ZIP Code 81654 — Aspen, CO Home Prices (2026)

The typical home in ZIP 81654 (Aspen, Colorado) is worth about $2,826,000 at roughly $1772 per square foot — 10% more affordable than the Aspen median and 861% more expensive than the typical U.S. home.

$2,826,000

Typical home value

$1772

Price per sq ft

#2 of 2

Aspen ZIPs by value

-10%

vs Aspen median

How 81654 compares

ZIP 81654 is one of the more affordable ZIP codes in Aspen: its typical home value of $2,826,000 ranks #2 of the 2 Aspen ZIP codes we track (the citywide range runs from $2,826,000 in 81654 to $3,475,000 in 81611). Per square foot it costs about $1772, against $2305 for Aspen as a whole, $273 for Colorado, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 81654	$2,826,000	$1772
Aspen, CO	$3,150,500	$2305
Colorado	$500,000	$273
United States	$294,000	$195

Home value by size in 81654

Using this ZIP’s rate of about $1772 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$1,772,000
1,500 sq ft	$2,658,000
2,000 sq ft	$3,544,000
2,500 sq ft	$4,430,000
3,000 sq ft	$5,316,000

Salary needed to buy a home in ZIP 81654

To buy the typical $2,826,000 home in ZIP 81654 with 20% down, you need a household income of roughly $769,000 a year (about $17,940 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $914,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$141,300	$22,300/mo	$956,000/yr
10% (+PMI)	$282,600	$21,320/mo	$914,000/yr
20%	$565,200	$17,940/mo	$769,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 81654

At about $1772 per square foot, here is roughly how much home different budgets get you in ZIP 81654:

Budget	Approx. size	What that looks like locally
$1.50M	850 sq ft	below the local median — condos, smaller or older homes
$2.00M	1130 sq ft	below the local median — condos, smaller or older homes
$3.00M	1690 sq ft	around the typical home here

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 81654 home.

Estimate a specific home in 81654

The estimator below is pre-set to ZIP 81654 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Aspen ZIP codes by home value

Where 81654 sits among Aspen’s 2 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	81611	$3,475,000	$2837
2	81654 (this page)	$2,826,000	$1772

ZIP 81654 home prices: frequently asked

What is the average home price in ZIP code 81654? +

The typical home in ZIP 81654 (Aspen, CO) is worth about $2,826,000 as of 2026. That is 10% more affordable than the Aspen median of $3,150,500 and 861% more expensive than the U.S. median of $294,000.

What is the price per square foot in 81654? +

About $1772 per square foot in 81654, versus $2305 across Aspen and $273 across Colorado. At that rate a 1,500 sq ft home runs roughly $2,658,000 and a 2,500 sq ft home about $4,430,000.

What salary do you need to buy a house in ZIP 81654? +

For the typical $2,826,000 home in ZIP 81654, a household income of about $769,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $914,000; with 5% down about $956,000.

Is 81654 an expensive ZIP code? +

Within Aspen, 81654 ranks #2 of 2 ZIP codes by typical home value, which makes it one of the more affordable ZIP codes in Aspen. Nationally it is relatively expensive.

See the full Aspen home values page, all Colorado cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.