February 14, 2017 | Amanda Hodges

The Nampa real estate market is hot right now for two reasons: great geographic location and affordability. But the best part? The home value median for Nampa is $136,100. Nampa shares its limits with Boise, and as such is privy to the benefits that the capital has to offer. But Nampa has plenty to offer on its own. Not only does Nampa have a great job market like Boise, but also it boasts perhaps the best park system in the state. From national parks to world-class golf courses Nampa is a metropolitan entertainment forum.

In 2015 the median home price for existing homes in Ada County increased about 10%, or $21,000. For example, homes in the Eagle real estate  market increased from under $300K to $327,700. The median home price slipped a little in the final quarter of 2015 but this is not unusual for the time of year. On the flip side new home construction increased 42% in dollar amount between the third and fourth quarter of last year. Total dollar volume for the year was $565 million for around 1,680 homes sold. New homes in the county had their median sale price rise 4.67% for the year. This equates to a median cost of $313,900. Canyon County saw similar increases, but the market is just not as expensive. New homes constructed in Canyon typically held a median price of $204,900 (which is over $100,000 less than Ada County.


Source : http://www.housingpredictor.com/2016-idaho-real-estate/
Share

check_circle

You message has been sent!

Send us a Message


You agree to receive automated promotional messages from Homes of Idaho Team regarding real estate information and education.Click here for terms and privacy policy. Message frequency varies. To opt out of receiving messages from me, text STOP to cancel. Reply HELP for help. Message and data rates may apply.