Single-family Foreclosures in Basalt, CO 81621

Current Market Conditions in Basalt, CO

The real estate market in Basalt is characterized by a combination of high demand and limited inventory, leading to competitive prices. Properties typically range from homes with stunning views to townhouses with modern amenities, appealing to a variety of buyers.

Current trends indicate a steady increase in property values, fueled by the area's desirability and the influx of both residents and second-home buyers. Investors can expect a vibrant rental market, particularly for short-term rentals catering to tourists year-round.

Rent Prices In Basalt, CO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Basalt, CO, is on a rollercoaster ride. The average rent price in Basalt, CO, is $2,591.00. Indeed, when looking to rent in Basalt, CO, you can expect to pay as little as $870.00 or as much as $5,880.00, with the average rent median estimated to be $2,570.00. The good news is that finding an affordable and desirable property to rent in Basalt, CO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.