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Basalt, CO

Full City Profile · Colorado · Garfield County County

3.0 /5.0
B Good
3,995 Population 1,978/sq mi density
$106,000 Median Income $67,402 per capita
$1,148,100 Home Value $1,399,878 Zillow
$2,188 Median Rent 22.5% income on rent
43°F Avg Temperature 330 sunny days/yr
24 Violent Crime/100K 238 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$106,000 median income, 2.3% unemployment
F
Affordability
1.0 / 5.0
$1,148,100 home value, $2,188/mo rent
F
Safety
1.0 / 5.0
24 violent crimes/100K
A+
Education
5.0 / 5.0
59.3% bachelor's degree or higher

Housing Overview

Median Home Value
$1,148,100
307% above
US avg: $281,900
Median Rent
$2,188/mo
88% above
US avg: $1,163/mo
Homeownership Rate
58.2%
11% below US avg (65.4%)
Total Housing Units
2,180
Median year built: 1994

Home Value by Source

Census Median
$1,148,100
Zillow (ZHVI)
$1,399,878
Median Sale Price
$1,437,500
Median List Price
$998,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

58.2%
Owner-Occupied
41.8%
Renter-Occupied
58%
42%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,083/mo
1 Bedroom
$1,161/mo
2 Bedroom
$1,429/mo
3 Bedroom
$1,861/mo
4 Bedroom
$2,178/mo
Census median rent: $2,188/mo · Zillow rent: $5,050/mo

Market Indicators (Redfin)

Median Days on Market
137 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
8.2%
of listings with price reduction
Price Per Sq Ft
$728
Active Inventory
49
homes for sale

Affordability & Housing Stock

Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
58.2%

Complete Housing Data

Home Values

Census Median Value$1,148,100
Zillow Home Value (ZHVI)$1,399,878
Median Sale Price$1,437,500
Median List Price$998,000
Price Per Sq Ft$728

Rent

Census Median Rent$2,188
Zillow Rent (ZORI)$5,050
FMR Studio$1,083
FMR 1-Bedroom$1,161
FMR 2-Bedroom$1,429
FMR 3-Bedroom$1,861
FMR 4-Bedroom$2,178

Market

Days on Market137
Sale-to-List Ratio0.9%
Price Drops8.2%
Homes Sold2
Active Inventory49
Price Per Sq Ft$728

Ownership & Stock

Owner-Occupied58.2%
Renter-Occupied41.8%
Homeownership Rate58.2%
Total Housing Units2,180
Median Year Built1994
Rent Burden22.5%