Gem County, ID Housing

Gem County in Idaho is a hot housing market. The median value of a house in the county is $433,100, which is significantly higher than the US median value of $338,100. This reflects the strength of the market in Gem County and suggests that it has appreciated strongly over the past year. Indeed, Gem County's 1-year house appreciation rate was 13.72%, more than 5% higher than the US average of 8.27%. Therefore, Gem County is an attractive location for anyone looking to invest in residential real estate or purchase a home.

The median home cost in Gem County is $433,100. Home appreciation the last 10 years has been 260.0%. Home Appreciation in Gem County is up 15.6%.

Average Age of Homes

- The median age of Gem County real estate is 39 years old

The Rental Market in Gem County

- Renters make up 24.6% of the Gem County population
- 0.6% of houses and apartments in Gem 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Gem, Idaho	United States
	7,508.0	139,647,020.0
	43	42
	$433,100	$338,100
	15.6%	16.6%
	127.5%	57.0%
	260.0%	101.1%
	$5.55	$10.98
	$1,272	$2,690
	69.9%	57.4%
	7.5%	11.2%
	22.5%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.2%	0.4%
	2.7%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	0.9%	2.4%
	2.1%	2.8%
	1.9%	3.9%
	3.0%	4.5%
	11.9%	11.3%
	22.6%	13.0%
	16.4%	20.1%
	16.5%	13.6%
	6.7%	8.3%
	11.1%	9.7%
	2.7%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	19.2%	13.6%
	19.2%	13.6%
	14.2%	13.6%
	7.2%	13.2%
	22.9%	14.8%
	14.2%	13.6%
	4.8%	10.0%
	5.6%	4.7%
	13.1%	12.2%

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