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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Emmett, ID Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Emmett, ID Housing Market Trends

With 8,184 people, 2,790 houses or apartments, and a median cost of homes of $341,943, Emmett real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Emmett, accounting for 68.84% of the city's housing units. Other types of housing that are prevalent in Emmett include duplexes, homes converted to apartments or other small apartment buildings ( 11.37%), large apartment complexes or high rise apartments ( 9.26%), and a few mobile homes or trailers ( 7.87%).

The most prevalent building size and type in Emmett are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.09% owning and 38.91% renting.

There is a lot of housing in Emmett 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 Emmett built between 2000 and later ( 26.47%). A lesser amount of the housing stock also hails from before 1939 ( 19.27%). There's also some housing in Emmett built between 1940-1969 ( 18.17%).

Emmett Home Appreciation Rates

In the last 10 years, Emmett has experienced some of the highest home appreciation rates of any community in the nation. Emmett real estate appreciated 154.48% over the last ten years, which is an average annual home appreciation rate of 9.79%, putting Emmett in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Emmett definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Emmett appreciation rates have trailed the rest of the nation. In the last twelve months, Emmett's appreciation rate has been -4.02%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Emmett were at -0.84%, which equates to an annual appreciation rate of -3.32%.

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

Relative to Idaho, our data show that Emmett's latest annual appreciation rate is lower than 80% of the other cities and towns in Idaho.

Average Home Values

Median Home Value

$341,943

Emmett, ID Home Prices
> $1,199,000
$899,001 - $1,199,000
$599,001 - $899,000
$479,001 - $599,000
$360,001 - $479,000
$240,001 - $360,000
$120,001 - $240,000
$60,001 - $120,000
$0 - $60,000
0.4%
0.4%
4.0%
4.0%
12.6%
12.6%
11.9%
11.9%
18.0%
18.0%
14.8%
14.8%
27.1%
27.1%
5.1%
5.1%
6.1%
6.1%
0% 100.0%
% of Homes
Average

for Idaho

High

for nation

Number of Homes And Apartments:

2,790

Emmett Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,182 / per month

Homeownership Rate

Owners
Renters
61.1%
61.1%
38.9%
38.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
9.6%
9.6%
90.4%
90.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
26.5%
26.5%
36.1%
36.1%
18.2%
18.2%
19.3%
19.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
68.8%
68.8%
2.2%
2.2%
11.4%
11.4%
9.3%
9.3%
7.9%
7.9%
0.5%
0.5%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
5.9%
5.9%
8.6%
8.6%
33.4%
33.4%
38.7%
38.7%
12.3%
12.3%
1.1%
1.1%
0% 100.0%
% of Homes

Popular Neighborhoods in Emmett

Zip Codes in Emmett, ID