The Local Market Report
Basalt, CO 81621
Single-Family Homes
jordie.karlinski@compass.com | 970-274-1255
Basalt, CO 81621
Thu Nov 12 2026
This week the median list price for Basalt, CO 81621 is $2,622,500 with the market action index hovering around 25. This is an increase over last month's market action index of 24. Inventory has decreased to 38.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $2,622,500 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $900 | |
| Average Days on Market | 188 | |
| Median Days on Market | 151 | |
| Price Decreased | 45% | |
| Price Increased | 0% | |
| Relisted | 3% | |
| Inventory | 38 | |
| Median Rent | ||
| Market Action | 25 | |
| Slight Buyer's Advantage | ||
We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $5,875,000 | 4,259 | 10 - 20 acres | 4 | 4.4 | 35 | 0 | 0 | 133 |
| $3,100,000 | 2,713 | 0.5 - 1 acre | 4 | 3 | 31 | 0 | 1 | 119 |
| $2,384,500 | 2,832 | 8,000 - 10,000 sqft | 4 | 3.5 | 31 | 0 | 0 | 217 |
| $1,725,000 | 1,958 | 0.5 - 1 acre | 3 | 2.5 | 33 | 0 | 3 | 140 |