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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 19,617, 6,142 total housing units (homes and apartments), and a median house value of $432,830, Ammon real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Ammon, accounting for 64.74% of the city's housing units. Other types of housing that are prevalent in Ammon include large apartment complexes or high rise apartments ( 15.72%), row houses and other attached homes ( 12.58%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.96%).
The large homes that make up Ammon are primarily owner-occupied ( 69.58%).
Ammon homes and real estate are some of the newest in America. 64.74% of Ammon'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 Ammon real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 25.06%), and between 1940-1969 ( 8.98%). There's also some housing in Ammon built before 1939 ( 1.22%).
In the last 10 years, Ammon has experienced some of the highest home appreciation rates of any community in the nation. Ammon real estate appreciated 148.35% over the last ten years, which is an average annual home appreciation rate of 9.52%, putting Ammon in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Ammon 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 Ammon that despite a nationwide downturn in the housing market, Ammon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ammon appreciation rates continue to be some of the highest in America, at 6.05%, which is higher than appreciation rates in 81.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ammon. Ammon appreciation rates in the latest quarter were at -1.03%, which equates to an annual appreciation rate of -4.07%.
Notably, Ammon's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Idaho, our data show that Ammon's latest annual appreciation rate is higher than 50% of the other cities and towns in Idaho.
$432,830
for Idaho
for nation
6,142
$1,885 / per month