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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.
|Number Of Employees||2,482|
|Median Property Value||$554,700|
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.
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.
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.
|Apartment Size||Jun||vs Last Month|
|2 bed apartments||$565,000||N/A|
|3 bed apartments||$2,565,000||-14.4%|
|4+ bed apartments||$922,857||-2.3%|
During Jun 2021, the average price for an apartment in/near Basalt, CO decreased by 11% to $1,128,125.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $565,000. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $2,565,000. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $922,857 for a big-family home.
|Listing Type||Jun||vs Last Month|
|Townhouses for sale||$2,565,000||+354%|
|Houses for sale||$1,194,000||+26.3%|
|Duplexes for sale||$2,998,000||N/A|
|Apartments for sale||$245,000||N/A|
While assessing the property pricing Basalt, CO, you can note that it remains flat with a price tag of $245,000. According to statistics, average house is still $1,194,000 with no significant changes this month. An average value of duplex is $2,998,000, thus a median price for a duplex remains the same this month. Value of the townhouses didn’t change, the price still starts at $2,565,000.
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