Housing in Idaho State is quite expensive compared to the national average, with median values topping out at around $445,000. This is substantially higher than the national median house value of $338,100. While nationwide appreciation on homes has been 8.27% in the last year, Idaho state homes have appreciated at a much slower rate of 2.88%. The cost of housing in Idaho may be elevated due to its close proximity to other attractive Pacific Northwest states such as Oregon and Washington.
The median home cost in Idaho is $445,000. Home appreciation the last 10 years has been 193.2%. Home Appreciation in Idaho is up 15.3%.
Average Age of Homes
- The median age of Idaho real estate is 32 years old
The Rental Market in Idaho
- Renters make up 26.7% of the Idaho population
- 1.1% of houses and apartments in Idaho, 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.