The housing market in 83251 Mackay, ID is thriving. The median value for a home in the area is $253,300, which is significantly lower than the US median home value of $338,100. Despite this low median value, the one year appreciation rate for homes in 83251 Mackay is 15.93%, which is much higher than the national average of 8.27%. This strong appreciation rate suggests that investing in real estate in this area could be a great financial decision for potential buyers and sellers alike.
The median home cost in Mackay (zip 83251) is $253,300. Home appreciation the last 10 years has been 145.6%. Home Appreciation in Mackay (zip 83251) is up 21.2%.
Average Age of Homes
- The median age of Mackay (zip 83251) real estate is 38 years old
The Rental Market in Mackay (zip 83251)
- Renters make up 17.6% of the Mackay (zip 83251) population
- 3.7% of houses and apartments in Mackay (zip 83251), 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.