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 31,865 people, 11,472 houses or apartments, and a median cost of homes of $235,876, Post Falls real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Post Falls, accounting for 75.81% of the city's housing units. Other types of housing that are prevalent in Post Falls include large apartment complexes or high rise apartments ( 9.76%), duplexes, homes converted to apartments or other small apartment buildings ( 7.49%), and a few mobile homes or trailers ( 5.53%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Post Falls. Owner-occupied housing accounts for 67.06% of Post Falls's homes, and 69.20% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Post Falls 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 Post Falls built between 2000 and later ( 42.74%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.85%).
Appreciation rates for homes in Post Falls have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 16.21%, which ranks in the top 50% nationwide. This equates to an annual average Post Falls house appreciation rate of 1.51%.
Appreciation rates are so strong in Post Falls that despite a nationwide downturn in the housing market, Post Falls real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Post Falls appreciation rates continue to be some of the highest in America, at 6.93%, which is higher than appreciation rates in 72.36% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Post Falls. Post Falls appreciation rates in the latest quarter were at 6.79%, which equates to an annual appreciation rate of 30.05%.
Importantly, NeighborhoodScout’s exclusive research found that Post Falls'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 Post Falls'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 Post Falls differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Post Falls - 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 Post Falls real estate investment or home purchase decisions.
|$1,043,001 - $1,391,000||1.7|
|$696,001 - $1,043,000||1.7|
|$557,001 - $696,000||2.7|
|$418,001 - $557,000||7.1|
|$278,001 - $418,000||18.0|
|$139,001 - $278,000||56.3|
|$69,001 - $139,000||4.1|
|$0 - $69,000||7.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
2000 Q1 - 2018 Q3
|* 10 is highest|
|AGE OF Post Falls HOMES|
|2000 or Newer||42.7|
|1970 - 1999||50.7|
|1940 - 1969||5.8|
|1939 or Older||0.7|
|TYPE OF Post Falls HOMES|
|Small Apt. Buildings||7.5|
|SIZE OF Post Falls HOMES|
|5 or more bedrooms||5.85|