Ponderay, ID boasts a healthy housing market with a median value of $344,200. This is slightly higher than the US median house value of $338,100. In the past year, the US has seen an 8.27% appreciation in their home values; however, Ponderay, ID鈥檚 appreciation rate was much higher at 8.90%. This indicates that Ponderay is a desirable place to live as the housing demand is strong which is driving up values.
The median home cost in Ponderay is $344,200. Home appreciation the last 10 years has been 181.9%. Home Appreciation in Ponderay is up 15.8%.
Average Age of Homes
- The median age of Ponderay real estate is 21 years old
The Rental Market in Ponderay
- Renters make up 65.0% of the Ponderay population
- 2.6% of houses and apartments in Ponderay, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.