Photo: Jeffrey Beall · CC BY 4.067 homes sold in Basalt in the last year, at a typical $1.5M
Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Basalt homes are listed.
Every place Basalt homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Basalt.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
39% of Basalt’s sales are condos, at $1.2M less than a house
19 houses and 26 condos sold in the year to May 2026. Condos sell faster.
typical sale · 19 sold in 12 months
- Per square foot
- $910CO $243
- Days to sell
- 122
- Sold over asking
- 5%
- Listings with a price cut
- 18%
typical sale · 26 sold in 12 months
- Per square foot
- $1,058CO $427
- Days to sell
- 48
- Sold over asking
- 4%
- Listings with a price cut
- 7%
Multi-family (2–4 units): 1 sold, typical $1.6M
Townhouses: 21 sold, typical $1.6M
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at 2.7 times the 2016 price
67 sales in the last year, against 135 in 2020 and a low of 63 in 2013. The typical sale went from $550K in 2016 to $1.5M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $1.5M buys in Basalt
Check a listing against what Basalt homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Basalt are back to pre-pandemic levels, but a third fewer homes come up for sale
We read every month of Basalt’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 67 sales.
If you’re buying in Basalt
- Shop in July. It brings about 15 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- Offer under asking. Buyers paid 94.9% of the list price on average; 3% paid over.
- You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 74 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 16 a month), but May is the most competitive: 17% of May sales close over asking. December has the least competition (4%) but only about 7 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Colorado
| Basalt now | 2017–19 | 2021 peak | CO now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 3% | 5% | 24% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 29% | 2% | 6% | 30% |
| Listings with a price cutShare of homes for sale that cut their price | 13% | — | 12% | 32% |
| Price paid vs. askingAverage sale price ÷ list price | 94.9% | 97.1% | 98.4% | 98.3% |
| Days to sellMedian days from listing to contract | 74 | 142 | 83 | 50 |
47 homes for sale on a typical day
That’s 2.8 times the 2022 low (17), 30% fewer than in 2017–19 and well under 2019’s 72.
1 in 8 listings has cut its price
13% in the last year, against — in 2017–19 and 32% across Colorado.
Since 2019, houses are up 85%, condos 71%
A house typically sold for $2.3M in the last year (19 sales), a condo for $1.1M (26).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Basalt ranks 104th of 106 busy Colorado markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Basalt is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Basalt home costs about $8,341 a month
Price: Basalt’s typical sale, last 12 months. Property tax at Basalt’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Basalt is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 7.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $1.5M home, about $7,380 a year.
Taxes vs. neighborsSchools
The schools grade for Basalt, from test results, graduation and how much students grow.
Schools in BasaltCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
El Jebel, Carbondale, Gypsum and Glenwood Springs sell for less a square foot; Snowmass Village and Aspen for far more
The busier markets within 25 miles of Basalt, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Aspen | 211 | $2.5M | $1,977 | 3% | 117 |
| Gypsum | 133 | $769K | $422 | 24% | 47 |
| Glenwood Springs | 124 | $677K | $450 | 6% | 44 |
| Snowmass Village | 108 | $2.6M | $1,838 | 6% | 62 |
| Carbondale | 78 | $1.4M | $647 | 5% | 49 |
| Basalt | 67 | $1.5M | $945 | 3% | 74 |
| El Jebel | 24 | $2.1M | $776 | 0% | 88 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Basalt, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Basalt. People who follow the town see it, and so do people comparing Basalt with their own town. No commission, no listing fee.
Questions about buying a home in Basalt
What do homes sell for in Basalt, CO?
67 homes sold in the year to May 2026 at a typical $1.5M, $945 a square foot. Houses sold for about $2.3M, condos for about $1.1M.
Is Basalt a buyer’s or seller’s market?
A buyer’s market: 54 homes were for sale in May 2026 and 7 sold, about 7.7 months of supply. Buyers paid 94.9% of asking on average, and 13% of listings cut their price.
When is the best time to buy in Basalt?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Basalt?
About 0.5% of a home’s value a year. On a $1.5M home that’s near $7,380.
Where can I see homes for sale in Basalt?
Zillow, Redfin, Realtor.com and Homes.com all carry Basalt’s MLS listings; the search links above open each one filtered to Basalt.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).