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Falcon

New construction homes for sale in Falcon, Colorado Springs, CO

13 homes

New home communities in Falcon, Colorado Springs, CO

3 communities

Recently Added Communities in Falcon, Colorado Springs, CO

Popular Communities in Falcon, Colorado Springs, CO

  1. Jome
  2. New homes search
  3. Colorado
  4. Grand Junction-Colorado Springs-Pueblo Area
  5. El Paso County
  6. Colorado Springs
  7. Falcon

Housing market in Falcon, CO

  • State
    Colorado
  • City
    Colorado Springs
  • Single family
    12
  • Townhouses
    0
  • Multi family
    0
  • Condominiums
    0
  • Active builders
    3
  • Starting price
    $479,500
  • Median price
    $533,012.5
  • Price per square foot
    $242.46

Real estate price trends

Home price data reflects 13 listings in Falcon, CO, sourced from Jome and updated regularly

*Based on Jome markets

What it's like to live in Falcon?

This residential pocket in Falcon sits east of the US-24 and Woodmen Road intersection, characterized by expansive prairie views and a transition from suburban lots to larger rural parcels. Prairie views define the horizon. The area features a mix of early 2000s builds and more recent developments, primarily consisting of single-family homes with three-car garages. Residents have access to the Woodmen Hills Community Center West and are within one mile of Falcon Elementary School. Daily essentials are found at the Safeway at Falcon Marketplace, positioned less than one mile to the west. A notable trade-off for the increased square footage is the reliance on personal vehicles, as most major regional shopping hubs along the Powers Corridor require a drive into Colorado Springs. Ongoing development in nearby filings continues to introduce Falcon new construction homes to the local inventory.

Frequently Asked Questions (FAQs)

What is the current median sale price for a property in Falcon, CO?

The real estate market in Falcon, CO, as of May 2026, shows a median sale price of $533,012 for properties. This figure includes a selection of 12 new homes constructed by 3 developers.

Who are the major developers of new construction homes in Falcon, CO?

The landscape of new construction homes in Falcon, CO, is shaped by major developers like View Homes, Richmond American Homes and Meritage Homes. They are known for their contributions to the city’s residential growth and diverse architectural styles.

Do new home communities in Falcon have Metro District taxes?

Yes, almost all new master-planned developments in this area, such as Meridian Ranch and Woodmen Hills, are located within Metropolitan Districts. These special taxing entities issue bonds to finance local infrastructure, including roads, water systems, and extensive community recreation centers. This assessment is added to your annual property tax bill, meaning the total tax rate is typically higher than in older, non-district neighborhoods. Always ask the builder for a detailed breakdown of the total tax rate.

What should buyers know about water providers for new homes in Falcon?

Unlike properties within the Colorado Springs city limits that use municipal utilities, homes in Falcon rely on localized water districts, such as the Woodmen Hills Metropolitan District or Cherokee Metropolitan District. If you are purchasing a home in a master-planned subdivision, the developer has already secured the water rights and connections. However, if you are buying a custom home on a larger acreage lot on the outskirts, you must verify if the property requires a private well and septic system.

How does living in Falcon benefit military personnel?

Falcon is strategically located in the eastern plains of El Paso County, making it a top choice for military families. Residents enjoy a highly efficient commute to Schriever Space Force Base and Peterson Space Force Base via Highway 24 and Marksheffel Road. Because of the high concentration of service members, local builders are very experienced with VA loan requirements. Many new home communities in this sector offer move-in-ready inventory designed to accommodate rapid relocation timelines.