Is Basalt, CO 81621 a buyer’s or seller’s market?

The Basalt housing market right now

In the three months ending August 31, 2026, 2% of homes in Basalt, CO 81621 sold above their list price, the typical home went under contract in 29 days and there were 6.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 49 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold faster (36 days then) and the median sale price fell 24% to $957,836. Overall, Basalt is less competitive than a year ago, which gives buyers more room.

Within Eagle County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 67%. On our competition score, Basalt ranks #175 of 239 CO ZIP codes with enough sales (score 26 out of 100).

Nearby, buyers who want less competition could look at Red Cliff 81649 (0% sold over asking), while Minturn 81645 (67% sold over asking) and Edwards 81632 (6% sold over asking) are even more competitive.