Basalt—83218
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Basalt
Basalt lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Basalt
Basalt lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Basalt
Basalt lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $544,000 | N/A |
Listing Count | 2 | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | 56 | N/A |
Demographics — Basalt
As of the latest ACS Survey released in 2023, Basalt has a population of 520, which has increased by 59.0% over the past 5 years. Basalt is a popular place for families, as children make up 32.5% of the population. The area has a poorly educated workforce, with 11.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 520 | 59.0% |
% Under 18 | 32.5% | 11.7% |
% Seniors | 11.9% | -35.0% |
% WFH | 13.8% | 557.1% |
% w/ College Degree | 11.5% | 33.7% |
As of the latest ACS Survey released in 2023, Basalt is a predominantly white area, with 75.0% of the population identifying as white. The white population has shrunk by 11.8% in the last 5 years. The second most common race or ethnicity in Basalt is hispanic, making up 14.6% of the population. Foreign-born residents account for 5.8% of the population in Basalt, and this percentage has increased by 26.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.0% | -11.8% |
% Black | 0.0% | N/A |
% Hispanic | 14.6% | 14.1% |
% Asian | 0.6% | ∞% |
% Foreign Born | 5.8% | 26.1% |
Mortgage and Risk — Basalt
Basalt lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Basalt
Basalt 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 | N/A | N/A | $770 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | N/A | N/A | $1,420 |
| 4 Bedroom | N/A | N/A | $1,700 |
Affordability — Basalt
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $71,500 |