Pocatello, ID
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Pocatello Neighborhoods Since 2000




Pocatello, 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

Pocatello Housing Market Information

With a population of 54,427, 20,428 total housing units (homes and apartments), and a median house value of $139,258, house prices in Pocatello are solidly below the national average.

Single-family detached homes are the single most common housing type in Pocatello, accounting for 62.27% of the city's housing units. Other types of housing that are prevalent in Pocatello include duplexes, homes converted to apartments or other small apartment buildings ( 14.02%), large apartment complexes or high rise apartments ( 12.09%), and a few mobile homes or trailers ( 6.78%).

The most prevalent building size and type in Pocatello are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.13% owning and 40.87% renting.

There is a lot of housing in Pocatello 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 Pocatello built between 1940-1969 ( 36.66%). A lesser amount of the housing stock also hails from before 1939 ( 14.32%). There's also some housing in Pocatello built between 2000 and later ( 9.17%).

Pocatello Home Appreciation Rates

Real estate appreciation rates in Pocatello's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.02% during the period.

Over the last year, Pocatello appreciation rates have trailed the rest of the nation. In the last twelve months, Pocatello's appreciation rate has been 0.70%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pocatello were at -0.93%, which equates to an annual appreciation rate of -3.66%.

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

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

Average Home Values

 

Median Home Value:
$139,258

Pocatello, ID HOME PRICES

Value Range
> $1,071,000 0.0
$803,001 - $1,071,000 0.0
$535,001 - $803,000 0.5
$428,001 - $535,000 0.5
$321,001 - $428,000 3.2
$214,001 - $321,000 12.4
$107,001 - $214,000 55.8
$54,001 - $107,000 19.4
$0 - $54,000 8.0

Very Low for ID
Average for Nation

Value Relative to Nation Value Relative to State
55.1212938005391 86.1788617886179

Number Of Homes And Apartments:
20,428

Pocatello 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
39.15% 1.93% 2 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$791 / per month

Homeownership Rate

Homeownership
Owners 59.13
Renters 40.87
Vacant 8.77

Housing Market Details

 

Age of Homes

AGE OF Pocatello HOMES
2000 or Newer 9.2
1970 - 1999 39.8
1940 - 1969 36.7
1939 or Older 14.3

Types of Homes

TYPE OF Pocatello HOMES
Single-Family 62.3
Townhomes 4.8
Small Apt. Buildings 14.0
Apt. Complexes 12.1
Mobile Homes 6.8
Other 0.1

Home Size

SIZE OF Pocatello HOMES
No Bedroom 2.26
1 Bedroom 10.37
2 Bedrooms 28.38
3 Bedrooms 28.43
4 Bedrooms 18.08
5 or more bedrooms 12.48