Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Basalt area can be challenging. Home prices in Basalt are now at a median cost of $642,049, higher than the Colorado average of $430,259.
The average cost of rent is $1,818/mo in Basalt, primarily driven by the current value of real estate in the Basalt area. While nearly 40.95% of residents own their homes outright in Basalt, 27.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in Basalt is $7,853 per month. Households that rent pay about 23.15% of their income on rent here. Basalt's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- El Jebel, CO: higher priced homes
- Snowmass, CO: higher priced homes
- Carbondale, CO: higher priced homes
- Emma, CO: higher priced homes
- Woody Creek, CO: higher priced homes
- Snowmass Village, CO: higher priced homes
- Ruedi, CO: higher priced homes
- Cattle Creek, CO: higher priced homes
- Norrie, CO: higher priced homes
- Aspen, CO: higher priced homes
Cities with Similar Populations
- Fair Plain, MI: less expensive homes
- Ormond-by-the-Sea, FL: less expensive homes
- Erwin, NC: less expensive homes
- Oneida, TN: less expensive homes
- Old Greenwich, CT: higher priced homes
- Olathe, CO: less expensive homes
- Oelwein, IA: less expensive homes
- Exeter, RI: less expensive homes
- Oconto, WI: less expensive homes
- Epping, NH: less expensive homes
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