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Basalt, CO Real Estate


According to census data in the year 2000 there were 1,183 housing units in Basalt. This represents a 133.3% growth from 507 in 1990.

Of those housing units, 1,140 were located in either urbanized areas or urban clusters, and 43 were located in what is classified as a rural area.

Homeownership rate in Basalt is about 64.6%. Basalt's vacancy rate, including seasonal lodging, is about 14%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Basalt were built after 1991.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom9.40%
Two Bedrooms33.50%
Three Bedrooms33.90%
Four Bedrooms17.50%
Five Bedrooms or more3.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1991
Median Value of occupied units$417,400
Median Price asked for vacant units$350,000

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1989
Median Monthly Rent asked for vacant units$1,221

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6%
Home Equity Loan14.30%
Simple Mortgage66.20%
Debt Free13.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs27.1%