The housing market in 83462 Carmen, ID is strong and relatively consistent with the national average. The median value of a house in 83462 Carmen, ID stands at $534,800, which is significantly higher than the US median value of $338,100. In terms of appreciation rate over the past year, 83462 Carmen has seen a 7.88% increase compared to the national rate of 8.27%. This indicates that while values are rising in Carmen, they are doing so at a slightly slower rate than the rest of the country. Overall, this suggests that despite its higher median value compared to other areas, 83462 Carmen is still an attractive real estate investment due to its stability and potential for future growth.
The median home cost in Carmen (zip 83462) is $534,800. Home appreciation the last 10 years has been 166.7%. Home Appreciation in Carmen (zip 83462) is up 16.8%.
Average Age of Homes
- The median age of Carmen (zip 83462) real estate is 41 years old
The Rental Market in Carmen (zip 83462)
- Renters make up 27.2% of the Carmen (zip 83462) population
- 0.0% of houses and apartments in Carmen (zip 83462), 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.