Cottonwood, ID is a great place to live, with a beautiful and affordable housing market. The median value of housing in Cottonwood, ID is $285,000, which is significantly lower than the US median house value of $338,100. Furthermore, while the US saw an appreciation rate of 8.27% for houses last year, Cottonwood experienced a 15.69% increase in home values over the same period. This shows that the housing market in Cottonwood is growing steadily and offers many homes at prices well below the national average.
The median home cost in Cottonwood is $285,000. Home appreciation the last 10 years has been 116.3%. Home Appreciation in Cottonwood is up 21.5%.
Average Age of Homes
- The median age of Cottonwood real estate is 52 years old
The Rental Market in Cottonwood
- Renters make up 26.1% of the Cottonwood population
- 1.8% of houses and apartments in Cottonwood, 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.