The housing market in the Rexburg, ID Metro Area is robust and thriving. The median value of a house in this area is $377,000, which is significantly higher than the US median value of $338,100. In addition, the one-year appreciation rate for homes in Rexburg is 11.85%, which is much higher than the national average of 8.27%. This confirms that this area continues to be an attractive destination for people looking to purchase property.
The median home cost in Rexburg Metro Area is $377,000. Home appreciation the last 10 years has been 166.7%. Home Appreciation in Rexburg Metro Area is up 16.8%.
Average Age of Homes
- The median age of Rexburg Metro Area real estate is 27 years old
The Rental Market in Rexburg Metro Area
- Renters make up 30.2% of the Rexburg Metro Area population
- 7.5% of houses and apartments in Rexburg 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.