Moreland, ID is a great place to invest in real estate. The median value of housing is $240,400, which is significantly lower than the US House Median Value of $338,100. In addition, the 1 year house appreciation in Moreland is 15.93%, which is higher than the US 1 year appreciation rate of 8.27%. This makes investing in property in Moreland an attractive option for many investors as it offers higher returns and a lower investment.
The median home cost in Moreland is $240,400. Home appreciation the last 10 years has been 145.6%. Home Appreciation in Moreland is up 21.2%.
Average Age of Homes
- The median age of Moreland real estate is 41 years old
The Rental Market in Moreland
- Renters make up 10.7% of the Moreland population
- 8.9% of houses and apartments in Moreland, 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.