Montpelier, ID is an attractive housing market for potential homeowners due to the median housing value of $264,600, which is significantly lower than the national median of $338,100. Additionally, the 1 year house appreciation rate in Montpelier is 15.93%, which is almost double that of the US rate of 8.27%. These factors make Montpelier a desirable place to buy a home and invest in the housing market.
The median home cost in Montpelier is $264,600. Home appreciation the last 10 years has been 145.6%. Home Appreciation in Montpelier is up 21.2%.
Average Age of Homes
- The median age of Montpelier real estate is 59 years old
The Rental Market in Montpelier
- Renters make up 23.2% of the Montpelier population
- 0.0% of houses and apartments in Montpelier, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.