Basalt, CO 81621 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Basalt, CO—81621

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$1,447,000

5.8% YoY Growth

Household Income

$104,000

32.5% YoY Growth

Days on Market

27.0% Shorter YoY

Home Price Forecast

3.2%

Median Rent

$6,100

14.8% YoY Growth

1-Bed Rent

$3,000

28.6% YoY Growth

2-Bed Rent

$5,500

5.7% YoY Growth

3-Bed Rent

$6,600

3.6% YoY Growth

Home Price Trends — Basalt, CO

As of May '26, the median home price in Basalt, CO is $1,447,000, with a year-over-year change of 5.8%. This indicates that home prices in Basalt, CO are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$1,447,000	5.8%
Single Family	$1,730,000	6.6%
Condos	$886,000	3.7%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Basalt, CO

As of July '25, Rentcast reports the average rent in Basalt, CO is $5,910, with a year-over-year rent change of -14.8%. Per bedroom, the median rent as of July '25 in Basalt, CO is 1-bedrooms: $3,970, 2-bedrooms: $5,840, 3-bedrooms: $7,230, 4-bedrooms: $8,200. The most common rental property sizes in Basalt, CO are 2-bedroom and 3-bedroom, accounting for 41.7% and 33.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$6,100	$5,910
Studio Rent	N/A	N/A
1 Bed Rent	$3,000	$3,970
2 Bed Rent	$5,500	$5,840
3 Bed Rent	$6,600	$7,230
4 Bed Rent	$8,000	$8,200

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% of Rental Stock

1 Bedroom

23.3%

2 Bedrooms

41.7%

3 Bedrooms

33.0%

4 Bedrooms

1.9%

Property Listings — Basalt, CO

As of May '26, Realtor.com reports that the median days on market for a home in Basalt, CO is 95. This is a decrease of -27.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 4.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,900,000	4.0%
Listing Count	113	-3.0%
Listings as % of Homes	2.0%	-3.0%
Days on Market	95	-27.0%

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Demographics — Basalt, CO

As of the latest ACS Survey released in 2023, Basalt, CO has a population of 6,350, which has increased by 7.1% over the past 5 years. Basalt, CO is a moderately popular place for families, as children make up 19.1% of the population. The area has a highly educated workforce, with 59.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	6,350	7.1%
% Under 18	19.1%	-8.6%
% Seniors	21.7%	39.1%
% WFH	8.5%	-46.5%
% w/ College Degree	59.0%	40.5%

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As of the latest ACS Survey released in 2023, Basalt, CO is a predominantly white area, with 77.4% of the population identifying as white. The white population has grown by 11.4% in the last 5 years. The second most common race or ethnicity in Basalt, CO is hispanic, making up 17.9% of the population. Foreign-born residents account for 10.2% of the population in Basalt, CO, and this percentage has decreased by 38.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	77.4%	11.4%
% Black	0.3%	-86.4%
% Hispanic	17.9%	-35.6%
% Asian	0.7%	∞%
% Foreign Born	10.2%	-38.2%

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Mortgage and Risk — Basalt, CO

According to HUD data as of 2023, there were 111 mortgage originations in Basalt, CO, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Basalt, CO. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	111
% Conventional Loans	97.0%
% Government Loans	3.0%
% Investor Loans	3.0%
% Second Loans	16.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Basalt, CO

Basalt, CO lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$1,100	$3,000	$1,900
2 Bedroom	-$3,120	$5,500	$2,380
3 Bedroom	-$3,690	$6,600	$2,910
4 Bedroom	-$4,680	$8,000	$3,320

Basalt, CO—81621

Key Metrics at a Glance

Home Price Trends — Basalt, CO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Basalt, CO

% of Rental Stock

Property Listings — Basalt, CO

Demographics — Basalt, CO

Race and Ethnicity

Mortgage and Risk — Basalt, CO

Mortgages

Rentals and Section 8 — Basalt, CO

Section 8 Market Size

Section 8 Opportunity

Affordability — Basalt, CO

Home Price to Income Ratio

Basalt, CO — ZIP Code Boundary Map

Nearby ZIP Codes

Lenado

Snowmass Village

Snowmass Village, CO

Aspen, CO

Eagle, CO

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	11.8
Median Home Price	$1,447,000
Median Household Income	$104,000

Basalt, CO—81621

Key Metrics at a Glance

Home Price Trends — Basalt, CO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Basalt, CO

% of Rental Stock

Property Listings — Basalt, CO

Demographics — Basalt, CO

Race and Ethnicity

Mortgage and Risk — Basalt, CO

Mortgages

Rentals and Section 8 — Basalt, CO

Section 8 Market Size

Section 8 Opportunity

Affordability — Basalt, CO

Home Price to Income Ratio

Basalt, CO — ZIP Code Boundary Map

Nearby ZIP Codes

Lenado

Snowmass Village

Snowmass Village, CO

Aspen, CO

Eagle, CO

Frequently Asked Questions

What is the average home price in Basalt, CO 81621?

How have home prices in Basalt, CO 81621 changed over the past year?

What is the home price projection for Basalt, CO 81621?

What are the demographics of Basalt, CO 81621?

How long does it take homes to sell in Basalt, CO 81621?

What is the average rent price in Basalt, CO 81621?