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24/7 Wall St.: America’s Most Expensive Neighborhoods

4. 81656

Median list price: $4.93 million
City/town: Woody Creek, Colo.
Year-over-year change: 26.4%

Visitors may find it difficult to believe that this once-rustic part of Northwest Colorado, located near the posh community of Aspen, is centered around an eponymously named tavern where Hunter S. Thompson held court. In recent decades, the presence of other iconoclastic artists, including rock stars, has further strengthened property values. Inventory has held steady since last year, and home prices continue their steep ascent, rising by 26.44% between September 2011 and September 2012.

(AP Photo/Ed Andrieski)

More From 24/7 Wall St.:
America’s Most Violent States
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13 American Cities Going Broke



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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