4,046/yr
Year Built: 2020
Listed By: Real Metro Realty
List Price $489,900
Est. Monthly Cost* $3,846.50
Price Drop - $60,000 off
8222 Lemon Grass Road
MLS #: 5555964 More Details →
8222 Lemon Grass Road, Falcon
Type: Single Family
Zip: 80831
Beds/Baths: 3/3
Garage: 2.0
List Price: $549,900 $489,900
DOM: 104
Taxes: $1/yr
Year Built: 2026
Listed By: New Home Star LLC
List Price $489,900
Est. Monthly Cost* $3,509.42
Price Drop - $35,000 off
4175 Feather Ridge Drive
MLS #: 4088894 More Details →
4175 Feather Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 4.0
List Price: $525,000 $490,000
DOM: 11
Taxes: $1,835/yr
Year Built: 1996
Listed By: RE/MAX Real Estate Group LLC
List Price $490,000
Est. Monthly Cost* $3,662.89
Under Contract
15715 Connies Drive
MLS #: 2183281 More Details →
15715 Connies Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 2.0
List Price: $490,000
DOM: 16
Taxes: $2,357/yr
Year Built: 1955
Listed By: The Cutting Edge
List Price $490,000
Est. Monthly Cost* $3,706.40
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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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