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Falcon

Falcon

$567,941 Average Value
$256 Average Price per Sq Ft
11 Homes For Sale

A fast-growing community northeast of Colorado Springs

Situated 14 miles northeast of Colorado Springs, Falcon is a rapidly growing residential area that is appreciated for its balance of quiet living and proximity to the city at a comparably lower price point. Falcon contains several planned communities that offer a varying range of housing options and all benefit from the area’s relaxed, rural atmosphere, scenic surroundings and prime location. “Falcon is kind of its own mini city,” says Ashley Candler, Realtor with eXp Realty who has been selling homes in the area for seven years. “And it’s growing with lots of new restaurants and retail popping up. Prices are starting to go up a bit, but you can still get a lot more for your dollar here than in Colorado Springs. It’s a very easy drive to the city, too. It’s pretty close to the east side of Colorado Springs, where there’s more big box retail, and also an easy drive to two of our military bases.”

Spacious new construction and lots sizes up to five acres

Falcon’s popular planned communities, such as Woodman Hills and Meridian Ranch, feature wide, curving roads lined with sidewalks that lead to community amenities like parks and clubhouses. Here, modern new constructions with up to six bedrooms sit on tidy lots with well-manicured lawns that average a half-acre. The area’s more secluded properties can span up to five acres. Properties in Falcon range from $400,000 to $1.5 million, depending on size. “Homes are starting to move faster,” says Candler. “The last house I listed sold in two weeks. Very clean, well-priced homes are selling pretty quickly.”

The Falcon neighborhood also have massive mansions up on the hills.
The Falcon neighborhood also have massive mansions up on the hills.
There are homes on large lots of land in the Falcon neighborhood.
There are homes on large lots of land in the Falcon neighborhood.
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Falcon schools are within walking distance from several subdivisions

Students in Falcon attend Woodman Hills Elementary School, which earns an overall grade of B from Niche, and Falcon Middle School, which receives a C. Falcon High School, which earns a B-minus, has a partnership with local Pikes Peak State College for programs in Radio and Television and Multimedia Graphic Design. All three of these public schools are walkable for students living in nearby subdivisions.

Woodsmen Hills Elementary is a public elementary in Falcon.
Woodsmen Hills Elementary is a public elementary in Falcon.
Falcon Middle School is a local middle school in Falcon.
Falcon Middle School is a local middle school in Falcon.
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Endless entertainment with pools, playgrounds, BMX trails and golfing

Falcon residents are spoiled for choice when it comes to parks. The area’s master-planned communities provide a slew of green spaces and playgrounds throughout their subdivisions, often with several pools and clubhouses for more options and entertainment. Specialized parks like the Woodman Hills BMX and Disc Golf Course add to the fun. Golf lovers can spend time on the green at the 18-hole Antler Creek Golf Course, which winds through Woodman Hills and Meridian Ranch.

Local eateries, a few shops and nearby retail hubs

As with housing, this up-and-coming area will continue to see more commercial retail and dining spaces move into the area as it grows. Residents can grab groceries at Safeway and pick up their everyday essentials at Walmart. Both anchor opposite ends of the same shopping center at the intersection of East Woodman Road and Highway 24 – the two main roads used to travel to and from Colorado Springs. Several chain and local restaurants, including Red’s American Grill, find a home here, too. Red’s is popular among sports fans who like to watch games with fellow enthusiasts. Meals range from bar snacks to ribs, apart from Sundays when the establishment hosts their weekly Sunday Brunch Poker League. For a sweet treat, right across the road from Red’s is Swirly Cow Frozen Yogurt. When residents are seeking more retail options, they can drive east along Woodman Road for 12 miles and arrive at Chapel Hills Mall, or head 10 miles south on Highway 24 to find a different selection along the Powers corridor, which includes Target and Cinemark.

Enjoy some authentic Mexican food at Sonora's Taco Shop in Falcon.
Enjoy some authentic Mexican food at Sonora's Taco Shop in Falcon.
Pick up your groceries at the local Safeway in Falcon.
Pick up your groceries at the local Safeway in Falcon.
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Highway 24 takes residents straight to Colorado Springs

Most Falcon residents rely on cars to get around, as this expanding area currently has no public transportation options. Highway 24 offers a 14-mile straight shot to Colorado Springs, which takes roughly a half-hour with no traffic. There, locals can enjoy a buzzing downtown against the backdrop of the breathtaking Southern Rocky Mountains. Locals can enjoy comfort, space and a slower pace in Falcon.

Sarah Grace Vedomske
Written By
Sarah Grace Vedomske
Zack Kojoyian
Video By
Zack Kojoyian

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Christine White, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

City of Colorado Springs Municipal

23 min drive

Bus

Bad Ass Coffee

Bus

Walmart Falcon

Bus

King Soopers-Falcon

Falcon Demographics and Home Trends

Housing Trends

Median List Price
$516,410
Median Sale Price
$517,970
Median Single Family Sale Price
$517,970
Median Townhouse Sale Price
$295,000
Median 2 Bedroom Sale Price
$475,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
38
Median Home Sale Price YoY Change
57%
Average Price Per Sq Ft
$256

Neighborhood Facts

Number of Homes in Neighborhood
7,369
Number of Homes for Sale
11
Median Year Built
2005
Months of Supply
3.50
Average Single Family Home Size Sq Ft
2,288
Above the national average
1,924
Average Townhouse Size Sq Ft
1,771
Median Lot Size Sq Ft
9,583

Open Houses

  • Friday, Aug 8
    11am - 1pm

    11324 Neutra Grove, Peyton, CO 80831

    $447,000

    • 4 Beds
    • 3 Baths
    • 2,442 Sq Ft
    • 11324 Neutra Grove

    Immaculate 4-Bedroom Ranch with Mountain Views in Coveted D49 School DistrictDiscover the perfect blend of comfort, style, and location in this stunning 4-bedroom, 3-bathroom ranch home located on a premium corner lot. Boasting a spacious open floorplan and real hardwood floors throughout the main living area, this home is designed for both everyday living and entertaining.The

    Christina Whiteley Iconic Colorado Properties, LLC

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  • Saturday, Aug 9
    11am - 1pm

    15310 Coyote Haven View, Peyton, CO 80831

    $635,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 15310 Coyote Haven View
    • New 4 days ago

    Bring your animals and enjoy the freedom of country living on this expansive 7.5-acre property! This 3-bedroom, 2-bathroom single-family home offers 1,344 sq ft of comfortable living space and is perfectly set up for horses and more. The impressive 60x40' barn features a 10x15' tack room, 3 spacious indoor horse stalls, and 4 outdoor stables—3 with runs. 1 room designated for grain or hay or

    Hector Alanis PAK Home Realty

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  • Saturday, Aug 9
    12 - 3pm

    11856 Gorman Grove, Peyton, CO 80831

    $407,000

    • 3 Beds
    • 2.5 Baths
    • 1,639 Sq Ft
    • 11856 Gorman Grove

    This 3-bedroom, 3-bathroom home offers 1,639 square feet of well-used space with high ceilings and a layout designed for everyday comfort. Fresh exterior paint gives the two-story home a clean look with minimal upkeep.The main level features a bright, open living area, perfect for relaxing or hosting friends. Upstairs, you'll find the spacious primary bedroom along with two additional

    Lara Schippert Keller Williams Partners

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Christine White, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
31,079
Median Age
37
Population Density
1 person/acre
Population under 18
29.2%
Above the national average
23.8%
Population over 65
12.3%
Below the national average
19.1%

Finances

Median Household Income
$118,733
Significantly above the national average
$71,702
Average Household Income
$131,716

Education and Workforce

High School Graduates
97.6%
College Graduates
44%
Above the national average
34.1%
Advanced Degrees
14.4%
% Population in Labor Force
73.7%
Above the national average
65.1%

Weather

Annual Precipitation
24''
Average Winter Low Temperature
9°F
Average Summer High Temperature
72°F
Annual Snowfall
51''

Area Factors

Somewhat Bikeable

Bike Score®

25 / 100

Car-Dependent

Walk Score®

0 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Falcon
ERA Shields Real Estate
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