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, affordability plays a huge role for buyers.
The typical home value in the United States was $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.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.
Stacker compiled a list of cities with the most expensive homes in the Pocatello metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
#9. Downey, ID
- Typical home value: $284,054
- 1-year price change: +0.2%
- 5-year price change: +73.1%
#8. American Falls, ID
- Typical home value: $284,723
- 1-year price change: +6.1%
- 5-year price change: +84.0%
#7. Rockland, ID
- Typical home value: $285,555
- 1-year price change: +1.7%
- 5-year price change: +73.9%
#6. Pocatello, ID
- Typical home value: $317,666
- 1-year price change: +4.5%
- 5-year price change: +82.5%
#5. Chubbuck, ID
- Typical home value: $367,483
- 1-year price change: +3.0%
- 5-year price change: +76.2%
#4. McCammon, ID
- Typical home value: $402,968
- 1-year price change: +1.9%
- 5-year price change: +85.6%
#3. Fort Hall, ID
- Typical home value: $407,902
- 1-year price change: -0.7%
- 5-year price change: +74.9%
#2. Lava Hot Springs, ID
- Typical home value: $420,977
- 1-year price change: +2.9%
- 5-year price change: +85.9%
#1. Inkom, ID
- Typical home value: $449,191
- 1-year price change: +3.6%
- 5-year price change: +82.1%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
