Cities with the most expensive homes in Idaho
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 $359,402 in April, 4.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 23, the 30-year fixed mortgage rate sits at 6.94%.
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.
Using Zillow Data to Find Cities in Idaho With the Most Expensive Homes
Stacker compiled a list of cities with the most expensive homes in Idaho using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of April 2024. The charts in this story were created automatically using Matplotlib.
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Cities with the most expensive homes in Idaho
Gallery Credit: Stacker