Cities with the most expensive homes in the Pocatello metro area
Cities with the most expensive homes in the Pocatello metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Pocatello metro area using data from . Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
#9. Rockland, ID
- Typical home value: $259,778
- 1-year price change: +2.3%
- 5-year price change: +16.4%
#8. American Falls, ID
- Typical home value: $283,045
- 1-year price change: +0.2%
- 5-year price change: +26.0%
#7. Downey, ID
- Typical home value: $338,561
- 1-year price change: +2.5%
- 5-year price change: +27.7%
#6. Pocatello, ID
- Typical home value: $346,271
- 1-year price change: +1.0%
- 5-year price change: +28.4%
#5. Chubbuck, ID
- Typical home value: $389,130
- 1-year price change: +1.0%
- 5-year price change: +25.6%
#4. Fort Hall, ID
- Typical home value: $406,192
- 1-year price change: -0.7%
- 5-year price change: +28.3%
#3. McCammon, ID
- Typical home value: $444,554
- 1-year price change: -0.2%
- 5-year price change: +27.8%
#2. Lava Hot Springs, ID
- Typical home value: $457,667
- 1-year price change: -2.0%
- 5-year price change: +22.1%
#1. Inkom, ID
- Typical home value: $490,348
- 1-year price change: +0.4%
- 5-year price change: +29.9%