Caldwell, ID Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Caldwell, ID Housing Market Trends

With 58,481 people, 16,814 houses or apartments, and a median cost of homes of $244,527, Caldwell real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Caldwell, accounting for 75.46% of the city's housing units. Other types of housing that are prevalent in Caldwell include duplexes, homes converted to apartments or other small apartment buildings ( 7.72%), mobile homes or trailers ( 7.33%), and a few large apartment complexes or high rise apartments ( 6.70%).

The most prevalent building size and type in Caldwell are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.83% owning and 38.17% renting.

Caldwell homes and real estate are some of the newest in America. 45.25% of Caldwell's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Caldwell real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.68%), and between 1940-1969 ( 15.79%). There's also some housing in Caldwell built before 1939 ( 3.28%).

Caldwell Home Appreciation Rates

In the last 10 years, Caldwell has experienced some of the highest home appreciation rates of any community in the nation. Caldwell real estate appreciated 311.60% over the last ten years, which is an average annual home appreciation rate of 15.20%, putting Caldwell in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Caldwell definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Caldwell that despite a nationwide downturn in the housing market, Caldwell real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Caldwell appreciation rates continue to be some of the highest in America, at 24.67%, which is higher than appreciation rates in 99.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Caldwell. Caldwell appreciation rates in the latest quarter were at 7.39%, which equates to an annual appreciation rate of 32.99%.

Importantly, NeighborhoodScout’s exclusive research found that Caldwell's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to Idaho, our data show that Caldwell's latest annual appreciation rate is higher than 90% of the other cities and towns in Idaho.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Caldwell differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Caldwell - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Caldwell real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$244,527

Caldwell, ID HOME PRICES

> $1,717,000
0.5%
0.5%
$1,287,001 - $1,717,000
0.1%
0.1%
$858,001 - $1,287,000
0.8%
0.8%
$686,001 - $858,000
1.7%
1.7%
$515,001 - $686,000
2.7%
2.7%
$343,001 - $515,000
16.6%
16.6%
$172,001 - $343,000
54.6%
54.6%
$86,001 - $172,000
13.7%
13.7%
$0 - $86,000
9.3%
9.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Low for ID

Value Relative To Nation

Number Of Homes And Apartments:
16,814

Caldwell Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
ID*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
188.08% 5.04%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,528 / per month

Homeownership Rate

Owners
61.8%
61.8%
Renters
38.2%
38.2%
Vacant
4.1%
4.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
45.2%
45.2%
1970 - 1999
35.7%
35.7%
1940 - 1969
15.8%
15.8%
1939 or Older
3.3%
3.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
75.5%
75.5%
Townhomes
2.7%
2.7%
Small Apt. Buildings
7.7%
7.7%
Apt. Complexes
6.7%
6.7%
Mobile Homes
7.3%
7.3%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.5%
1.5%
1 Bedroom
5.9%
5.9%
2 Bedrooms
19.4%
19.4%
3 Bedrooms
49.4%
49.4%
4 Bedrooms
20.0%
20.0%
5 or more bedrooms
3.8%
3.8%
0.0% 100.0%
% OF HOMES