The housing market in Menan, ID is quite strong, with the median value being higher than the US median at $347,600. Additionally, the one-year house appreciation rate in Menan is 7.88%, which is slightly lower than the US average of 8.27%. These figures suggest a stable and healthy growth trend for the real estate market in Menan, ID. With prices continuing to increase at a steady pace and a median value significantly higher than national averages, it appears that investing in property in Menan would be a wise choice.
The median home cost in Menan is $347,600. Home appreciation the last 10 years has been 166.7%. Home Appreciation in Menan is up 16.8%.
Average Age of Homes
- The median age of Menan real estate is 43 years old
The Rental Market in Menan
- Renters make up 10.8% of the Menan population
- 0.0% of houses and apartments in Menan, 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.