The story of this market
The typical home in ZIP 81656 sells for about $4,697,189, or $2,550 per square foot.
Prices are up +27% from a year ago, so sellers still have some momentum. Homes take about 3 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,605 a month.
ZIP 81656 — Woody Creek
The Telluride housing market in 81656 is characterized by extremely low inventory and high price points, with a median sale price of approximately $4.7 million. Market activity is limited, with very few closed sales, reflecting a niche, high-end luxury environment. Prices have seen significant year-over-year growth, driven by limited supply and high demand for premium mountain real estate.
Median prices moved up 27.0% year over year.
Homes spend a median of 3 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 26.3% · poverty 5.0% — a mixed stability profile.
ZCTA 81656
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Colorado) — Statutory Agricultural Land Reclassification and Improvement Valuation: Under C.R.S. § 39-1-102(1.6)(a)(I), up to two acres of land directly underlying a residential improvement on agricultural parcels are segregated and assessed at residential rates (6.80% / 7. State (Colorado) — Senior and Disabled Veteran Property Tax Homestead Exemption: Exempts 50% of the first $200,000 of actual market value of the qualifying primary residential parcel from property taxation (a maximum actual value deduction of $100,000). State (Colorado) — Colorado Split Residential Property Tax Assessment Rate Structure: Imposes annual ad valorem property taxes determined using a bifurcated assessment rate system. Assessed Value = Actual (Market) Value × Assessment Rate. Beginning for tax years 2025/2026, residential property is assessed at 6.
Data retrieved from US Census Bureau and IncomeByZipCode.com.
- Viceroy Snowmass4.45.4 mi
- Avalanche Ranch4.718.8 mi
- Belly Up Aspen4.77.1 mi
- Mawa's Kitchen4.64.1 mi
- Home Team BBQ4.45 mi
- Maroon Bells Scenic Area4.912.4 mi
- John Denver Sanctuary4.86.8 mi
- Silver Queen Gondola4.87.1 mi
- Aspen Recreation Center4.56.2 mi
- Aspen Art Museum4.27.1 mi
- Aspen Art Museum4.27.1 mi
- Independence Ghost Town4.719.1 mi
- Ashcroft Ghost Town4.615.8 mi
- Third Street Center4.619.1 mi
- Redstone Coke Oven Historic District4.720 mi
- Maroon Bells Scenic Area4.912.4 mi
- John Denver Sanctuary4.86.8 mi
- Maroon Lake Trailhead4.812.5 mi
- Herron Park4.77.1 mi
- Paepcke Park4.66.8 mi
- City Market4.17.2 mi
- Snowmass Mall4.55.8 mi
- Clark's Market4.45.3 mi
- Clark's Market4.36.7 mi
- Eagle County Regional Airport4.325.5 mi
- Aspen/Pitkin County Airport43.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.