Housing in Hope, ID is significantly more expensive than the national median with a median value of $710,100. This is over double the amount of the US house median value, which is $338,100. The 1 year appreciation for houses in Hope, ID was 8.90%, slightly higher than the US average of 8.27%. This suggests that housing prices are on an upward trend in Hope and may continue to increase in the near future. Overall, housing in Hope has higher prices but also higher appreciation than the national average, making it an attractive place for people interested in investing in real estate.
The median home cost in Hope is $710,100. Home appreciation the last 10 years has been 181.9%. Home Appreciation in Hope is up 15.8%.
Average Age of Homes
- The median age of Hope real estate is 62 years old
The Rental Market in Hope
- Renters make up 31.5% of the Hope population
- 0.0% of houses and apartments in Hope, 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.