Falcon Highlands and Meridian Ranch are both neighbourhoods of Peyton, CO. There are 5 homes for sale in Falcon Highlands and 11 in Meridian Ranch as this page loaded. Falcon Highlands is the more expensive of the two: a median asking price of $709,000 against $595,000 in Meridian Ranch, about 19% higher. By the foot it is $195 in Falcon Highlands against $169 in Meridian Ranch. A typical home is 3,640 square feet in Falcon Highlands and 3,399 in Meridian Ranch, built around 2006 and 2015 respectively. Homes are moving faster in Falcon Highlands: a median of 36 days on the market against 105 in Meridian Ranch. Both are in the District 49 school district, so the difference between them is the assigned schools rather than the district.
| Measure | Falcon Highlands | Meridian Ranch |
|---|---|---|
| For sale today | ||
| Homes for sale | 5 | 11 |
| Median asking price | $709,000 | $595,000 |
| Cheapest home for sale | $575,000 | $489,900 |
| Dearest home for sale | $829,900 | $799,900 |
| Median price per sq ft | $195 | $169 |
| Median days on market | 36 | 105 |
| The homes themselves | ||
| Median size (sq ft) | 3,640 | 3,399 |
| Median bedrooms | 5 | 5 |
| Typical year built | 2006 | 2015 |
| What actually sold, last 12 months | ||
| Homes sold | 2 | 36 |
| Median sold price | $724,500 | $574,750 |
| Schools the homes for sale are assigned to | ||
| School district | District 49 | District 49 |
| Elementary | Falcon | Meridian Ranch |
| Middle | Falcon | Falcon |
| High school | Falcon | Falcon |
| Getting around, out of 10 | ||
| Walkability | 2/10 | 3/10 |
| Transit | 1/10 | 2/10 |
| Biking | 3/10 | 4/10 |
| Quiet | 9/10 | 7/10 |
| Calm streets | 9/10 | 7/10 |
| Getting around | 5/10 | 6/10 |
The darker figure in each row is the lower price, the shorter wait, the bigger number or the higher score — which of those is good news depends entirely on whether you are buying or selling, and on what you want from a street.
Falcon Highlands is a rural residential community in northeast El Paso County near Peyton, CO, characterized by spacious lots, open land, and a quiet, country atmosphere. Homes are spread across rolling terrain with views and privacy.
Meridian Ranch is a master-planned community in Peyton, Colorado, located in El Paso County east of Colorado Springs. The neighborhood features a mix of newer single-family homes with a suburban character, offering reasonable access to shopping and dining via nearby corridors. Residents enjoy a quieter, more rural setting while maintaining proximity to Colorado Springs' job centers and amenities.
Falcon Highlands is more expensive. The median asking price is $709,000 in Falcon Highlands against $595,000 in Meridian Ranch. By price per square foot they run $195 in Falcon Highlands and $169 in Meridian Ranch, which is the fairer comparison when the homes are different sizes.
A typical home for sale is 3,640 square feet in Falcon Highlands and 3,399 square feet in Meridian Ranch, both with a median of 5 bedrooms.
Going by the homes on the market today, Falcon Highlands is the older of the two: a typical home there was built around 2006, against 2015 in Meridian Ranch.
Homes for sale in Falcon Highlands have been listed a median of 36 days, against 105 days in Meridian Ranch. Over the last twelve months 2 homes sold in Falcon Highlands and 36 in Meridian Ranch, which is the better measure of how busy each one is.
Both are in the District 49 school district. The homes for sale in Falcon Highlands are most often assigned to Falcon Elementary, Falcon Middle, Falcon High School; in Meridian Ranch it is Meridian Ranch Elementary, Falcon Middle, Falcon High School. School assignment can change, so confirm with the district before it decides anything.
Symbio rates Meridian Ranch 3 out of 10 for walkability, against 2 for Falcon Highlands. On transit they score 1 and 2.
They are not a monthly snapshot. Both neighbourhoods are worked out from the live MLS feed every fifteen minutes and both sides are read from the same instant, so the two sides are always measured against each other rather than against different weeks. The exact moment is stamped at the foot of this page.
Both neighbourhoods come from the live MLS feed, worked out again every fifteen minutes, and both are read from the same instant, so the two sides are always comparable. Figures cover residential homes; 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 months. Schools shown are the ones the homes for sale today are assigned to and can change - check with the district before relying on them. Market data is deemed reliable but not guaranteed.
These figures were worked out from the live MLS feed at September 8, 2026 at 5:53 AM Mountain time, and are recomputed every fifteen minutes.