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Town comparisons › Monument vs Peyton

Monument vs Peyton

Monument and Peyton are both in El Paso County. There are 137 homes for sale in Monument and 87 in Peyton as this page loaded. Monument is the more expensive of the two: a median asking price of $824,900 against $620,000 in Peyton, about 33% higher. Homes are moving faster in Peyton — a median of 74 days on market against 87 in Monument. On months of supply both are a balanced market right now.

Side by side

MeasureMonumentPeyton
Homes for sale13787
New in last 30 days3114
Median asking price$824,900$620,000
Median price per sq ft$239$209
Median size (sq ft)3,4443,090
Median bedrooms44
Median days on market8774
Months of supply5.04.4
Sold, last 12 months331236
Median sold price$800,000$531,835
Median days to sell7282
Sold vs asking price99.0%100.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Monument is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.
Peyton is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Monument

137
Homes for sale
$824,900
Median asking price
$239
Median per sq ft
87
Median days on market

Peyton

87
Homes for sale
$620,000
Median asking price
$209
Median per sq ft
74
Median days on market

Look at either town on its own

Questions people ask

Is Monument or Peyton more expensive?

Monument is more expensive. The median asking price is $824,900 in Monument against $620,000 in Peyton. By price per square foot, Monument runs $239 and Peyton $209.

Which moves faster, Monument or Peyton?

Homes for sale in Peyton have been on the market a median of 74 days, against 87 days in Monument. Of the homes that actually closed in the last twelve months, Monument took a median of 72 days and Peyton 82.

Is Monument or Peyton the better market for a buyer?

Monument is a balanced market and Peyton is a balanced market, measured on months of supply — 5.0 months in Monument and 4.4 in Peyton. More months of supply means more choice and more room to negotiate, so on that measure Monument is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Monument and Peyton?

There are 137 homes for sale in Monument and 87 in Peyton as this page loaded, 31 and 14 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.