Is 80831 a buyer or seller market?
Right now, 80831 (Falcon & Woodmen Hills) is a balanced market.
53%
of listings sell (vs expire)
97.0%
sold vs original list
52.4%
got a seller concession
Based on 48 closed and 42 failed listings, trailing 90 days. Full demand and concessions data.

How 80831 holds value

Compare all zips →
5.71%
of homes sold last year (turnover)
-2.8%
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 · $530,000
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

285 + 65 Active + Under Contract
$625,636 Avg List Price
72 Avg Days on Market
$200,000 Lowest Price
$2,900,000 Highest Price

Closed Sales - Last 30 Days

48 Sold
$522,027 Avg Close Price
95.6% Avg Close-to-Original List
97.0% 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 (0.4%)
$300K - $450K
52 (18.2%)
$450K - $600K
120 (42.1%)
$600K+
112 (39.3%)

Property Types

Single Family
284 (99.6%)
Townhouse
1 (0.4%)

Bedrooms

3
2 bd
82
3 bd
94
4 bd
86
5 bd
20
6+ bd
350 results · Page 20 of 24
Under Contract
Price Drop - $21,000 off
7157 Mitchellville Way
MLS #: 9102723 More Details →
7157 Mitchellville Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $720,000 $699,000
DOM: 25
Taxes: $4,518/yr
Year Built: 2013
Listed By: REMAX PROPERTIES
List Price $699,000
Est. Monthly Cost* $5,276.95
Price Drop - $40,000 off
10152 Boulder Creek Way
MLS #: 6707412 More Details →
10152 Boulder Creek Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 4.0
List Price: $740,000 $700,000
DOM: 51
Taxes: $4,294/yr
Year Built: 2018
Listed By: Realty One Group Premier
List Price $700,000
Est. Monthly Cost* $5,264.98
10862 Torreys Peak Way
MLS #: 6888047 More Details →
10862 Torreys Peak Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $700,000
DOM: 7
Taxes: $3,853/yr
Year Built: 2006
Listed By: Realty One Group Premier
List Price $700,000
Est. Monthly Cost* $5,228.23
Price Drop - $45,000 off
16010 Connies Drive
MLS #: 9993380 More Details →
16010 Connies Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 2.0
List Price: $745,000 $700,000
DOM: 91
Taxes: $2,466/yr
Year Built: 1994
Listed By: Price & Co. Real Estate
List Price $700,000
Est. Monthly Cost* $5,112.64
Under Contract
Price Drop - $125,000 off
12613 Granite Ridge Drive
MLS #: 5146970 More Details →
12613 Granite Ridge Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 7/4
Garage: 4.0
List Price: $825,000 $700,000
DOM: 83
Taxes: $3,297/yr
Year Built: 2024
Listed By: Keller Williams Partners
List Price $700,000
Est. Monthly Cost* $5,181.87
12620 Enclave Scenic Drive
MLS #: 8335059 More Details →
12620 Enclave Scenic Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $701,500
DOM: 8
Taxes: $4,442/yr
Year Built: 2022
Listed By: Real Broker, LLC DBA Real
List Price $701,500
Est. Monthly Cost* $5,287.26
Price Drop - $20,000 off
11263 Foxwell Way
MLS #: 5904007 More Details →
11263 Foxwell Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 5.0
List Price: $729,000 $709,000
DOM: 83
Taxes: $4,727/yr
Year Built: 2011
Listed By: Inside Edge Real Estate Inc
List Price $709,000
Est. Monthly Cost* $5,360.92
Price Drop - $10,000 off
4605 Windmill Flats Court
MLS #: 9079518 More Details →
4605 Windmill Flats Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 3/2
Garage: 2.0
List Price: $725,000 $715,000
DOM: 60
Taxes: $2,487/yr
Year Built: 2008
Listed By: Resident Realty North Metro LLC
List Price $715,000
Est. Monthly Cost* $5,214.19
Under Contract
Price Drop - $10,000 off
9813 Fairway Glen Drive
MLS #: 5140052 More Details →
9813 Fairway Glen Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/4
Garage: 3.0
List Price: $729,999 $719,999
DOM: 114
Taxes: $5,296/yr
Year Built: 2020
Listed By: Exp Realty LLC
List Price $719,999
Est. Monthly Cost* $5,481.47
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MLS #: 8082663 More Details →
10869 Morning Hills Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/4
Garage: 4.0
List Price: $724,258
DOM: 0
Taxes: $1,200/yr
Year Built: 2026
Listed By: Reunion Realty LLC
List Price $724,258
Est. Monthly Cost* $5,168.51
11386 San Luis Peak Way
MLS #: 9325289 More Details →
11386 San Luis Peak Way, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 3.0
List Price: $725,000
DOM: 16
Taxes: $4,300/yr
Year Built: 2013
Listed By: Engel & Voelkers Pikes Peak
List Price $725,000
Est. Monthly Cost* $5,431.78
11745 Fort Worth Road
MLS #: 6934158 More Details →
11745 Fort Worth Road, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 6/4
Garage: 3.0
List Price: $725,000
DOM: 0
Taxes: $3,149/yr
Year Built: 1998
Listed By: 8Z Real Estate LLC
List Price $725,000
Est. Monthly Cost* $5,335.83
Price Drop - $60,000 off
9631 Keating Drive
MLS #: 8272710 More Details →
9631 Keating Drive, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 4/3
Garage: 5.0
List Price: $785,000 $725,000
DOM: 97
Taxes: $3,648/yr
Year Built: 2005
Listed By: REMAX PROPERTIES
List Price $725,000
Est. Monthly Cost* $5,377.46
13039 Monument Vista Drive
MLS #: 3723809 More Details →
13039 Monument Vista Drive, Falcon
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $737,861
DOM: 87
Taxes: $2,887/yr
Year Built: 2026
Listed By: Campbell Homes, LLC
List Price $737,861
Est. Monthly Cost* $5,399.59
Price Drop - $20,000 off
12637 Clark Peak Court
MLS #: 7623005 More Details →
12637 Clark Peak Court, Peyton
Type: Single Family
Zip: 80831
Beds/Baths: 5/3
Garage: 3.0
List Price: $769,000 $749,000
DOM: 113
Taxes: $3,950/yr
Year Built: 2019
Listed By: Realty One Group Premier
List Price $749,000
Est. Monthly Cost* $5,562.25
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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 285 active residential listings ranging from $200,000 to $2,900,000, with an average list price of $625,636. Homes in this area average 72 days on market. In the last 30 days, 48 homes sold in 80831 at an average close price of $522,027, with buyers paying an average of 95.6% 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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