
Falcon, CO Housing Market
$456,757
2.1% 1-yrThe average Falcon, CO home value is $456,757, down 2.1% over the past year, and homes go to pending in around 41 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Falcon Key Takeaways
Typical Home Values: $456,757
1-Year Value Change: -2.1%
(Data through August 31, 2026)
Falcon Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Cimarron Hills$390,410
- Powers$455,321
- East Colorado Springs$383,797
- Southeast Colorado Springs$324,318
- Northeast Colorado Springs$432,913
- Central Colorado Springs$357,333
- Downtown--
- Briargate$563,269
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Falcon Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Colorado Springs, CO?
The neighborhoods with the highest median home values in Colorado Springs, CO include: Flying Horse ($850,414), Northgate ($674,964), Southwest Colorado Springs ($671,444), Northwest Colorado Springs ($581,203), Briargate ($563,269).
What are the most affordable neighborhoods in Colorado Springs, CO?
The neighborhoods with the lowest median home values in Colorado Springs, CO include: Southeast Colorado Springs ($324,318), Central Colorado Springs ($357,333), Old Colorado City ($378,859), East Colorado Springs ($383,797), Cimarron Hills ($390,410).


