Weiser, ID
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Weiser, 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

Weiser Housing Market Information

With 5,317 people, 1,887 houses or apartments, and a median cost of homes of $162,642, Weiser 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 Weiser, accounting for 75.41% of the city's housing units. Other types of housing that are prevalent in Weiser include large apartment complexes or high rise apartments ( 8.53%), duplexes, homes converted to apartments or other small apartment buildings ( 8.07%), and a few mobile homes or trailers ( 7.98%).

The most prevalent building size and type in Weiser are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.98% owning and 38.02% renting.

There is a lot of housing in Weiser 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 Weiser built between 1940-1969 ( 29.40%). A lesser amount of the housing stock also hails from before 1939 ( 26.10%). There's also some housing in Weiser built between 2000 and later ( 7.80%).

Vacant housing appears to be an issue in Weiser. Fully 13.44% of the housing stock is classified as vacant. Left unchecked, vacant Weiser homes and apartments can be a drag on the real estate market, holding Weiser real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Weiser Home Appreciation Rates

Weiser's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Weiser during the period has been just -1.43%, which is lower than 80% of US communities.

Appreciation rates are so strong in Weiser that despite a nationwide downturn in the housing market, Weiser real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Weiser appreciation rates continue to be some of the highest in America, at 7.15%, which is higher than appreciation rates in 82.18% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Weiser. Weiser appreciation rates in the latest quarter were at 0.51%, which equates to an annual appreciation rate of 2.04%.

Relative to Idaho, our data show that Weiser's latest annual appreciation rate is higher than 60% of the other cities and towns in Idaho.

Average Home Values

 

Median Home Value:
$162,642

Weiser, ID HOME PRICES

Value Range
> $1,135,000 0.0
$851,001 - $1,135,000 0.0
$567,001 - $851,000 0.4
$454,001 - $567,000 2.7
$340,001 - $454,000 6.2
$227,001 - $340,000 13.9
$113,001 - $227,000 36.1
$57,001 - $113,000 30.3
$0 - $57,000 10.4

Low for ID
Average for Nation

Value Relative to Nation Value Relative to State
44.5798664010313 69.9186991869919

Number Of Homes And Apartments:
1,887

Weiser 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
23.48% 1.23% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$831 / per month

Homeownership Rate

Homeownership
Owners 61.98
Renters 38.02
Vacant 13.44

Housing Market Details

 

Age of Homes

AGE OF Weiser HOMES
2000 or Newer 7.8
1970 - 1999 36.7
1940 - 1969 29.4
1939 or Older 26.1

Types of Homes

TYPE OF Weiser HOMES
Single-Family 75.4
Townhomes 0.0
Small Apt. Buildings 8.1
Apt. Complexes 8.5
Mobile Homes 8.0
Other 0.0

Home Size

SIZE OF Weiser HOMES
No Bedroom 2.48
1 Bedroom 7.89
2 Bedrooms 28.21
3 Bedrooms 42.16
4 Bedrooms 14.50
5 or more bedrooms 4.77

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Zip Codes in Weiser, ID