Vail ’s tourism industry is the economic driver in Colorado’s Vail Valley, but Edwards, ZIP Code 81632 and about 15 miles west of Vail, has the area’s priciest residential real estate as ranked by median listing price, according to Realtor.com. ( News Corp , owner of The Wall Street Journal, also operates Realtor.com under license from the National Association of Realtors.) It is bested only by Woody Creek and Snowmass, both in the same area as Aspen, and Telluride. An unincorporated Rocky Mountain community in Eagle County, Edwards has a locals’ vibe with a busy downtown along the Eagle River. Driving Edwards’s real-estate market up are Cordillera, a 7,000-acre gated community with more than 800 homesites, and Arrowhead Village, with access to Beaver Creek Resort.

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