The housing market in Pocatello, ID has been steadily increasing over the past year. The median value of homes in Pocatello is currently $291,500, lower than the US median value of $338,100. However, the appreciation rate for homes in Pocatello has been higher than the national rate at 15.93%, while the US 1 year House Appreciation was 8.27%. This indicates that the housing market in Pocatello is growing faster than the nation as a whole and presents a potentially good option for potential home buyers and investors.
The median home cost in Pocatello is $291,500. Home appreciation the last 10 years has been 145.6%. Home Appreciation in Pocatello is up 21.2%.
Average Age of Homes
- The median age of Pocatello real estate is 47 years old
The Rental Market in Pocatello
- Renters make up 33.2% of the Pocatello population
- 2.8% of houses and apartments in Pocatello, 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.