Idaho Falls, ID
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Idaho Falls, 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 Q2 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Idaho Falls Housing Market Information

With 60,211 people, 21,119 houses or apartments, and a median cost of homes of $168,231, Idaho Falls 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 Idaho Falls, accounting for 68.29% of the city's housing units. Other types of housing that are prevalent in Idaho Falls include duplexes, homes converted to apartments or other small apartment buildings ( 12.45%), large apartment complexes or high rise apartments ( 11.60%), and a few row houses and other attached homes ( 5.26%).

The most prevalent building size and type in Idaho Falls are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.90% owning and 36.10% renting.

There is a lot of housing in Idaho Falls 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 Idaho Falls built between 1940-1969 ( 33.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.84%). There's also some housing in Idaho Falls built before 1939 ( 9.72%).

Idaho Falls Home Appreciation Rates

Real estate appreciation rates in Idaho Falls's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.79% during the period.

NeighborhoodScout's data show that during the latest twelve months, Idaho Falls's appreciation rate, at 6.36%, has been at or slightly above the national average. In the latest quarter, Idaho Falls's appreciation rate has been 2.00%, which annualizes to a rate of 8.23%.

Relative to Idaho, our data show that Idaho Falls's latest annual appreciation rate is lower than 60% of the other cities and towns in Idaho.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Idaho Falls differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Idaho Falls - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Idaho Falls real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$168,231

Idaho Falls, ID HOME PRICES

Value Range
> $1,266,000 0.3
$949,001 - $1,266,000 0.5
$633,001 - $949,000 0.9
$506,001 - $633,000 1.1
$380,001 - $506,000 2.9
$253,001 - $380,000 13.2
$127,001 - $253,000 55.9
$63,001 - $127,000 20.4
$0 - $63,000 4.8

Low for ID
Average for Nation

Value Relative to Nation Value Relative to State
46.7036496350365 79.8387096774193

Number Of Homes And Apartments:
21,119

Idaho Falls Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
ID*
Compared To
America*
Latest Quarter:
2018 Q1 - 2018 Q2
Last 12 Months:
2017 Q2 - 2018 Q2
Last 2 Years:
2016 Q2 - 2018 Q2
Last 5 Years:
2013 Q2 - 2018 Q2
Last 10 Years:
2008 Q2 - 2018 Q2
Since 2000:
2000 Q1 - 2018 Q2
59.94% 2.57%
2
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$896 / per month

Homeownership Rate

Homeownership
Owners 63.90
Renters 36.10
Vacant 9.31

Housing Market Details

 

Age of Homes

AGE OF Idaho Falls HOMES
2000 or Newer 16.8
1970 - 1999 39.7
1940 - 1969 33.8
1939 or Older 9.7

Types of Homes

TYPE OF Idaho Falls HOMES
Single-Family 68.3
Townhomes 5.3
Small Apt. Buildings 12.5
Apt. Complexes 11.6
Mobile Homes 2.3
Other 0.1

Home Size

SIZE OF Idaho Falls HOMES
No Bedroom 2.12
1 Bedroom 7.54
2 Bedrooms 24.65
3 Bedrooms 30.07
4 Bedrooms 20.84
5 or more bedrooms 14.78