Housing in Lowman, ID (83637) is quite affordable compared to the US median value of $338,100. The median value of a house in Lowman is $295,700, which is around 12% lower than the US median. Despite this difference in cost however, appreciation over the last year has been lower than the national average with an appreciation rate of 4.74%, compared to 8.27% nationally. This could be due to fewer buyers entering the market because of the lower initial costs or other factors related to the local economy. Ultimately, Lowman provides an affordable option for those wanting to buy a home and experience all that rural Idaho has to offer.
The median home cost in Lowman (zip 83637) is $295,700. Home appreciation the last 10 years has been 260.0%. Home Appreciation in Lowman (zip 83637) is up 15.6%.
Average Age of Homes
- The median age of Lowman (zip 83637) real estate is 32 years old
The Rental Market in Lowman (zip 83637)
- Renters make up 21.3% of the Lowman (zip 83637) population
- 0.0% of houses and apartments in Lowman (zip 83637), 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.