The housing market in Challis, ID is very strong compared to the US average. The median value of a house in Challis is $238,100, which is much lower than the US median value of $338,100. In addition to this value being significantly lower than the national average, the one-year appreciation rate of 15.93% is also higher than the national rate of 8.27%. This indicates that home values in Challis are likely to continue to rise significantly for the foreseeable future.
The median home cost in Challis is $238,100. Home appreciation the last 10 years has been 145.6%. Home Appreciation in Challis is up 21.2%.
Average Age of Homes
- The median age of Challis real estate is 40 years old
The Rental Market in Challis
- Renters make up 13.9% of the Challis population
- 0.9% of houses and apartments in Challis, 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.