The housing market in Idaho Falls, ID Metro Area is thriving. The median value of a home in this area is $370,200, which is higher than the US House Median Value of $338,100. In addition to higher values, the 1 year appreciation rate of 9.92% in Idaho Falls is greater than the US 1 year rate of 8.27%. This shows that homes are increasing in value and being snapped up quickly. With strong demand for housing and higher prices to match, it's clear that the housing market in Idaho Falls is an attractive investment option for many people.
The median home cost in Idaho Falls Metro Area is $370,200. Home appreciation the last 10 years has been 166.3%. Home Appreciation in Idaho Falls Metro Area is up 16.9%.
Average Age of Homes
- The median age of Idaho Falls Metro Area real estate is 36 years old
The Rental Market in Idaho Falls Metro Area
- Renters make up 22.3% of the Idaho Falls Metro Area population
- 1.0% of houses and apartments in Idaho Falls Metro Area, 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.