Market Report

Basalt, CO 81621

Single-Family Homes

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Basalt, CO 81621

Sat Mar 28 2026
This week the median list price for Basalt, CO 81621 is $3,300,000 with the market action index hovering around 27. This is an increase over last month's market action index of 25. Inventory has held steady at or around 24. Click here to stay informed with the Basalt market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Basalt, CO 81621

Sat Mar 28 2026
This week the median list price for Basalt, CO 81621 is $3,300,000 with the market action index hovering around 27. This is an increase over last month's market action index of 25. Inventory has held steady at or around 24. Click here to stay informed with the Basalt market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Basalt market.
Median List Price $3,300,000
Median Price of New Listings $2,650,000
Per Square Foot $1,013
Average Days on Market 187
Median Days on Market 147
Price Decreased 17%
Price Increased 0%
Relisted 4%
Inventory 24
Median Rent
Market Action 27
Slight Buyer's Advantage

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$7,682,500 4,227 N/A 4 5 25 0 0 220
$3,487,500 3,621 1 - 2.5 acres 4 5 30 0 0 140
$2,824,500 3,076 6,500 - 8,000 sqft 4 4.5 28 1 0 157
$2,050,157 2,473 0.5 - 1 acre 3 3 30 0 1 91