A typical Black Forest home is worth roughly $978,000
Home prices around Black Forest have risen about 47% over the past 5 years.
What kind of housing town is Black Forest?
Read from the numbers below. The page puts what stands out first.
A typical home costs 6.7 years of income
More than across Colorado (5.6 years). Try your own numbers below.
That’s $371K short of a typical Black Forest home.
A two-bedroom rents for about $1,810 a month here, $3,640 less than owning.
How Black Forest ranks on affordability →
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Black Forest’s typical property tax (0.39% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
96% of Black Forest households own their home
Half of Black Forest’s homes were built before 1996.
Colorado: 66% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Home prices up 47% in 5 years
The federal house price index for the ZIP codes around Black Forest rose 47% over the past 5 years, faster than across Colorado (38%). Last year prices rose 5.5%. Carrying the Census median home value forward with that index puts the typical Black Forest home at roughly $978,000 today.
Carrying the Census median forward with the index puts a typical home at about $978K.
How Black Forest ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Black Forest, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $1,810
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Colorado Springs, CO HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Black Forest vs. its neighbors
The towns that share a border with Black Forest. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Black Forest | $978K* | +5.5%† | $1,810 | $145,460 |
| Colorado Springs | $442K | −1.5% | $1,920 | $84,818 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Black Forest buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.