Regional Housing Solutions:
Action, Investment and Impact in Eagle River Valley
Why Housing Matters for Eagle County’s Future
World-class communities require a world-class workforce, and that means housing locals here, not elsewhere.
Local Economy: A strong workforce = competitive resorts. Steamboat, Aspen, Park City, Tahoe all invest in housing to keep talent close.
Workforce Flight: When workers live beyond Eagle County, costs rise, service accessibility diminishes, and the community ultimately loses.
Stability: Homeownership anchors families, schools, and neighborhoods; it’s the keystone to a resilient community.
Broken Ladder: Today’s market has too few rungs; middle-income mobility is nearly gone.
Location: Housing near jobs and transit cuts congestion and advances climate goals.
Market Gap: Free market won’t serve low and middle-income households; strategic action is essential.
The Housing Market Has Moved Beyond Reach
Home prices in Eagle County have skyrocketed; outpacing local incomes and pricing out the workforce.
From 2015 to 2023, median home prices in non-resort areas have nearly doubled across most towns.
Even traditionally more affordable towns like Gypsum and Eagle have seen sharp increases, approaching or exceeding $1M.
The Housing Affordability Gap
Homebuyers
Wages in Eagle County no longer match the cost of housing for home buyers.
In Eagle County, a household would need 5.2 median-wage earners ($53,000) to afford a median-priced home.
The Housing Affordability Gap
Renters
Typical rent far exceeds what most households can afford.
To rent a 2-bedroom at $3,000/month, it would take 2.3 median-wage earners to rent a median-price rental.