Buhl, ID
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Buhl, ID Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Buhl Housing Market Information

With a population of 4,275, 1,471 total housing units (homes and apartments), and a median house value of $103,374, house prices in Buhl are solidly below the national average.

Single-family detached homes are the single most common housing type in Buhl, accounting for 72.91% of the city's housing units. Other types of housing that are prevalent in Buhl include mobile homes or trailers ( 19.33%), large apartment complexes or high rise apartments ( 4.16%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.61%).

People in Buhl primarily live in small (one, two or no bedroom) single-family detached homes. Buhl has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Buhl's housing was primarily built during this period, from the '40s through the '60s. A full 36.39% of the city's housing hails from this era. Other housing ages represented in Buhl include homes built between 1970-1999 ( 34.62%) and housing constructed before 1939 ( 19.08%). There's also some housing in Buhl built between 2000 and later ( 9.91%).

Vacant housing appears to be an issue in Buhl. Fully 10.03% of the housing stock is classified as vacant. Left unchecked, vacant Buhl homes and apartments can be a drag on the real estate market, holding Buhl real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Buhl Home Appreciation Rates

Real estate appreciation rates in Buhl's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.31% during the period.

NeighborhoodScout's data show that during the latest twelve months, Buhl's appreciation rate, at 4.70%, has been at or slightly above the national average. In the latest quarter, Buhl's appreciation rate has been 0.51%, which annualizes to a rate of 2.04%.

Relative to Idaho, our data show that Buhl's latest annual appreciation rate is lower than 70% of the other cities and towns in Idaho.

Average Home Values

 

Median Home Value:
$103,374

Buhl, ID HOME PRICES

Value Range
> $1,182,000 0.0
$887,001 - $1,182,000 2.2
$591,001 - $887,000 1.1
$473,001 - $591,000 1.4
$355,001 - $473,000 0.6
$236,001 - $355,000 5.9
$118,001 - $236,000 30.0
$59,001 - $118,000 43.5
$0 - $59,000 15.3

Very Low for ID
Low for Nation

Value Relative to Nation Value Relative to State
75.4306808859721 100.0

Number Of Homes And Apartments:
1,471

Buhl Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
ID*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
35.62% 1.78% 1 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$901 / per month

Homeownership Rate

Homeownership
Owners 63.22
Renters 36.78
Vacant 10.03

Housing Market Details

 

Age of Homes

AGE OF Buhl HOMES
2000 or Newer 9.9
1970 - 1999 34.6
1940 - 1969 36.4
1939 or Older 19.1

Types of Homes

TYPE OF Buhl HOMES
Single-Family 72.9
Townhomes 0.0
Small Apt. Buildings 3.6
Apt. Complexes 4.2
Mobile Homes 19.3
Other 0.0

Home Size

SIZE OF Buhl HOMES
No Bedroom 0.49
1 Bedroom 4.89
2 Bedrooms 47.09
3 Bedrooms 40.24
4 Bedrooms 6.06
5 or more bedrooms 1.22

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Zip Codes in Buhl, ID