Basalt, Colorado.
Typical home $1,452,631 (+7.5% in a year), asking rent $3,800 . Edwards, CO metro.
to buy the typical home at today's mortgage rate — +$4,938 (+184%) since Jan 2020.
- 1 year
- Up $101,758 +8%
- $1,350,874$1,452,631 since Sep 2025
- 5 years
- Up $448,182 +45%
- $1,004,449$1,452,631 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Basalt$7,624
- Colorado$2,777
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in Basalt, CO rose 7.5% over the past year — faster than the nation's +1.2%.
Living in Basalt, Eagle County, Colorado
Basalt is a town of 3,984 people in Eagle County. Half its households earn more than $105,855 a year and half less, against $104,096 across Eagle County; 7% of its people live below the poverty line. 59% of its homes are lived in by their owners and 41% are rented. Unemployment in Eagle County was 3.5% in August 2026, and the county had 0.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Basalt is a small town in Eagle County where residents are somewhat older than in many places and more likely than not to hold a four-year degree. Household incomes run a little above the county's, and most homes are lived in by their owners, though homes and rents both sit at the expensive end. Winters are cold and snowy, with December the coldest month, while July brings warm days, and the year as a whole is fairly dry.
Work. Many residents work in schools, hospitals and social care, and in restaurants, hotels and entertainment, with others in professional and business services or in banks, insurance and property. Among the larger workplaces in town are King Soopers, the grocery store, and Valley Lumber Basalt, a building materials supplier. Unemployment across the county is a little higher than a year ago, and the number of jobs has grown only slightly.
Things to do. The Fryingpan River runs in or beside town, a natural draw for anyone who likes time by the water. A longer drive away are the Roaring Fork River and the White River National Forest, a large protected area. Also a longer drive away, Snowmass is a ski area for winter days.
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- 1,963households
- 57%of adults have a degree
- 7%below the poverty line
- 27 mintypical commute
- 8%work from home
What residents work in
Employed residents by industry, from the Census survey. Eagle County had 35,602 jobs in 2025, 0.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 34° and lows near 9°; warmest in July, with highs near 82° and lows near 48°. About 15 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Aspen Pitkin County Airport weather station, 14 miles away (NOAA).
Largest workplaces in Basalt
- Roaring Fork139
- King SoopersSupermarkets and other grocery except convenience stores126
- Schlumberger Scherer ConstructionCarpentry-detached 1-2 family dwellings38
- Brikor AssociatesResidential construction, single-family, general contractors35
- Valley Lumber BasaltBuilding materials supply dealers22
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 5 workplaces with 20 or more staff, 360 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- LightningVery high
- Inland floodingVery high
- AvalanchesRelatively high
- LandslidesRelatively high
- WildfireRelatively moderate
- Winter weatherrelatively high in parts of BasaltRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Basalt’s census tracts, against the rest of the country; all of them together, very high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Eagle County and the Edwards, CO metro.
Basalt home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Basalt$1,452,631
- Colorado$529,013
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Basalt listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Basalt28.90%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Basalt72
New listings per month
Sellers arriving at the market.
- Basalt13
Zip codes with a Basalt address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Basalt — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.