Nampa, ID
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Nampa, ID Real Estate Data


Nampa Housing Market Information

With a population of 89,839, 28,098 total housing units (homes and apartments), and a median house value of $161,496, 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 75.04% 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 ( 10.29%), mobile homes or trailers ( 6.04%), and a few large apartment complexes or high rise apartments ( 5.24%).

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 61.91% owning and 38.09% 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 ( 35.33%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.42%). There's also some housing in Nampa built before 1939 ( 5.25%).

Nampa Home Appreciation Rates

Nampa's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Nampa during the period has been just -1.51%, which is lower than 80% of US communities.

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 7.86%, which is higher than appreciation rates in 90.70% 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 1.67%, which equates to an annual appreciation rate of 6.85%.

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.

Average Home Values

 

Median Home Value:
$161,496

Nampa, ID HOME PRICES

Value Range
> $1,441,000 0.1
$1,081,001 - $1,441,000 0.0
$720,001 - $1,081,000 0.2
$576,001 - $720,000 0.4
$432,001 - $576,000 2.8
$288,001 - $432,000 9.4
$144,001 - $288,000 43.8
$72,001 - $144,000 35.2
$0 - $72,000 8.1

Low for ID
Average for Nation

Value Relative to Nation Value Relative to State
46.1263688001405 72.3577235772358

Number Of Homes And Apartments:
28,098

Rent & Ownership

 

Average Market Rent:
$1,025 / per month

Homeownership Rate

Homeownership
Owners 61.91
Renters 38.09
Vacant 7.70

Housing Market Details

 

Age of Homes

AGE OF Nampa HOMES
2000 or Newer 35.3
1970 - 1999 45.0
1940 - 1969 14.4
1939 or Older 5.2

Types of Homes

TYPE OF Nampa HOMES
Single-Family 75.0
Townhomes 3.4
Small Apt. Buildings 10.3
Apt. Complexes 5.2
Mobile Homes 6.0
Other 0.0

Home Size

SIZE OF Nampa HOMES
No Bedroom 1.17
1 Bedroom 5.92
2 Bedrooms 20.71
3 Bedrooms 50.11
4 Bedrooms 18.22
5 or more bedrooms 3.87

Nampa Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
ID*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
38.67% 1.94% 2 4
* 10 is highest