Salmon, ID is a great place to live for those looking to invest in real estate. The median value of homes in Salmon, ID is $311,800, significantly lower than the national median value of $338,100. Despite the lower median value, Salmon benefits from an annual house appreciation rate of 7.88%, just under the national 1 year appreciation rate of 8.27%. As such, investing in property in Salmon can be a very lucrative option for those looking for a return on their housing investment.
The median home cost in Salmon is $311,800. Home appreciation the last 10 years has been 166.7%. Home Appreciation in Salmon is up 16.8%.
Average Age of Homes
- The median age of Salmon real estate is 46 years old
The Rental Market in Salmon
- Renters make up 40.5% of the Salmon population
- 2.5% of houses and apartments in Salmon, 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.