Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
61 Basalt, CO, USA apartments for sale
Basalt
According to statistics, the population in Basalt, CO amounts to 3,849, which shows growth 2% compared to the previous year. The median age of the city’s residents is 44. The average household income is $73,490, shifting growth 2% from the past year, and the average property value in Basalt, CO growth 14% to $554,700 throughout the year.
| Population | 3,849 |
| Median Age | 43.7 |
| Poverty Rate | 6% |
| Household Income | $73,490 |
| Number Of Employees | 2,482 |
| Median Property Value | $554,700 |
Household Income
The average household income in Basalt, CO grew from $71,885 to $73,490 in the past year. This data is an estimate based upon 1,790 households in Basalt, CO . The chart below presents how household income is distributed in Basalt, CO in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Basalt, CO shifted from $488,000 to $554,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Basalt, CO in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Basalt, CO properties falls in the '$500,000 to $749,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Basalt, CO compared to median property taxes around the country. The prevalent amount of property taxes in Basalt, CO equals $3000, which is less than the national average.
Housing Trends
How much does an apartment cost in Basalt, CO, USA
Average sale in Basalt: $1,929,730 (-11.9%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| Studio for sale | $508,333 | -69.9% |
| 1 bed for sale | $1,011,545 | N/A |
| 2 bed for sale | $1,054,250 | -8.3% |
| 3 bed for sale | $1,943,529 | -33.8% |
| 4+ bed for sale | $2,656,500 | -22.9% |
During Jul 2022, the average price for an apartment in/near Basalt, CO decreased by 11.9% to $1,929,730.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $1,011,545 with no changes this month. Asking price for 2-bed apartment also decreased by 8.3% and a place of this size will now cost you $1,054,250. A 3-bed apartment goes for $1,943,529, it decreased by 33.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 22.9% and made it down to $2,656,500.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Townhouses for sale | $1,179,375 | +5.1% |
| Condos for sale | $1,602,600 | +35.8% |
| Houses for sale | $2,256,379 | -23.2% |
| Land for sale | $2,237,500 | +449.1% |
| Duplexes for sale | $500,000 | -25.7% |
Price reports demonstrate that house price decreased by 23.2% this month making it up to $2,256,379. Condos are really in demand in this season. The median price for a condo increased by 35.8%, it’s now available for $1,602,600. You can now purchase a duplex for just $500,000, duplex price decreased by 25.7% this month. The property value of townhouses increased by 5.1%, you’ll have to spend around $1,179,375 to get one.