The housing in Mountain Home, ID Metro Area is thriving. The median value of homes in the area is $310,800, which is significantly lower than the US house median value of $338,100. Additionally, the appreciation rate of housing in Mountain Home Metro Area over the past year was 15.93%, which is considerably higher than the nation’s 1-year house appreciation rate of 8.27%. This suggests that home values are increasing much faster in this region than other areas across the country. In conclusion, it appears that there are many positive trends for housing within the Mountain Home Metro Area.
The median home cost in Mountain Home Metro Area is $310,800. Home appreciation the last 10 years has been 260.0%. Home Appreciation in Mountain Home Metro Area is up 15.6%.
Average Age of Homes
- The median age of Mountain Home Metro Area real estate is 29 years old
The Rental Market in Mountain Home Metro Area
- Renters make up 31.0% of the Mountain Home Metro Area population
- 0.5% of houses and apartments in Mountain Home 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.