Chubbuck, ID
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Chubbuck, 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

Chubbuck Housing Market Information

With 14,428 people, 4,865 houses or apartments, and a median cost of homes of $160,766, Chubbuck real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Chubbuck, accounting for 64.52% of the city's housing units. Other types of housing that are prevalent in Chubbuck include duplexes, homes converted to apartments or other small apartment buildings ( 16.76%), large apartment complexes or high rise apartments ( 8.09%), and a few mobile homes or trailers ( 6.18%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chubbuck. Owner-occupied housing accounts for 68.72% of Chubbuck's homes, and 55.05% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Chubbuck built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Chubbuck built between 2000 and later ( 29.86%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.04%).

Chubbuck Home Appreciation Rates

Real estate appreciation rates in Chubbuck's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.01% during the period.

Over the last year, Chubbuck appreciation rates have trailed the rest of the nation. In the last twelve months, Chubbuck's appreciation rate has been 0.50%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Chubbuck were at -0.93%, which equates to an annual appreciation rate of -3.66%.

Notably, Chubbuck's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Idaho, our data show that Chubbuck's latest annual appreciation rate is lower than 90% of the other cities and towns in Idaho.

Average Home Values

 

Median Home Value:
$160,766

Chubbuck, ID HOME PRICES

Value Range
> $1,066,000 0.5
$799,001 - $1,066,000 0.0
$533,001 - $799,000 0.7
$426,001 - $533,000 0.2
$320,001 - $426,000 4.2
$213,001 - $320,000 18.9
$107,001 - $213,000 54.6
$53,001 - $107,000 11.4
$0 - $53,000 9.6

Low for ID
Average for Nation

Value Relative to Nation Value Relative to State
45.3474745107231 72.3577235772358

Number Of Homes And Apartments:
4,865

Chubbuck 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
41.61% 2.04% 2 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$792 / per month

Homeownership Rate

Homeownership
Owners 68.72
Renters 31.28
Vacant 3.03

Housing Market Details

 

Age of Homes

AGE OF Chubbuck HOMES
2000 or Newer 29.9
1970 - 1999 58.3
1940 - 1969 11.0
1939 or Older 0.8

Types of Homes

TYPE OF Chubbuck HOMES
Single-Family 64.5
Townhomes 4.4
Small Apt. Buildings 16.8
Apt. Complexes 8.1
Mobile Homes 6.2
Other 0.0

Home Size

SIZE OF Chubbuck HOMES
No Bedroom 2.31
1 Bedroom 5.22
2 Bedrooms 16.98
3 Bedrooms 34.88
4 Bedrooms 20.17
5 or more bedrooms 20.43

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Zip Codes in Chubbuck, ID