The housing market in Sun Valley, ID is booming. The median value for a house in Sun Valley is currently $1,182,600, which is much higher than the US house median value of $338,100. Furthermore, the US house appreciation rate over the last year was 8.27%, while in Sun Valley the one-year house appreciation was an impressive 13.72%. These figures indicate that Sun Valley has become a desirable place to purchase real estate and investors have been eager to purchase property in the area due to its high rates of return.
The median home cost in Sun Valley is $1,182,600. Home appreciation the last 10 years has been 167.8%. Home Appreciation in Sun Valley is up 21.1%.
Average Age of Homes
- The median age of Sun Valley real estate is 38 years old
The Rental Market in Sun Valley
- Renters make up 6.1% of the Sun Valley population
- 2.0% of houses and apartments in Sun Valley, 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.