Elmore, ID County is a great place to live in terms of the housing market. The median value of a house in Elmore is $310,800, which is slightly lower than the US median value at $338,100. However, the 1 year house appreciation rate in Elmore has been much higher than that of the US with 15.93% compared to 8.27%. This suggests that investing in housing in Elmore is a wise choice and can provide good returns over time.
The median home cost in Elmore County is $310,800. Home appreciation the last 10 years has been 260.0%. Home Appreciation in Elmore County is up 15.6%.
Average Age of Homes
- The median age of Elmore County real estate is 29 years old
The Rental Market in Elmore County
- Renters make up 31.0% of the Elmore County population
- 0.5% of houses and apartments in Elmore 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.