Mountain Home, ID
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Mountain Home Neighborhoods Since 2000




Mountain Home, 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

Mountain Home Housing Market Information

With a population of 13,730, 5,358 total housing units (homes and apartments), and a median house value of $160,985, Mountain Home 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 Mountain Home, accounting for 69.63% of the city's housing units. Other types of housing that are prevalent in Mountain Home include duplexes, homes converted to apartments or other small apartment buildings ( 11.87%), mobile homes or trailers ( 7.76%), and a few large apartment complexes or high rise apartments ( 5.34%).

The most prevalent building size and type in Mountain Home are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.55% owning and 41.45% renting.

There is a lot of housing in Mountain Home 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 Mountain Home built between 1940-1969 ( 25.16%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.53%). There's also some housing in Mountain Home built before 1939 ( 3.11%).

Vacant housing appears to be an issue in Mountain Home. Fully 15.11% of the housing stock is classified as vacant. Left unchecked, vacant Mountain Home homes and apartments can be a drag on the real estate market, holding Mountain Home 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.

Mountain Home Home Appreciation Rates

Homes have actually lost value in Mountain Home over the last then years, as home values have seen a decline of 19.16% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Mountain Home home appreciation rates at 0.51%, which equates to an annual appreciation rate of 2.04%.

NeighborhoodScout's data show that during the latest twelve months, Mountain Home's appreciation rate, at 5.48%, has been at or slightly above the national average. In the latest quarter, Mountain Home's appreciation rate has been 0.51%, which annualizes to a rate of 2.04%.

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

Average Home Values

 

Median Home Value:
$160,985

Mountain Home, ID HOME PRICES

Value Range
> $1,112,000 0.8
$834,001 - $1,112,000 0.6
$556,001 - $834,000 2.1
$445,001 - $556,000 3.2
$333,001 - $445,000 2.1
$222,001 - $333,000 11.1
$111,001 - $222,000 50.0
$56,001 - $111,000 18.8
$0 - $56,000 11.4

Low for ID
Average for Nation

Value Relative to Nation Value Relative to State
45.2244228290168 71.5447154471545

Number Of Homes And Apartments:
5,358

Mountain Home 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
15.45% 0.84% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$974 / per month

Homeownership Rate

Homeownership
Owners 58.55
Renters 41.45
Vacant 15.11

Housing Market Details

 

Age of Homes

AGE OF Mountain Home HOMES
2000 or Newer 22.5
1970 - 1999 49.2
1940 - 1969 25.2
1939 or Older 3.1

Types of Homes

TYPE OF Mountain Home HOMES
Single-Family 69.6
Townhomes 5.3
Small Apt. Buildings 11.9
Apt. Complexes 5.3
Mobile Homes 7.8
Other 0.1

Home Size

SIZE OF Mountain Home HOMES
No Bedroom 1.41
1 Bedroom 4.10
2 Bedrooms 33.38
3 Bedrooms 42.59
4 Bedrooms 15.83
5 or more bedrooms 2.69

Popular Neighborhoods in Mountain Home

Popular Communities Near Mountain Home, ID

Zip Codes in Mountain Home, ID