Neighborhood Guide

Forest Green

Elbert, CO 80106

Data Verified: Jul 4, 2026

About this Area

Forest Green in Elbert, Colorado, exudes a serene, upscale rural charm that seamlessly blends modern living with the tranquility of the Rocky Mountain foothills. Established in the late 1990s, this neighborhood was designed to offer spacious, custom-built homes on sprawling lots, often exceeding one acre, catering to families seeking privacy and natural beauty. The area’s history is rooted in its proximity to the historic Palmer Divide, a region known for its breathtaking sunrise views over the plains and its rich agricultural past. Residents here enjoy a tight-knit community vibe, where neighbors often gather for seasonal events like harvest festivals or holiday light tours, fostering a sense of belonging and camaraderie. The neighborhood’s name reflects its lush, verdant landscapes, with mature pine and oak trees dotting the properties, creating a picturesque, park-like setting that feels worlds away from the hustle of city life.

Forest Green’s real estate market is characterized by its high-end, custom-built homes that showcase a variety of architectural styles, from rustic log cabins to modern farmhouses and contemporary mountain retreats. The median home value in this neighborhood hovers around $666,800, reflecting the premium placed on privacy, land size, and premium finishes. Lots typically range from 1 to 5 acres, allowing for expansive gardens, horse corrals, or even small orchards, which are highly sought after by buyers. Many properties feature open-concept floor plans, gourmet kitchens, and large covered decks or patios, perfect for enjoying the stunning views of Pikes Peak or the rolling plains below. The market here is competitive, with homes often selling within days of listing, underscoring the desirability of this exclusive enclave.

Residents of Forest Green enjoy access to a wealth of amenities that cater to both leisure and practical needs. The neighborhood is just a short drive from the quaint town of Elbert, where locals can shop at boutique stores, dine at cozy cafes, or stock up on groceries at the Elbert Market. For outdoor enthusiasts, the nearby Jackson Creek Trail offers scenic hiking and biking opportunities, while the Cherry Creek State Park provides boating, fishing, and camping just 20 minutes away. Families appreciate the proximity to high-performing schools like Elizabeth C-1 School District, which includes award-winning elementary and middle schools. Additionally, the neighborhood is within 30 minutes of Castle Rock, a growing city with major retailers, healthcare facilities, and entertainment options, ensuring that residents have everything they need without sacrificing the peaceful country lifestyle.

Forest Green stands out as a premier destination for buyers seeking a luxurious, rural lifestyle with easy access to urban conveniences, making it a top choice in Elbert, Colorado. With a median household income of $152,554, residents enjoy financial stability and the ability to invest in high-quality homes and land. The neighborhood’s low density—estimated at 3,500 residents—ensures a quiet, uncrowded environment where families can thrive, children can play safely, and adults can unwind amidst nature. Commute times are reasonable, with Denver’s urban core reachable in under an hour via Highway 86 or I-25, allowing professionals to balance work and country living effortlessly. Whether you’re drawn to the area’s natural beauty, strong community bonds, or investment potential, Forest Green offers a rare opportunity to own a piece of Colorado’s coveted foothills.

Homendo Valuation Index
Quality of Life 85
Environment 80
Education 86
Safety 89
Demographics
Population
4,450
Density
3,500
Median Age
50.6
Income
$152,554
StatisticZipCityCountyStateUSA
Population 4,450 15027,1525,810,774332,387,540
Median Age 50.6 37.444.837.538.7
People per Household 2.44 1.972.812.452.54
Median Household Income $152,554 $56,500$129,477$92,470$78,538
Avg Income per Capita $56,849 $40,598$57,481$50,489$43,289
Real Estate Market
Median Value
$666,800
Median Rent
$1,005
Available
89
MetricZipCityCountyStateUSA
Median Sale Price$666,800$263,200$664,600$502,200$303,400
Median Age of Home3187293845
Homes Owned89.5%74.4%89.5%60.6%58.2%
Homes Rented5.2%14.0%5.3%30.8%31.3%
Homes Vacant5.3%11.6%5.3%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index147.9147.9147.9147.9100.0
Commute Time (min)37.240.341.625.526.6
Work from Home30.5%5.5%19.0%18.8%13.5%
Climate
Jan Low
18.6°
July High
80.9°
Rain
21.7"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)18.618.618.618.618.6
July Avg High (°F)80.980.980.980.980.9
Annual Precip (in)21.721.721.721.721.7
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Forest Green

Forest Green is an affluent community with above-average earning potential located in Elbert. The neighborhood is characterized by a very high stability rate, with 89.5% of residents owning their homes. This typically indicates a long-term, established neighborhood structure..

Demographically, the area tends to attract established professionals and retirees (Median Age: 50.6), creating a unique community atmosphere. With a median household income of $152,554, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Network Market Data Analysis (2026).

The real estate market in Forest Green is currently active. The median home value stands at $666,800, reflecting the desirability of the Elbert area. For investors or those looking to lease, the median rent is approximately $1,005.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 5.3%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Forest Green holds a Homendo Safety Score of 89 and an Environmental Quality Score of 80. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Elbert region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Network Market Data Analysis (2026).

The educational landscape in Forest Green is rated at 86 on the Homendo Index. Located within the Elbert County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Network Market Data Analysis (2026).
Location
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WalkScore™
Walk
Car-Dependent
0
Bike
Somewhat Bikeable
16
School Ratings

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