Nampa, ID
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Nampa, 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 Q4 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Nampa Housing Market Information

With 93,590 people, 30,661 houses or apartments, and a median cost of homes of $188,895, Nampa 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 Nampa, accounting for 74.50% of the city's housing units. Other types of housing that are prevalent in Nampa include duplexes, homes converted to apartments or other small apartment buildings ( 9.05%), large apartment complexes or high rise apartments ( 6.37%), and a few mobile homes or trailers ( 5.71%).

The most prevalent building size and type in Nampa are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.01% owning and 38.99% renting.

There is a lot of housing in Nampa 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 Nampa built between 2000 and later ( 34.90%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.48%). There's also some housing in Nampa built before 1939 ( 5.06%).

Nampa Home Appreciation Rates

In the last 10 years, Nampa has experienced some of the highest home appreciation rates of any community in the nation. Nampa real estate appreciated 32.89% over the last ten years, which is an average annual home appreciation rate of 2.88%, putting Nampa in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Nampa definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Nampa that despite a nationwide downturn in the housing market, Nampa real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Nampa appreciation rates continue to be some of the highest in America, at 17.10%, which is higher than appreciation rates in 99.87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Nampa. Nampa appreciation rates in the latest quarter were at 3.77%, which equates to an annual appreciation rate of 15.96%.

Importantly, NeighborhoodScout’s exclusive research found that Nampa's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$188,895

Nampa, ID HOME PRICES

Value Range
> $1,476,000 0.2
$1,107,001 - $1,476,000 0.1
$738,001 - $1,107,000 0.3
$591,001 - $738,000 0.8
$443,001 - $591,000 3.7
$295,001 - $443,000 12.5
$148,001 - $295,000 53.4
$73,001 - $148,000 20.1
$0 - $73,000 8.9

Low for ID
Average for Nation

Value Relative to Nation Value Relative to State
41.4131386861314 69.3548387096774

Number Of Homes And Apartments:
30,661

Nampa Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
ID*
Compared To
America*
Latest Quarter:
2018 Q3 - 2018 Q4
Last 12 Months:
2017 Q4 - 2018 Q4
Last 2 Years:
2016 Q4 - 2018 Q4
Last 5 Years:
2013 Q4 - 2018 Q4
Last 10 Years:
2008 Q4 - 2018 Q4
Since 2000:
2000 Q1 - 2018 Q4
92.14% 3.45%
6
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,247 / per month

Homeownership Rate

Homeownership
Owners 61.01
Renters 38.99
Vacant 5.22

Housing Market Details

 

Age of Homes

AGE OF Nampa HOMES
2000 or Newer 34.9
1970 - 1999 47.6
1940 - 1969 12.5
1939 or Older 5.1

Types of Homes

TYPE OF Nampa HOMES
Single-Family 74.5
Townhomes 4.2
Small Apt. Buildings 9.1
Apt. Complexes 6.4
Mobile Homes 5.7
Other 0.2

Home Size

SIZE OF Nampa HOMES
No Bedroom 2.00
1 Bedroom 4.84
2 Bedrooms 20.66
3 Bedrooms 50.93
4 Bedrooms 17.62
5 or more bedrooms 3.96