Neighborhood Guide

Homestead Ranch

Franktown, CO 80116

Data Verified: Jul 23, 2026

About this Area

Homestead Ranch, nestled in the scenic expanse of Franktown, Colorado (Zip: 80116), embodies the quintessential Rocky Mountain lifestyle with its sprawling ranches and modern luxury homes. This affluent community, where the average sale price hovers at $904,600, attracts discerning buyers seeking privacy, space, and a serene escape from urban congestion. While local parks and dining options are not explicitly listed in the dataset, the neighborhood’s proximity to Castlewood Canyon State Park and the historic charm of downtown Franktown offer outdoor recreation and quaint eateries just a short drive away. The area’s wide-open landscapes, rolling hills, and proximity to Denver (approximately 45 minutes) make it a prime choice for those who value both tranquility and accessibility. The median household income of $151,250 reflects a community of professionals, entrepreneurs, and families who prioritize quality of life and investment potential.

Homestead Ranch showcases a blend of architectural styles, from rustic ranch-style homes to contemporary custom builds, all set on spacious lots that average 5+ acres. The average sale price of $904,600 positions the neighborhood as a high-end market segment, with properties often featuring premium finishes, open floor plans, and expansive outdoor living spaces. Lot sizes vary, but many homes sit on parcels that allow for horsekeeping, gardening, or future expansions. The real estate market here is driven by demand for privacy and land ownership, with buyers often drawn to the area’s long-term appreciation potential. While no specific architectural trends are documented, the community’s design ethos leans toward blending modern comforts with rustic Western aesthetics, appealing to both permanent residents and part-time ranch owners.

While Homestead Ranch itself is a rural enclave, residents enjoy convenient access to essential amenities in nearby Franktown and Castle Rock. Grocery shopping is available at King Soopers and Safeway in Castle Rock, just a 20-minute drive away, while healthcare needs are met by Castle Rock Adventist Hospital and Sky Ridge Medical Center. For daily conveniences, the Franktown Mercantile offers a nostalgic general store experience, and the area’s proximity to I-25 ensures quick trips to Denver for higher-end retail and dining. Though local parks and cafes are not listed in the dataset, the community’s layout encourages outdoor activities, with many homes featuring private trails or access to open space. The lack of immediate urban amenities is offset by the neighborhood’s self-sufficient ethos, where residents often prioritize land and privacy over proximity to commercial hubs.

Homestead Ranch stands out as a premier destination for buyers seeking a high-quality lifestyle in Franktown, CO, where the median household income of $151,250 underscores a community of financially stable professionals and families. The neighborhood’s average sale price of $904,600 reflects its status as a luxury real estate market, offering spacious properties on generous lots with a strong emphasis on privacy and land ownership. While amenities like local parks and dining are not explicitly documented, the area’s proximity to Castlewood Canyon State Park and the amenities of Castle Rock provide ample recreational and commercial options. For investors and homeowners alike, Homestead Ranch delivers a compelling blend of natural beauty, long-term value, and a tight-knit community vibe, making it a standout choice in the Denver metro area’s outer suburbs.

Real Estate Market
Census Macro Estimates
Median Value
$904,600
Median Rent
$2,026
Available
85
MetricZipCityCountyStateUSA
Median Sale Price$904,600$1,066,000$664,600$502,200$303,400
Median Age of Home3631293845
Homes Owned91.9%100.0%89.5%60.6%58.2%
Homes Rented2.8%0.0%5.3%30.8%31.3%
Homes Vacant5.3%0.0%5.3%8.6%10.4%
Homendo Valuation Index
Quality of Life 88
Environment 94
Education 80
Safety 89
Demographics
Population
5,393
Density
2,800.0
Median Age
49.2
Income
$151,250
StatisticZipCityCountyStateUSA
Population 5,393 40527,1525,810,774332,387,540
Median Age 49.2 45.044.837.538.7
People per Household 2.89 3.122.812.452.54
Median Household Income $151,250 N/A$129,477$92,470$78,538
Avg Income per Capita $74,777 $130,788$57,481$50,489$43,289
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index179.3179.3179.3179.3100.0
Commute Time (min)38.741.241.625.526.6
Work from Home32.8%20.3%19.0%18.8%13.5%
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 Homestead Ranch

Homestead Ranch is an affluent community with above-average earning potential located in Franktown. The neighborhood is characterized by a very high stability rate, with 91.9% 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: 49.2), creating a unique community atmosphere. With a median household income of $151,250, 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 Homestead Ranch is currently active. The median home value stands at $904,600, reflecting the desirability of the Franktown area. For investors or those looking to lease, the median rent is approximately $2,026.

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).

Homestead Ranch holds a Homendo Safety Score of 89 and an Environmental Quality Score of 94. 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 Franktown 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 Homestead Ranch is rated at 80 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).
Neighborhood Boundary
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Local Experts in 80116
WalkScore™
Walk
Car-Dependent
0
Bike
Somewhat Bikeable
19
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