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 $360,385 in October, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.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. Rockland, ID
- Typical home value: $284,596
- 1-year price change: +2.2%
- 5-year price change: +65.0%
#8. American Falls, ID
- Typical home value: $296,117
- 1-year price change: +3.4%
- 5-year price change: +79.9%
#7. Downey, ID
- Typical home value: $300,970
- 1-year price change: +0.4%
- 5-year price change: +70.7%
#6. Pocatello, ID
- Typical home value: $324,926
- 1-year price change: +3.2%
- 5-year price change: +71.4%
#5. Chubbuck, ID
- Typical home value: $372,225
- 1-year price change: +2.8%
- 5-year price change: +65.6%
#4. McCammon, ID
- Typical home value: $422,941
- 1-year price change: +3.0%
- 5-year price change: +83.2%
#3. Fort Hall, ID
- Typical home value: $426,462
- 1-year price change: +3.7%
- 5-year price change: +69.5%
#2. Lava Hot Springs, ID
- Typical home value: $438,953
- 1-year price change: +3.2%
- 5-year price change: +80.2%
#1. Inkom, ID
- Typical home value: $461,519
- 1-year price change: +2.8%
- 5-year price change: +74.6%