The housing market in Idaho Springs, CO is thriving. With a median value of $503,200, this city’s homes are significantly more expensive than the US Median Value of $338,100. The 1 year House Appreciation rate of 8.27% nationwide is also outdone by the 11.78% appreciation rate in Idaho Springs – indicating that there is strong demand for property in this area and prices are increasing rapidly. This is likely due to the many attractions and amenities such as skiing, hiking, fishing, and camping available in this picturesque mountain town.
The median home cost in Idaho Springs is $503,200. Home appreciation the last 10 years has been 147.2%. Home Appreciation in Idaho Springs is up 16.7%.
Average Age of Homes
- The median age of Idaho Springs real estate is 73 years old
The Rental Market in Idaho Springs
- Renters make up 35.4% of the Idaho Springs population
- 3.3% of houses and apartments in Idaho Springs, 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.