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Nampa, 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 Q2 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

Nampa, ID Housing Market Trends

With a population of 100,200, 34,164 total housing units (homes and apartments), and a median house value of $341,435, 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 75.58% 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 ( 9.36%), large apartment complexes or high rise apartments ( 6.20%), and a few mobile homes or trailers ( 5.19%).

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 64.93% owning and 35.07% 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 ( 38.70%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.49%). There's also some housing in Nampa built before 1939 ( 5.38%).

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 275.63% over the last ten years, which is an average annual home appreciation rate of 14.15%, 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.

Over the last year, Nampa appreciation rates have trailed the rest of the nation. In the last twelve months, Nampa's appreciation rate has been 10.30%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Nampa were at 1.47%, which equates to an annual appreciation rate of 6.00%.

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

Relative to Idaho, our data show that Nampa'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 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:
$341,435

Nampa, ID HOME PRICES

> $1,729,000
$1,296,001 - $1,729,000
$864,001 - $1,296,000
$692,001 - $864,000
$518,001 - $692,000
$346,001 - $518,000
$173,001 - $346,000
$86,001 - $173,000
$0 - $86,000
0.2%
0.2%
0.3%
0.3%
1.9%
1.9%
2.4%
2.4%
9.4%
9.4%
31.9%
31.9%
42.4%
42.4%
7.4%
7.4%
4.0%
4.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Average for ID

Value Relative To Nation

Number Of Homes And Apartments:
34,164

Nampa Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
ID*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
237.45% 5.55%
7
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,863 / per month

Homeownership Rate

Owners
Renters
Vacant
64.9%
64.9%
35.1%
35.1%
3.1%
3.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
38.7%
38.7%
42.4%
42.4%
13.5%
13.5%
5.4%
5.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
75.6%
75.6%
3.3%
3.3%
9.4%
9.4%
6.2%
6.2%
5.2%
5.2%
0.4%
0.4%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.3%
1.3%
5.1%
5.1%
21.1%
21.1%
50.3%
50.3%
17.7%
17.7%
4.6%
4.6%
0.0% 100.0%
% OF HOMES