The housing market in Emmett, ID is relatively steady and healthy compared to the US average. The median value of homes in Emmett is slightly higher than the national median, at $389,600 compared to $338,100. While the US has experienced an 8.27% appreciation rate in house values during the past year, Emmett has seen a more modest increase of 4.74%. This suggests that while home prices are increasing in Emmett, they may be doing so at a manageable rate for both buyers and sellers.
The median home cost in Emmett is $389,600. Home appreciation the last 10 years has been 260.0%. Home Appreciation in Emmett is up 15.6%.
Average Age of Homes
- The median age of Emmett real estate is 40 years old
The Rental Market in Emmett
- Renters make up 37.1% of the Emmett population
- 1.3% of houses and apartments in Emmett, 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.