Similar to nearby areas, it is substantially more expensive compared to the country as a whole. It's substantially more expensive compared to the city of Montrose.
Home prices
The median home value in El Jebel is $632,800. Compared to the surrounding areas this is about $16,820 (2%) higher.It is about $415,300 (190%) higher compared to the country as a whole, and in comparison to the city of Montrose is about $421,100 (198%) higher.
Rents
The median rent in El Jebel is $1,716 a month. In comparison to its nearby areas this is about $84 (4%) lower.Compared to the United States as a whole it is approximately $654 (61%) higher, and compared to the city of Montrose it is roughly $811 (89%) higher.
Nearby places
Basalt
Basalt is El Jebel's neighbor to the southeast. Its real estate prices are fairly similar. The price of the median home in Basalt is $648,200, which comes out to $15,400 (2%) higher than El Jebel. Its rents are somewhat more expensive. The median monthly rent in Basalt is $2,155, which is $439 (20%) higher than El Jebel.
Mulford
Mulford is roughly 3 miles west from El Jebel. Its housing prices are fairly similar. The median home in Mulford costs $641,500, which comes out to $8,700 (1%) higher than El Jebel. Rents there are a lot more expensive. The median monthly rent in Mulford is $2,750, which works out to $1,034 (37%) higher than El Jebel.
Carbondale
Carbondale is approximately 5 miles west from El Jebel. Its real estate prices are a bit less expensive. Carbondale's median home price is $496,300, which comes out to $136,500 (27%) lower than El Jebel. Rents there are pretty similar. Carbondale's median rent is $1,747 a month, which works out to $31 (1%) higher than El Jebel.
Snowmass Village
Snowmass Village is roughly 14 miles southeast of El Jebel. The housing prices there are somewhat more expensive. The value of the median home in Snowmass Village is $884,400, which comes out to $251,600 (28%) higher than El Jebel. Its rents are substantially less expensive. In Snowmass Village the median monthly rent is $1,142, which is $574 (50%) lower than El Jebel.
Glenwood Springs
Glenwood Springs is about 14 miles northwest of El Jebel. The housing prices there are significantly less expensive. The price of the median home in Glenwood Springs is $409,500, which comes out to $223,300 (54%) lower than El Jebel. Rents there are a lot less expensive. In Glenwood Springs the median monthly rent is $1,206, which works out to $510 (42%) lower than El Jebel.
