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 $360,999 in September, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of October 17, the 30-year fixed mortgage rate sits at 6.44%.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: $287,465
- 1-year price change: +2.6%
- 5-year price change: +66.7%
#8. American Falls, ID
- Typical home value: $292,915
- 1-year price change: +3.0%
- 5-year price change: +81.0%
#7. Downey, ID
- Typical home value: $303,266
- 1-year price change: -0.3%
- 5-year price change: +71.7%
#6. Pocatello, ID
- Typical home value: $327,104
- 1-year price change: +3.1%
- 5-year price change: +72.4%
#5. Chubbuck, ID
- Typical home value: $373,860
- 1-year price change: +2.5%
- 5-year price change: +66.6%
#4. McCammon, ID
- Typical home value: $415,774
- 1-year price change: +2.3%
- 5-year price change: +83.5%
#3. Fort Hall, ID
- Typical home value: $425,309
- 1-year price change: +3.0%
- 5-year price change: +70.4%
#2. Lava Hot Springs, ID
- Typical home value: $436,222
- 1-year price change: +2.3%
- 5-year price change: +80.2%
#1. Inkom, ID
- Typical home value: $459,758
- 1-year price change: +2.4%
- 5-year price change: +75.3%