The housing market in Bannock, ID County is booming. The median value of a home in the county is $311,400, which is significantly lower than the US median of $338,100. However, the 1 year house appreciation for Bannock County is 15.93%, far higher than the national average of 8.27%. This indicates that house values are increasing rapidly in the area and it may be a good time to invest in property there. With its low median value and high appreciation rate, Bannock County could be an ideal place for those looking for a new home or an investment opportunity.
The median home cost in Bannock County is $311,400. Home appreciation the last 10 years has been 145.6%. Home Appreciation in Bannock County is up 21.2%.
Average Age of Homes
- The median age of Bannock County real estate is 43 years old
The Rental Market in Bannock County
- Renters make up 28.3% of the Bannock County population
- 1.9% of houses and apartments in Bannock County, 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.