The housing market in 83542 Lucile, ID is very strong. The median value of homes in the area is $286,300, which is significantly lower than the national median home value of $338,100. However, the one-year appreciation rate for this area is 15.69%, higher than the national average of 8.27%. With such a high appreciation rate and a relatively low median home value, this area provides an exceptional opportunity for potential homeowners to get a great deal on their new property.
The median home cost in Lucile (zip 83542) is $286,300. Home appreciation the last 10 years has been 116.3%. Home Appreciation in Lucile (zip 83542) is up 21.5%.
Average Age of Homes
- The median age of Lucile (zip 83542) real estate is 23 years old
The Rental Market in Lucile (zip 83542)
- Renters make up 8.0% of the Lucile (zip 83542) population
- 1.0% of houses and apartments in Lucile (zip 83542), 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.