Colorado Now Has 20 ZIP Codes With the Median List Price of Homes Over $1 Million

Pitkin County has long had a reputation as the state’s most expensive housing market, but the number of ZIP codes in Colorado where the median list price is above the million-dollar mark now numbers 20, according to a study by the real estate portal RealtyHop.

Aspen’s 81611 remains the most exclusive housing market in the state, with a median list price this year of $3.67 million. It is where Colorado joined the elite $100 million-plus home sale club with the purchase of 419 Willoughby Way for a state record of $108 million in April.

Not too far behind is 81654 in Snowmass, where the median list price is $3.49 million, and claiming the third spot is Telluride’s 81435, where the median list price is at $3.39 million.

RealtyHop looked at home listings in every state through October of this year to determine which ZIP codes had the highest median list price in each state. The median is the midway point, or where half the listings are priced higher and half are lower. List prices aren’t the same as the final sales price, although the two tend to track each other.

Of Colorado’s 642 ZIP codes, ski resort areas dominate the most expensive home price list, with Vail’s 81657 having a median list price of $1.97 million, while Aspen’s neighbor, Snowmass Village, 81615, has a median list price of $1.93 million. Just north of the Aspen and Snowmass area is 81623, which has a median list price of $1.89 million. It includes once more affordable towns like Marble, Redstone and Carbondale.

By: The Denver Post I January 5, 2025