Real Estate Investing in Basalt, Colorado (81621)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 81621 (Basalt, CO)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 21.6% of homes vacant — above national norms.
What’s happening in Basalt, CO (81621)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 81621 Basalt
The 81621 ZIP in Basalt, CO is a local-operator market. Outside capital chasing a $1.4M entry has to pair deep knowledge with the discount.
For an experienced owner, 81621 can be a an appealing option for hunting ground — but the discount at $1.4M reflects genuine risk that outside investors often underestimate.
Within CO, ZIP 81621 trails on several market indicators that neighboring Eagle County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Employment concentration in 81621 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 81621 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Basalt:
Property Strategy for 81621
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $684,775 | $2,080 | 2.2% | +6.8% | $684,775 |
| 2BR | $945,061 | $2,570 | 2.0% | +9.6% | $472,530 |
| 3BR | $1,674,754 | $3,140 | 1.3% | +12.5% | $558,251 |
| 4BR | $2,251,505 | $4,000 | 1.3% | +14.8% | $562,876 |
| 5BR | $3,183,386 | — | — | +13.4% | $636,677 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 81621 Compare?
| Metric | 81621 | Basalt | Edwards, CO | Colorado |
|---|---|---|---|---|
| Home Value | $1,441,289 | $1,441,289 | N/A | $535,778 |
| 5-Year CAGR | 8.0% | 8.0% | N/A | 4.9% |
| Avg Rent | $4,825 | $4,825 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 81621 (Basalt, CO). Anonymous, moderated, never written by AI.
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Property managers serving Eagle County
Manage rentals here? List your business →Blue Sky Property Management offers rentals and property management for single-family homes, townhomes, condos, and apartments in Santa Ynez Valley, Lompoc, and Los Alamos. summary from their website
Daly Property Services specializes in landscaping design, installation, and maintenance services in Basalt, CO, serving the Roaring Fork Valley. summary from their website
Mountain Valley Property Management offers capital project management, maintenance, financial management, and technology solutions for HOA, condominium, and private home properties. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,441,289 |
| Monthly Rent | $4,825 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 81621
Population: 6,349
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 81621
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Is real estate in Basalt, CO a good investment right now?
Basalt, CO records an investability rating of 3.0/5, with median home values near $1.4M and average rents around $4,825/mo. That combination puts it in the impressive tier for investor interest.
Which real estate strategy fits Basalt, CO?
In Basalt, CO the notable play is typically careful cash-flow rentals with hands-on management. The combination of $1.4M prices and $4,825/mo rents suits that approach.
Are rents high in Basalt, CO?
Investors in Basalt, CO typically see rents near $4,825/mo per month against $1.4M home values - a solid setup for rental cash flow.
What is the typical vacancy rate in Basalt, CO?
Vacancy risk in Basalt, CO is elevated. That supports reliable cash flow for typical rental holds.
Can I live-in-and-rent in Basalt, CO?
House hacking in Basalt, CO is reasonable to execute. Prices around $1.4M and rents of $4,825/mo solid owner-occupant economics.
You know 81621 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 81621 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 81621 ranks in Edwards, CO
Every ZIP in this metro, ranked. Free.
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