80831 — Peyton, CO Home Values
Typical home value $544,956 as of June 2026 · 9th of 38 in Colorado Springs, CO
Blue: typical home value (Zillow ZHVI) in ZIP code 80831, June 2021 to June 2026. This page shows observed data only; no forecast.
How 80831 compares in the Colorado Springs, CO area
ZIP code 80831 (Peyton, CO) has a typical home value of $544,956 as of June 2026, ranking 9th of 38 ZIP codes tracked in the Colorado Springs, CO area, more expensive than about 79% of ZIP codes in the metro. Prices here have moved -2.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +9.0%, from $499,786 in June 2021 to $544,956 in June 2026. Against observed rent, the typical home here sells for 17.4× the annual rent ($2,615/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Colorado Springs, CO forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Colorado Springs.
Population and demographics
ZIP code 80831 has a population of 33,287, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 74.9% White, 12.5% Hispanic or Latino, 6.7% two or more races, 3.4% Black or African American, 1.5% Asian, 0.7% another race, and 0.2% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Peyton Elementary School | 13550 BRADSHAW ROAD, PEYTON, CO | 3.4 mi |
| Peyton College Academy | 18320 MAIN ST, PEYTON, CO | 3.4 mi |
| Peyton Online Academy | 18320 MAIN STREET, PEYTON, CO | 3.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 80831?
$544,956 as of June 2026, the latest month Zillow has published observed data for.
Is 80831 an expensive ZIP code in the Colorado Springs, CO area?
80831 ranks 9th of 38 ZIP codes in the Colorado Springs, CO area by typical home value, more expensive than about 79% of ZIP codes in the metro.
How much have home values in 80831 changed over the past year?
-2.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 80831?
The typical home price is 17.4× the observed annual rent in this ZIP code ($2,615/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 80831?
33,287, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 80831?
Peyton Elementary School (3.4 mi), Peyton College Academy (3.4 mi), Peyton Online Academy (3.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 80831?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Colorado Springs, CO forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.