Which Homes Have Increased In Value The Most In Idaho

Which Homes Have Increased In Value The Most In Idaho

Which Homes Have Increased in Value the Most? | MyKCM

Home values have risen dramatically over the last twelve months around the U.S. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 5.6%. CoreLogic, in their most recent Home Price Index Report, revealed that national home prices have increased by 6.7% year-over-year.

CoreLogic broke appreciation down ever further into four price ranges which gives a more detailed view than simply looking at the year-over-year increases of the national median home price.


The chart below shows the four tiers and each one’s growth from July 2016 to July 2017 (the latest data available).

Which Homes Have Increased in Value the Most? | MyKCM


It is important to pay attention to how prices are changing in your local market. In Idaho, the median home value has risen 10.3%.   More specifically in the Treasure Valley, 9.6% in Ada County and 11% in Canyon County.  The location of your home is not the only factor in determining how much it has appreciated over the course of the last year. Lower priced homes have appreciated at greater rates than homes at the upper ends of the spectrum, due to demand from first-time home buyers and baby boomers looking to downsize.


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If you are planning on listing your home for sale in today’s market, let’s get together to go over exactly what’s going on in your area and your price range.


Jimmie Miller Headshot
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Phone: 208-867-4020
Dated: October 2nd 2017
Views: 78
About Jimmie: With 20 years of experience in both Commercial and Residential sales and ownership experience, I wil...

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