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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 96,252, 31,585 total housing units (homes and apartments), and a median house value of $204,152, Nampa real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Nampa, accounting for 73.72% 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 ( 8.78%), large apartment complexes or high rise apartments ( 7.13%), and a few mobile homes or trailers ( 5.66%).
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 60.28% owning and 39.72% 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 ( 35.23%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.51%). There's also some housing in Nampa built before 1939 ( 5.21%).
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 82.84% over the last ten years, which is an average annual home appreciation rate of 6.22%, putting Nampa in the top 10% 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 10.81%, which is higher than appreciation rates in 99.72% 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 2.44%, which equates to an annual appreciation rate of 10.13%.
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 80% 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.
|$1,098,001 - $1,464,000||0.3|
|$732,001 - $1,098,000||0.4|
|$586,001 - $732,000||1.1|
|$439,001 - $586,000||4.7|
|$293,001 - $439,000||15.8|
|$146,001 - $293,000||56.6|
|$73,001 - $146,000||14.1|
|$0 - $73,000||6.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q3 - 2019 Q4
Last 12 Months:
2018 Q4 - 2019 Q4
Last 2 Years:
2017 Q4 - 2019 Q4
Last 5 Years:
2014 Q4 - 2019 Q4
Last 10 Years:
2009 Q4 - 2019 Q4
2000 Q1 - 2019 Q4
|* 10 is highest|
|AGE OF Nampa HOMES|
|2000 or Newer||35.2|
|1970 - 1999||47.1|
|1940 - 1969||12.5|
|1939 or Older||5.2|
|TYPE OF Nampa HOMES|
|Small Apt. Buildings||8.8|
|SIZE OF Nampa HOMES|
|5 or more bedrooms||3.92|