Mountain Home, ID

There are many real estate trends in the housing market that comprises the Mountain Home, ID metropolitan statistical area. The following is a brief overview of some of these trends:

The average home price in the Mountain Home metro area has increased significantly over the past few years. In fact, according to Zillow, the median home value in Mountain Home is currently $269,700, which is nearly double the national median home value of $184,700. This trend is likely due to a combination of factors, including population growth and an increase in demand for housing in the area.

Rental prices have also been on the rise in recent years. According to Rent Jungle, the average rent for an apartment in Mountain Home is currently $965 per month. This is significantly higher than the national average rent of $949 per month. Again, this trend is likely due to population growth and increased demand for housing in the area.

The vacancy rate for apartments in Mountain Home has been relatively low over the past few years. According to Reis Reports, the vacancy rate was just 2% as of Q4 2017. This low vacancy rate indicates that there is high demand for apartments in Mountain Home and that landlords are able to keep their units filled with tenants relatively easily.