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Aspen

Aspen

Located in Pitkin County

$4,990,582 Average Value
$2,173 Average Price per Sq Ft
258 Homes For Sale

Outdoor adventures and mountain views define life in Aspen

Home to world-class ski resorts and seemingly endless outdoor activities, Aspen is famous for its snow-covered slopes across four mountains at the Aspen Ski Resort. Named for its high-elevation forests, Aspen is at the peak of mountain lifestyles in Central Colorado. "We have jaw-dropping mountains, pristine lakes, amazing waterfalls and the Colorado blue skies. You could say I have a love affair with this little town," says Stacey Kelly, a real estate agent at Christie's International Real Estate who has lived in the area for over 20 years. "Aspen has amazing skiing, and it is a cultural world where amazing music, festivals and live shows come to us. It’s all about investing in your life. There is a premium for living here, and to me, it’s worth it."

Proximity to downtown makes the West End a sought-after neighborhood in Aspen.
Proximity to downtown makes the West End a sought-after neighborhood in Aspen.
Victorian homes reflect Aspen's classic architecture.
Victorian homes reflect Aspen's classic architecture.
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The natural setting lends to the architecture

The streets have golden aspen trees, blue spruces and a backdrop of massive mountains surrounding the city. With floor-to-ceiling windows and wooden exteriors, midcentury modern and chalet-style homes amplify the natural surroundings. Widely known as one of the most desirable real estate markets in the U.S., its median home sale price is about $2.4 million, compared to the nationwide median of about $422,000. Some homes can reach $58 million depending on home size and location. The average home size is about 3,300 square feet and can surpass 8,000 square feet. Downtown Aspen typically has higher prices because of its proximity to retail, dining and ski lifts. Heavy snowfall can cause environmental risks in some areas. Snow can cause flooding issues around the Roaring Fork River. Due to snow buildup on the mountains, some parts of Aspen can experience avalanche events and landslides.

Contemporary homes add modern flair to The West End neighborhood in Aspen.
Contemporary homes add modern flair to The West End neighborhood in Aspen.
Starwood boasts custom-built homes nestled in Aspen’s picturesque alpine setting.
Starwood boasts custom-built homes nestled in Aspen’s picturesque alpine setting.
Rows of homes in the West End offer a blend of classic and contemporary Aspen living.
Rows of homes in the West End offer a blend of classic and contemporary Aspen living.
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Ski trails and mountain peaks showcase year-round outdoor beauty

Aspen Mountain has challenging runs and intense winter ski trails. In the summer, it has flower-lined paths with panoramic views at 11,000 feet. It also features the world's longest single-stage gondola ride, stretching 2.5 miles from downtown to its peak. The John Denver Sanctuary is a scenic garden in the city's wetlands with an outdoor amphitheater and boulders with engraved lyrics. One of the most famous natural attractions is Maroon Bells, red-colored mountains with six hiking trails through an alpine tundra with wildflower meadows and a reflective lake. Independence Pass offers a picturesque driving route on one of the highest-elevation roads in the country.

The Winter X Games have been held in Aspen since 2002. The Aspen Snowmass Resort is spread across four mountains, each providing a unique set of trails in White River National Forest. "You can have a totally different experience every day you go skiing. You can take lessons at Buttermilk Mountain, and Snowmass has all levels. We love our uphill skiing here," Kelly says. "For something lowkey, I like walking the John Dever Sanctuary and the Ute Trail. There's something for everyone."

Snow-covered gondolas ascend Aspen Mountain for breathtaking alpine adventures.
Snow-covered gondolas ascend Aspen Mountain for breathtaking alpine adventures.
Aspen celebrates John Denver’s music with a sanctuary in his name.
Aspen celebrates John Denver’s music with a sanctuary in his name.
Dramatic clouds swirl around Maroon Bells, enhancing the majesty of the snow-capped peaks in Aspen.
Dramatic clouds swirl around Maroon Bells, enhancing the majesty of the snow-capped peaks in Aspen.
From snowboarding to skiing, the Winter X Games in Aspen showcase the best of winter sports.
From snowboarding to skiing, the Winter X Games in Aspen showcase the best of winter sports.
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Designer boutiques and Michelin-star meals in downtown Aspen

The downtown district features high-performing restaurants, name-brand shops and renowned theaters. The downtown district features various upscale restaurants and designer apparel boutiques. "I believe Aspen is the Manhattan of the mountains, it reminds me of walking down Fifth Avenue with Louis Vuitton, Gucci and Hermes," Kelly says. "You can have dinner at a Michelin-star restaurant. We have all of that here in our little ski town." Bosq is a two-time Michelin-rated restaurant serving five-course meals made with locally sourced ingredients from Colorado's natural habitats. Also nearby, the White House Tavern features a menu of unique sandwiches and appetizers in a white cottage-style pub with outdoor seating. While other bodegas and farm fresh stores are available, Clark's Market and City Market are the two main grocery stores in the downtown area.

Downtown Aspen blends historic charm with modern sophistication.
Downtown Aspen blends historic charm with modern sophistication.
Shopping in downtown Aspen features many high-end retailers.
Shopping in downtown Aspen features many high-end retailers.
Clark's Market provides high-quality groceries fro Aspen residents.
Clark's Market provides high-quality groceries fro Aspen residents.
City Market provides Aspen locals with everything from groceries to seasonal goods.
City Market provides Aspen locals with everything from groceries to seasonal goods.
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Public schools offer IB and STEAM programs for all grades

Aspen Elementary School serves students from prekindergarten to fourth grade, and it earns a B grade from Niche. It has an International Baccalaureate program at the elementary school level and provides advanced opportunities for gifted and talented students. Grades five through eight attend Aspen Middle School, which has a STEAM-oriented curriculum with various programs for students to build robotics and fly model airplanes. Aspen Middle and Aspen High Schools both score an A-minus.

Live music at Belly Up and the Wheeler Opera House

Aspen has many attractions, concert halls and museums. Belly Up Aspen is renowned for its memorable live music performances in an intimate bar space. The Wheeler Opera House is a Victorian theater famed for its acoustics, with film screenings and live music performances. The Aspen Art Museum has modern architecture, international exhibits and a rooftop sculpture garden.

Vibrant lights and beats electrify the crowd at Belly Up in downtown Aspen.
Vibrant lights and beats electrify the crowd at Belly Up in downtown Aspen.
Wheeler Opera House is a hub for culture and history in Aspen.
Wheeler Opera House is a hub for culture and history in Aspen.
The Aspen Art Museum adds enrichment the cultural scene in Aspen.
The Aspen Art Museum adds enrichment the cultural scene in Aspen.
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Bike-share system and free shuttles to the airport

The Roaring Fork Transportation Authority provides a free shuttle around the city, and it has routes to Snowmass Village and Aspen Airport. The area is also bike-friendly and has a WE-CYCLE bike-sharing program. State Route 82 goes through the center of town. Aspen Valley Health has the area's nearest emergency room, about 2 miles west of downtown. The Aspen/Pitkin County Airport is approximately 4 miles north with domestic flights to major cities.

RFTA bus stop near Aspen Airport provides convenient transit options for travelers.
RFTA bus stop near Aspen Airport provides convenient transit options for travelers.
Aspen Airport arrivals welcome visitors with mountain charm and ski-themed décor.
Aspen Airport arrivals welcome visitors with mountain charm and ski-themed décor.
Aspen Valley Hospital is a trusted healthcare center near the West End neighborhood.
Aspen Valley Hospital is a trusted healthcare center near the West End neighborhood.
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Jackson Hardy
Written By
Jackson Hardy
Eli Tye
Photography Contributed By
Eli Tye
Conar McDaniel
Video By
Conar McDaniel

Interested in learning more about homes in this area? Reach out to Lisa Price, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Aspen Housing Trends

Housing Trends

Median List Price
$3,100,000
Median Sale Price
$2,175,500
Median Single Family Sale Price
$702,500
Median Townhouse Sale Price
$10,100,500
Median 2 Bedroom Sale Price
$500,000
Median Change From 1st List Price
7%
Last 12 months Home Sales
330
Median Home Sale Price YoY Change
40%
Average Price Per Sq Ft
$2,173

Area Facts

Number of Homes
7,204
Number of Homes for Sale
258
Median Year Built
1985
Months of Supply
9.40
Average Single Family Home Size Sq Ft
3,348
Significantly above the national average
1,930
Average Townhouse Size Sq Ft
2,752
Average 2 Bedroom Size Sq Ft
1,033
Average 1 Bedroom Size Sq Ft
602
Average Studio Size Sq Ft
330
Median Lot Size Sq Ft
13,503

Open Houses

  • Wednesday, Jan 21
    Open Wed 2PM - 5PM

    510 Oregon Trail, Aspen, CO 81611

    $15,000,000

    • 4 Beds
    • 4 Baths
    • 5,101 Sq Ft
    • 510 Oregon Trail
    • New 8 days ago

    This stunning Maroon Creek townhome has been completely reimagined with a bold, open-concept design that puts living, dining, kitchen, bar, and guest suite all on the top level. Vaulted ceilings and walls of light set the tone, while seamless indoor-outdoor flow pulls you straight onto an expansive deck with front-row views and ski-hill access that's quite literally right there. Designed for

    Bubba and Tracy Eggleston Aspen Snowmass Sotheby's International Realty - Hyman Mall

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  • Thursday, Jan 22
    Open Thu 2PM - 5PM

    425 Wood Rd Unit 15 & 16, Aspen, CO 81611

    $6,950,000

    • 4 Beds
    • 5 Baths
    • 3,065 Sq Ft
    • 425 Wood Rd
    • Unit 15 & 16
    • New 18 days ago

    A true standout at Wood Run Place, this four bedroom, five-bath ski-in/ski-out residence lives like a private mountain home, only with all the perks of a luxury resort in Snowmass Village. Fully turnkey and ready for instant fun, it blends timeless alpine charm with a refined sense of luxury. Thoughtfully remodeled for comfort and easy living, the home features four en-suite bedrooms, a cozy loft

    Eric Cohen Aspen Snowmass Sotheby's International Realty - Hyman Mall

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  • Wednesday, Jan 21
    Open Wed 2PM - 5PM

    990 E Hopkins Ave, Aspen, CO 81611

    $16,000,000

    • 3 Beds
    • 3 Baths
    • 3,090 Sq Ft
    • 990 E Hopkins Ave

    There are homes in Aspen that feel appropriate for the mountains, and then there are those rare few that seem to honor them. This seldom available masterpiece is one of those places—quietly tucked at the end of a non-through street, perched above the Roaring Fork River, and oriented so perfectly to Aspen Mountain that the light seems choreographed just for your pleasure.One of only four

    Sally Shiekman Aspen Snowmass Sotheby's International Realty - Hyman Mall

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Aspen Has More Owners

Demographics

Total Population
8,240
Median Age
44
Population under 18
17.5%
Below the national average
23.8%
Population over 65
20.2%
On par with the national average
19.1%

Finances

Median Household Income
$108,810
Significantly above the national average
$79,601
Average Household Income
$153,360

Education and Workforce

High School Graduates
97.4%
College Graduates
66.9%
Significantly above the national average
34.1%
Advanced Degrees
20.7%
% Population in Labor Force
78.5%
Above the national average
64.9%

Weather

Annual Precipitation
24''
Average Winter Low Temperature
10°F
Average Summer High Temperature
75°F
Annual Snowfall
91''

Area Factors

Very Bikeable

Bike Score®®

76 / 100

Car-Dependent

Walk Score®®

37 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Aspen
Lisa Price
Romero Group Realty, LLC
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