Falcon Real Estate

About Falcon

Look below for up-to-date Falcon homes for sale! Located outside of the Colorado Springs city limits, this growing exurb has been garnering a lot of attention in the past few years. With plenty of room to grow, there's been a tremendous amount of new construction communities developed in the area, especially since the mid-1990s. Once a quiet, far-reaching ranching community, the recent rapid growth in population has brought with it an abundance of new houses, retail centers, and schools, while still offering gorgeous, wide-open views of the countryside and sky that the area is most commonly known for. For more information regarding Falcon properties for sale or to organize a private tour, contact your Falcon real estate experts today.

Falcon Real Estate Statistics
Total Listings 453
Average Price $627,154
Highest Price $5,990,000
Lowest Price $259,999

Search Homes For Sale In Falcon, Colorado Springs

184 Properties Found. Page 1 of 13.
Homes for Sale in Peyton, CO
Est. Monthly Payment $5,751/mo

12955 Sunrise Ridge DrivePeyton, CO 80831

$880,000 Active

  • 4 Beds
  • 4 Baths
  • 3,410 SqFt
  • .52 Ac

MLS® # 6384751

Homes for Sale located at 13410 New Ranch Drive, in the city of Peyton, CO 80831
Est. Monthly Payment $4,762/mo

13410 New Ranch DrivePeyton, CO 80831

$700,000 Active

  • 4 Beds
  • 3 Baths
  • 3,706 SqFt
  • .21 Ac

MLS® # 7058969

Residential Real Estate for Sale located in the neighborhood of Rolling Hills Ranch at Meridian Ranch, in the city of Peyton, CO
Est. Monthly Payment $4,410/mo

10818 Foggy Bend LanePeyton, CO 80831

$694,500 Active

  • 4 Beds
  • 4 Baths
  • 3,693 SqFt
  • .19 Ac

MLS® # 2996301

Peyton Real Estate - MLS # 6495793, Residential real estate for Sale in Rolling Hills Ranch at Meridian Ranch, MLS Listings # 6495793
Est. Monthly Payment $4,158/mo

10522 Rolling Peaks DrivePeyton, CO 80831

$625,000 Active

  • 5 Beds
  • 3 Baths
  • 3,176 SqFt
  • .16 Ac

MLS® # 6495793

MLS #7760419 for Sale at 8654 Champie Road, in the city of Peyton, 80831
Est. Monthly Payment $3,582/mo

8654 Champie RoadPeyton, CO 80831

$550,000 Active

  • 3 Beds
  • 3 Baths
  • 4,066 SqFt
  • ½ Ac

MLS® # 7760419

Peyton Homes for Sale in the neighborhood of Rolling Hills Ranch at Meridian Ranch in the Zipcode of 80831
Est. Monthly Payment $4,137/mo
VA Assumable

11045 Rolling Mesa DrivePeyton, CO 80831

$608,000 Active

  • 4 Beds
  • 3 Baths
  • 3,560 SqFt
  • .24 Ac

MLS® # 1062389

Residential Real Estate for Sale at 10805 Foggy Bend Lane in the city of Peyton by MLS #5818470
Est. Monthly Payment $4,435/mo

10805 Foggy Bend LanePeyton, CO 80831

$698,500 Active

  • 4 Beds
  • 4 Baths
  • 4,114 SqFt
  • .17 Ac

MLS® # 5818470

MLS Number 5739488 in the city of Peyton Homes for Sale by Rolling Hills Ranch at Meridian Ranch, the zipcode of 80831
Est. Monthly Payment $4,441/mo

10865 Foggy Bend LanePeyton, CO 80831

$699,500 Active

  • 4 Beds
  • 4 Baths
  • 4,487 SqFt
  • ¼ Ac

MLS® # 5739488

7514 Teocalli Point, in the city of Peyton Real Estate in CO by Courtyards at Woodmen Hills West
Est. Monthly Payment $2,773/mo

7514 Teocalli PointPeyton, CO 80831

$420,000 Active

  • 4 Beds
  • 3 Baths
  • 2,042 SqFt
  • .11 Ac

MLS® # 7259327

Residential for Sale by 12784 Pine Valley Circle in the Peyton, located in the neighborhood of Woodmen Hills
Est. Monthly Payment $3,188/mo

12784 Pine Valley CirclePeyton, CO 80831

$484,000 Active

  • 6 Beds
  • 4 Baths
  • 2,844 SqFt
  • .19 Ac

MLS® # 5444377

4495204, Residential, 13256 Park Meadows Drive, Peyton, CO, Meridian Ranch, 80831
Est. Monthly Payment $3,514/mo

13256 Park Meadows DrivePeyton, CO 80831

$519,900 Active

  • 5 Beds
  • 3 Baths
  • 2,892 SqFt
  • .16 Ac

MLS® # 4495204

9500496, Residential, 13255 Valley Peak Drive, Peyton, CO, Rolling Hills Ranch at Meridian Ranch, 80831
Est. Monthly Payment $3,626/mo

13255 Valley Peak DrivePeyton, CO 80831

$512,990 Active

  • 3 Beds
  • 3 Baths
  • 2,967 SqFt
  • .14 Ac

MLS® # 9500496

1238437, Residential, 10725 Morning Hills Drive, Peyton, CO, Rolling Hills Ranch at Meridian Ranch, 80831
Est. Monthly Payment $4,429/mo

10725 Morning Hills DrivePeyton, CO 80831

$697,500 Active

  • 4 Beds
  • 3 Baths
  • 3,941 SqFt
  • .27 Ac

MLS® # 1238437

6392830, Residential, 13214 Crooked Hill Drive, Peyton, CO, Rolling Hills Ranch at Meridian Ranch, 80831
Est. Monthly Payment $3,332/mo

13214 Crooked Hill DrivePeyton, CO 80831

$499,500 Active

  • 3 Beds
  • 2 Baths
  • 1,744 SqFt
  • .17 Ac

MLS® # 6392830

7746680, Residential, 10932 Rolling Mesa Drive, Peyton, CO, Rolling Hills Ranch at Meridian Ranch, 80831
Est. Monthly Payment $5,439/mo

10932 Rolling Mesa DrivePeyton, CO 80831

$800,000 Active

  • 4 Beds
  • 5 Baths
  • 5,839 SqFt
  • .22 Ac

MLS® # 7746680

Falcon Market Statistics

As of May 15, 2026 there are 184 active listings in or near Falcon with an average asking price of $581,847. The lowest listing price is $329,999, while the highest listing price is $1,200,000. These Falcon homes have an average of 4 bedrooms, 3 bathrooms, and approximately 3,234 square feet of interior space, with an average price per square foot of $188. Let's get you in a new home today! Get in touch at (719) 338-7294.

Falcon Real Estate Market

Falcon real estateFalcon real estate is especially great for growing families. Here you'll find a number of larger, gently used or brand new single-family houses situated on quarter-acre to half-acre lots. You will enjoy considerably large floorplans, offering up multiple bed and bathrooms, spacious living rooms, large kitchens, his and her vanities in the bathrooms, and much more. While each builder showcases something a little something different in the architecture of these homes, the styles found in this area are generally Traditional, with a mix of Ranchers, two, or three stories.

New master-planned communities are being constructed at the northern end of Falcon. The neighborhood to the north of Meridian Ranch Elementary School is being developed on a large scale. With great amenities such as schools, shopping, and dining just minutes away in the town center of Falcon, you'll have the country lifestyle within minutes of modern amenities.

As you follow Meridian Road to the north, turn right on Rex Road and you'll see new communities that are just waiting for you to pick that ideal spot for your house. On the south side of Rex Road, there are more affordable homes in a typical suburban neighborhood. These homes have about 4,000 square feet of living space, with 5 bedrooms and 3-4 bathrooms. These are perfect for larger families looking for a comfortable living space while still having room for guests.

On the northern side of Rex Road, you'll still find newer homes, but these are on an acre or so of land. These stately homes range in size and styles because many of these properties are custom designed homes. However, the rancher-style of house is common in this area, with about 5,000 square feet of living space. The yards have minimal landscaping allowing for an open prairie feel. With expansive views of the mountains, these properties are a must if you are looking for a newer acreage home.

Falcon homes are close to the following military bases

  • Peterson Air Force Base - 15 minute drive
  • Schriever Air Force Base – 20 minute drive
  • United States Air Force Academy - 23 minute drive
  • Fort Carson – 33 minute drive
  • Cheyenne Mountain Air Force Base - 37 minute drive

Falcon Community Amenities

What's really great about living in Falcon is that there's always something new being added to the community. Just before the intersection of Highway 24 and E. Woodmen Road you'll find the Falcon Highlands Marketplace and Falcon Town Center, which include a number of the nation's top big-box stores like Walmart and Walgreens, and a few smaller retail chains like Papa Murphy's, Safeway, and Dollar Tree. There's also a small branch of the Pikes Peak Library located near the retail centers as well as the Rock Island Trail head, which offers convenient parking for those taking advantage of the mixed-use Rock Island Trail.

Falcon Local Schools

Students living in Falcon can attend schools in School District 49, serving east Colorado Springs and the Falcon area of El Paso County. Some schools that your child may be assigned to, if you live in this area, include:

  • Elementary: Woodman Hills Elementary & Falcon Elementary School
  • Middle: Falcon Middle School
  • High: Falcon High School

Your Falcon Real Estate Specialists

Planning to buy or sell a home in Falcon? Have the Military Home Search team work for you! Whether you're searching from home or abroad, we can help you find the perfect home near your base in the Colorado Springs area! As your neighborhood real estate agents, we're well-versed in the unique market dynamics of Falcon real estate.

Connect with Military Homes Search to learn more about representation for buyers and sellers in Falcon. Preparing to sell your Falcon home? View our comparative market analysis page to receive a free home evaluation within moments.

Search Homes For Sale in Falcon CO

Pikes Peak Association of Realtors LogoThe 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.