The story of this market
The typical home in ZIP 80831 sells for about $559,999, or $200 per square foot.
Prices are down 4.92% from a year ago, which gives buyers more room to negotiate. Homes take about 89 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,409 a month.
ZIP 80831 — Peyton
The 80831 housing market is experiencing a cooling trend with a year-over-year decline in median home prices and rental rates. High inventory levels and longer days on market suggest a shift toward a more balanced or buyer-favored environment.
The area is primarily suited for families, given the high concentration of children and large number of family households in the ZIP code.
Median prices moved down 4.9% year over year.
Homes spend a median of 89 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 80831
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Colorado) — Statutory Agricultural Land Reclassification and Improvement Valuation: Under C.R.S. § 39-1-102(1.6)(a)(I), up to two acres of land directly underlying a residential improvement on agricultural parcels are segregated and assessed at residential rates (6.80% / 7. State (Colorado) — Senior and Disabled Veteran Property Tax Homestead Exemption: Exempts 50% of the first $200,000 of actual market value of the qualifying primary residential parcel from property taxation (a maximum actual value deduction of $100,000). State (Colorado) — Colorado Split Residential Property Tax Assessment Rate Structure: Imposes annual ad valorem property taxes determined using a bifurcated assessment rate system. Assessed Value = Actual (Market) Value × Assessment Rate. Beginning for tax years 2025/2026, residential property is assessed at 6.
The rental market in 80831 shows a year-over-year decrease in median rent of 7.17% as of December 2025.
Data sourced from US Census Bureau ACS estimates via United States Zip Codes.
- Great Wolf Lodge | Colorado Springs4.216.1 mi
- Urban Air Trampoline and Adventure Park4.315.3 mi
- Air City 360 Trampoline and Adventure Park4.617.1 mi
- Overdrive Raceway4.517.2 mi
- Sky Zone Trampoline Park4.314.9 mi
- The Broadmoor World Arena4.418.4 mi
- Ford Amphitheater4.217.1 mi
- Topgolf4.317.2 mi
- Norris Penrose Event Center4.319.6 mi
- Garden of the Gods Resort4.419.3 mi
- Cinemark Carefree Circle XD and IMAX4.611.5 mi
- Cottonwood Creek Park4.612.8 mi
- The Control Room4.411.1 mi
- Black Forest Regional Park4.712.7 mi
- Black Forest Section 164.78.8 mi
- Garden of the Gods Visitor & Nature Center4.819.4 mi
- U.S. Olympic & Paralympic Museum4.718.5 mi
- Colorado Springs Pioneers Museum4.718.2 mi
- National Museum of World War II Aviation4.913.9 mi
- Ghost Town Museum4.519.8 mi
- Cottonwood Creek Park4.612.8 mi
- Wolf Lake4.510.6 mi
- Black Forest Regional Park4.712.7 mi
- Black Forest Section 164.78.8 mi
- Stetson Park4.510.1 mi
- World Golf & Sand Creek Golf Course4.512.1 mi
- Cherokee Ridge Golf Course4.412 mi
- Antler Creek Golf Course3.44.6 mi
- T.J. Maxx & HomeGoods4.211.3 mi
- King Soopers Marketplace4.510.3 mi
- King Soopers410.8 mi
- Sierra4.511.2 mi
- Kohl's4.111.9 mi
- Colorado Springs Airport4.614.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.