The housing market in 83401 Idaho Falls, ID is doing slightly better than the national average. The median value of homes in this area is $347,500, which is higher than the national median value of $338,100. Over the past year, houses in 83401 Idaho Falls have appreciated by 7.88%, slightly lower than the US 1 year appreciation rate of 8.27%. This indicates that the area has seen a healthy amount of growth, but not as much as other areas across the nation. Overall, residents of 83401 Idaho Falls are fortunate to have a solid housing market with relatively steady appreciation over time.
The median home cost in Idaho Falls (zip 83401) is $347,500. Home appreciation the last 10 years has been 166.7%. Home Appreciation in Idaho Falls (zip 83401) is up 16.8%.
Average Age of Homes
- The median age of Idaho Falls (zip 83401) real estate is 36 years old
The Rental Market in Idaho Falls (zip 83401)
- Renters make up 26.7% of the Idaho Falls (zip 83401) population
- 0.9% of houses and apartments in Idaho Falls (zip 83401), 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.