Idaho Falls Real Estate Market
Idaho Falls is one of Southeast Idaho’s most popular real estate markets. Over the past couple years home values have increased on average 28%. This means that if you bought your home a while ago it may very well be worth quite a bit more than what you bought it at. The market has been pretty active in the last year and the signs show that it will continue to be strong. It’s important to understand where the market is at if you are buying, selling, or investing in real estate. Having an experienced real estate agent to guide you through the process is a must. 2019 will be another strong year for the Idaho Falls real estate market.
Idaho Falls Home Values
The chances are you are realizing that the value of your home has drastically increased since you bought your home. If you are interested in what your home is worth get a free home valuation on us! Median home values in the Idaho Falls area are at 194K, this means there are as many homes lower priced than this home as there are higher priced. This is about 28% higher than it was 2 years ago! Idaho Falls real estate values are estimated to have increase over 14% in the last year. There are certain areas in the Idaho Falls where values have increased more than the average statistics, if you are curious about the real estate market in your area contact us.
Idaho Falls Home Buyers
If you are a home buyers trying to figure out how to purchase a home when values are increasing, there is no need to worry. Home values tend to increase year after year, owning a home will allow you to build equity instead of paying rent where there is no return. The Idaho real estate market continues to be strong in 2019. Interest rates in Idaho have decreased from December 2018 and it is still a great time to qualify for a mortgage loan. If you are new to owning a home check out our article about first time home buyers. Hunting for a home in a an active market can be stressful without an experienced real estate agent. Here are some house hunting tips in Southeast Idaho.
Dustin Hawkins and his team at Team Greene Real Estate can be your first resource when it comes to the Idaho Falls real estate market. If you are thinking about selling your home or finding the perfect place give us a call! We enjoy helping people achieve their real estate goals. We will share our expertise on the market and provide the est customer service throughout the process. Please use our real estate resources below.
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