Falcon North Real Estate and Area Information
Located northeast of Colorado Springs the Falcon North area is a growing community offer homes located on larger lots. Although this area seems to be farther out than most areas in Colorado Springs it is conveniently located by shops, dining and entertainment developments located in Falcon while also only a short drive to Colorado Springs, Peterson AFB, Shreiver AFB, and Ft. Carson.
Falcon North Area Home Search and Market Information
Major Zip Codes: 80831
School District: Falcon District 49
Major Neighborhoods: Meridian Ranch, Forest Meadows, Woodmen Hills, Paint Brush Hills
Average Home Price: Approx $330,000
Home Price Range: Approx. $200,000-$600,000
Falcon North Neighborhood Aerial Tours
Meridian Ranch
Falcon North Real Estate Market Trends
All real estate is local, and conditions for the Colorado Springs real estate market can change dramatically between individual areas, neighborhoods, and price points. Understanding the market dynamics involved in the broader real estate market, the individuals areas, the specific Colorado Springs neighborhood and specific home price point becomes critical when you end up putting an offer in on your next Colorado Springs home.
Total Sales
The chart to the right shows the total number of home sales for the entire Falcon North area year over year. This helps give a very basic feel for home sale activity trends in the broader Falcon North area.
Total Falcon North home Sales Year over year
Average Sales Price
The chart to the right shows the year over year average sales price for homes in the broader Falcon North area. This shows the basic trend of home values for the entire Falcon North area.
Average Home Sales Price for Falcon north Area
Average Days on Market before Selling
The chart to the right shows the average days a home was on the market before it went under contract. When for sale home inventory levels are high we are in a buyers market and the average days on market will be higher with downward pressure on prices. With lower inventory levels the ave days on market will be lower, a sellers market, with upward pressure on home prices.
Average days on the Market before going under contract
Neighborhoods in the Falcon North Area
Laura's Falcon North Area Blogs
Historically, the choice between renting or buying a home has been a tough decision.
Looking at the percentage of income needed to rent a median-priced home today (28.8%) vs. the percentage needed to buy a median-priced home (17.1%), the choice becomes obvious.
Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!