Aspen Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Aspen is $1,123, which is higher than the Pitkin County average of $938. The median price of homes currently listed in Aspen is $2,349,000 while the median price of homes that sold is $759,750.

Foreclosures will be a factor impacting home values in the next several years. In Aspen 0.9 homes are foreclosed (per 10,000). This is greater than the Pitkin County value of 0.7 and also lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Aspen is 4.7%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Aspen homeowners underwater on their mortgage is 4.1%, which is lower than Pitkin County at 6.4%.

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Relative ZHVI
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Aspen Market Overview

Data through Jun 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $2,349,000 Median listing price
  • $759,750 Median sale price (May 31, 2014)
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Aspen Market Health

Data through Jun 30, 2014
  • No recent data
  • No data Average of days on Zillow
  • 4.1% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 4.7% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

0.9 homes(Apr 30, 2014) Aspen
0.7 homes(May 31, 2014) Pitkin County
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Edwards $748,300 Basalt $538,100 Crested Butte $486,500
Avon $480,300 Carbondale $404,000 Eagle $396,400
Mount Crested Butte $283,000 Buena Vista $267,800  

Listings & Sales

Data through Jun 30, 2014
  • $1,123 Median list price / sq ft
  • $981 Median sale price / sq ft (May 31, 2014)
  • 12.3% Listings with price cut
17.0%
Sold below listing
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Aspen Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,132 Pitkin County
$1,310 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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