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 about Scout's Real Estate Data
With a population of 36,250, 12,481 total housing units (homes and apartments), and a median house value of $299,929, 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 74.85% of the city's housing units. Other types of housing that are prevalent in Post Falls include large apartment complexes or high rise apartments ( 9.45%), duplexes, homes converted to apartments or other small apartment buildings ( 6.66%), and a few mobile homes or trailers ( 6.54%).
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 71.82% of Post Falls's homes, and 72.77% 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 ( 45.31%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.27%). There's also some housing in Post Falls built before 1939 ( 1.75%).
In the last 10 years, Post Falls has experienced some of the highest home appreciation rates of any community in the nation. Post Falls real estate appreciated 107.59% over the last ten years, which is an average annual home appreciation rate of 7.58%, putting Post Falls in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Post Falls 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 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 15.31%, which is higher than appreciation rates in 99.32% 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 4.52%, which equates to an annual appreciation rate of 19.33%.
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 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 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.
High for Nation
High for ID