Basalt, CO (81621) is an affluent area with a median housing value of $1,198,300. This is over three times the national median housing value of $338,100. Furthermore, the one year appreciation rate for houses in Basalt is 15.74%, which is significantly higher than the national average of 8.27%. Despite being located in a sparsely populated region of Colorado, Basalt has seen a remarkable increase in its housing values due to its convenient location and strong economy.
The median home cost in Basalt (zip 81621) is $1,198,300. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Basalt (zip 81621) is up 19.7%.
Average Age of Homes
- The median age of Basalt (zip 81621) real estate is 24 years old
The Rental Market in Basalt (zip 81621)
- Renters make up 22.3% of the Basalt (zip 81621) population
- 1.3% of houses and apartments in Basalt (zip 81621), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.