ZIP Code Market Report
81623 โ Carbondale, CO
Data through February 2026 ยท Updated monthly
Avg Home Value
$1,333,533
โฒ 6.1% year-over-year
Month-over-Month
-0.2%
โผ 0.2%
Single Family
$1,405,951
Condo / Co-op
$744,972
The average home value in the 81623 ZIP code (Carbondale, COLORADO) is $1,333,533 as of February 2026. Home prices are rising, up 6.1% compared to last year.
A 3-bedroom home in 81623 is valued at $1,247,965. 1-bedroom units start around $556,375. Single-family homes average $1,405,951, while condos average $744,972.
The market in 81623 has a $1,549,500 spread between bottom-tier homes at $827,500 and top-tier homes at $2,377,001. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 81623 ZIP code will increase 1.3% over the next 12 months, bringing the projected average to approximately $1,350,868. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Fremont County market area in COLORADO. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Fremont County report.
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Market Snapshot
81623 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $1,342,812 | $1,336,874 | $1,333,533 | โผ 0.7% |
| Single Family Value | $1,390,349 | $1,399,371 | $1,405,951 | โฒ 1.1% |
Home Values
81623 Home Value Trend
Historical home values for ZIP code 81623. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
By Bedroom
What Homes Cost in 81623
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $556,375 |
| 2 Bedrooms | $810,500 |
| 3 Bedrooms | $1,247,965 |
| 4 Bedrooms | $1,853,916 |
Property Types
Home Values by Property Type in 81623
How different property types compare in this ZIP code.
All Homes
$1,333,533
Single Family
$1,405,951
Condo / Co-op
$744,972
Bottom Tier
$827,500
Top Tier
$2,377,001
Forecast
12-Month Home Value Forecast for 81623
Zillow projects home values in 81623 will increase 1.3% over the next year, reaching approximately $1,350,868.
Current Value
$1,333,533
Projected Change
+1.3%
โฒ 1.3%
Projected Value
$1,350,868
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 81623 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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