Home prices
Basalt's median home price is $136,500. Compared to its nearby areas this is approximately $19,440 (12%) lower.In comparison to the entire country it is about $81,000 (37%) lower, and it is approximately $28,000 (17%) lower compared to the city of Idaho Falls.
Rents
Basalt's median rent is $806 a month. In comparison to its surrounding areas it is about $130 (19%) higher.Compared to the entire nation it is approximately $256 (24%) lower, and it is approximately $30 (3%) higher compared to the city of Idaho Falls.
Nearby places
Firth
Firth is Basalt's neighbor to the southwest. The real estate prices there are significantly less expensive. The median home in Firth is valued at $101,500, which works out to $35,000 (34%) lower than Basalt. Its rents are somewhat less expensive. The median monthly rent in Firth is $618, which is $188 (30%) lower than Basalt.
Shelley
Shelley is roughly 4 miles north of Basalt. Housing prices there are a bit more expensive. Shelley's median home value is $155,300, which works out to $18,800 (12%) higher than Basalt. Its rents are a bit less expensive. The median monthly rent in Shelley is $759, which works out to $47 (6%) lower than Basalt.
Groveland
Groveland is about 10 miles southwest from Basalt. Housing prices there are a lot more expensive. The median home in Groveland is valued at $229,200, which works out to $92,700 (40%) higher than Basalt. Rent there is somewhat less expensive. The median rent in Groveland is $715 per month, which is $91 (12%) lower than Basalt.
Blackfoot
Blackfoot is about 10 miles southwest of Basalt. Housing prices there are fairly similar. Blackfoot's median home price is $136,700, which is very similar to Basalt. Rents there are a bit less expensive. Blackfoot's median rent is $650 a month, which works out to $156 (24%) lower than Basalt.
Moreland
Moreland is approximately 13 miles southwest of Basalt. Real estate prices there are a little more expensive. Moreland's median home price is $157,000, which comes out to $20,500 (13%) higher than Basalt. Rents there are a little less expensive. Moreland's median rent is $638 per month, which comes out to $168 (26%) lower than Basalt.