81611, Aspen, CO

The 81611 zip code of Aspen, Colorado is a popular area to live and own a home. The median home value in the zip code is $527,000, which is above the national median home value of $217,500. The percentage of homes that are owner-occupied in the zip code is 71%, which is above the national average of 63%. Additionally, the percentage of homes that are occupied by their owners who are between 25 and 44 years old is also high at 83%. This indicates that many people in this area have been able to save up enough money to buy a home. In addition, there are many homeowners who have been able to refinance their mortgages in order to get a lower interest rate. This has helped them save money on their monthly mortgage payments.

One reason why homeownership rates are high in this area is because there are few rental options available. Only about 5% of homes in the zip code are rented out, which is below the national average of 10%. This means that most people who want to buy a home here must first find an owner-occupied property they can afford. Another factor that contributes to high homeownerhip rates in this area is that there are few vacant properties for sale. Only 2% of homes for sale in the zip code are vacant, which compares favorably with other areas around the country where vacancy rates can be as high as 15%. This means that if you want to buy a home here, you will likely be able to do so relatively easily.