Carbondale, CO—81623
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carbondale, CO
As of Oct '25, the median home price in Carbondale, CO is $1,338,000, with a year-over-year change of 3.5%. This indicates that home prices in Carbondale, CO are increasing. According to Zillow, the 1-year price projection is 5.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,338,000 | 3.5% |
| Single Family | $1,411,000 | 3.8% |
| Condos | $757,000 | 6.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $579,000 | 1.6% |
2 Bed | $819,000 | 5.3% |
3 Bed | $1,255,000 | 3.5% |
4 Bed | $1,859,000 | 5.0% |
| 5 Bed | $2,676,000 | 5.0% |
% of Housing Stock
Rental Trends — Carbondale, CO
As of July '25, Rentcast reports the average rent in Carbondale, CO is $5,430, with a year-over-year rent change of -13.8%. Per bedroom, the median rent as of July '25 in Carbondale, CO is studios: $2,400, 1-bedrooms: $2,750, 2-bedrooms: $4,390, 3-bedrooms: $6,670, 4-bedrooms: $6,780. The most common rental property sizes in Carbondale, CO are 3-bedroom and 2-bedroom, accounting for 32.1% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,000 | $5,430 |
| Studio Rent | $2,400 | $2,400 |
| 1 Bed Rent | $2,750 | $2,750 |
| 2 Bed Rent | $4,500 | $4,390 |
| 3 Bed Rent | $5,500 | $6,670 |
| 4 Bed Rent | $6,500 | $6,780 |
% of Rental Stock
Property Listings — Carbondale, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Carbondale, CO is 110. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,560,000 | 0.0% |
Listing Count | 127 | 15.0% |
| Listings as % of Homes | 1.0% | 15.0% |
Days on Market | 110 | 11.0% |
Demographics — Carbondale, CO
As of the latest ACS Survey released in 2023, Carbondale, CO has a population of 16,300, which has remained stable by -0.7% over the past 5 years. Carbondale, CO is a moderately popular place for families, as children make up 20.5% of the population. The area has a highly educated workforce, with 50.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,300 | -0.7% |
% Under 18 | 20.5% | -7.7% |
% Seniors | 17.4% | 30.8% |
% WFH | 12.3% | -10.2% |
% w/ College Degree | 50.4% | 13.3% |
As of the latest ACS Survey released in 2023, Carbondale, CO is a predominantly white area, with 67.4% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Carbondale, CO is hispanic, making up 28.5% of the population. Foreign-born residents account for 15.8% of the population in Carbondale, CO, and this percentage has decreased by 21.8% 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 | 67.4% | 1.7% |
% Black | 0.8% | 60.0% |
% Hispanic | 28.5% | -10.4% |
% Asian | 0.5% | 0.0% |
% Foreign Born | 15.8% | -21.8% |
Mortgage and Risk — Carbondale, CO
According to HUD data as of 2023, there were 308 mortgage originations in Carbondale, CO, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 41.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Carbondale, CO. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 308 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 3.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Carbondale, CO
Carbondale, CO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 97 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$1,020 | $2,750 | $1,730 |
| 2 Bedroom | -$2,250 | $4,500 | $2,250 |
| 3 Bedroom | -$2,480 | $5,500 | $3,020 |
| 4 Bedroom | -$3,160 | $6,500 | $3,340 |
Affordability — Carbondale, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.6 |
| Median Home Price | $1,338,000 |
| Median Household Income | $98,500 |