The housing market in the Sandpoint, ID Metro Area is an attractive option for potential homeowners. The median value of a house in this area is $527,300, which is significantly higher than the US House Median Value of $338,100. This indicates that this region has some more expensive housing options available. In addition, over the past year houses in this area have appreciated by 7.88%, which is slightly lower than the 8.27% appreciation rate seen across the nation. Therefore, despite potentially more expensive options, those looking to invest in the Sandpoint area can still expect to see positive gains in their investment over time.
The median home cost in Sandpoint Metro Area is $527,300. Home appreciation the last 10 years has been 181.9%. Home Appreciation in Sandpoint Metro Area is up 15.8%.
Average Age of Homes
- The median age of Sandpoint Metro Area real estate is 30 years old
The Rental Market in Sandpoint Metro Area
- Renters make up 19.7% of the Sandpoint Metro Area population
- 0.8% of houses and apartments in Sandpoint 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.