Lewiston, 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 Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Lewiston, ID Housing Market Trends

With a population of 34,203, 13,686 total housing units (homes and apartments), and a median house value of $282,150, Lewiston real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Lewiston, accounting for 68.94% of the city's housing units. Other types of housing that are prevalent in Lewiston include large apartment complexes or high rise apartments ( 10.69%), duplexes, homes converted to apartments or other small apartment buildings ( 9.40%), and a few mobile homes or trailers ( 7.29%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lewiston. Owner-occupied housing accounts for 70.05% of Lewiston's homes, and 53.16% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Lewiston 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 Lewiston built between 1940-1969 ( 34.53%). A lesser amount of the housing stock also hails from before 1939 ( 16.29%). There's also some housing in Lewiston built between 2000 and later ( 9.04%).

Lewiston Home Appreciation Rates

Appreciation rates for homes in Lewiston have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 80.78%, which ranks in the top 30% nationwide. This equates to an annual average Lewiston house appreciation rate of 6.10%.

NeighborhoodScout's data show that during the latest twelve months, Lewiston's appreciation rate, at 17.35%, has been at or slightly above the national average. In the latest quarter, Lewiston's appreciation rate has been 0.94%, which annualizes to a rate of 3.82%.

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

Relative to Idaho, our data show that Lewiston's latest annual appreciation rate is lower than 90% 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 Lewiston differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Lewiston - 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 Lewiston real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$282,150

Lewiston, ID HOME PRICES

> $1,462,000
$1,096,001 - $1,462,000
$731,001 - $1,096,000
$585,001 - $731,000
$438,001 - $585,000
$293,001 - $438,000
$146,001 - $293,000
$73,001 - $146,000
$0 - $73,000
0.4%
0.4%
0.5%
0.5%
1.2%
1.2%
2.8%
2.8%
12.7%
12.7%
36.5%
36.5%
39.0%
39.0%
3.3%
3.3%
3.6%
3.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Low for ID

Value Relative To Nation

Number Of Homes And Apartments:
13,686

Lewiston Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
ID*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
173.24% 4.62%
2
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,134 / per month

Homeownership Rate

Owners
Renters
Vacant
70.1%
70.1%
29.9%
29.9%
5.8%
5.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.0%
9.0%
40.1%
40.1%
34.5%
34.5%
16.3%
16.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
68.9%
68.9%
3.4%
3.4%
9.4%
9.4%
10.7%
10.7%
7.3%
7.3%
0.3%
0.3%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.9%
2.9%
9.7%
9.7%
30.0%
30.0%
35.0%
35.0%
18.2%
18.2%
4.3%
4.3%
0.0% 100.0%
% OF HOMES

Popular Communities Near Lewiston, ID

Zip Codes in Lewiston, ID