What Treasure Valley Cities Have the Most Expensive Homes?
Home prices are going up all over the country but no where can quite compare to the soaring prices that the Treasure Valley has seen over the last couple of years. The US as a whole has seen nearly a 20% increase in the average home value around the country in the last year. The Boise Metro area is far above that with some areas at a 50% increase or more. A brand new evaluation just came out with the states real estate information compiled as recent as November 2021.
The website Stacker compiled a list of cities with the most expensive homes in Boise City, ID metro area using data from Zillow. When describing the findings the website says, "Home buyers have a lot to consider when house-hunting or looking to invest in rental properties, from the state of the housing market itself to taxes and potential resale value. The housing market grew robust and pricey in the decade following the 2008 recession, and more recently saw a boom during the coronavirus pandemic. More desirable neighborhoods allow sellers to charge more; the mantra "location, location, location" has never been more relevant."
So what 'Location' is top in the Boise metro / Treasure Valley area? Scroll to check out the top 10 cities for real-estate in the area with the average recent home price and the price change over the past year. To see the price changes in each area over the past 5 years, check out the original article on Stacker.com