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 8,564, 3,228 total housing units (homes and apartments), and a median house value of $767,606, Sagle house prices are not only among the most expensive in Idaho, Sagle real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Sagle, accounting for 85.21% of the town's housing units. Other types of housing that are prevalent in Sagle include mobile homes or trailers ( 11.93%), row houses and other attached homes ( 1.90%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sagle. Owner-occupied housing accounts for 87.66% of Sagle's homes, and 69.31% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Sagle built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Sagle built between 2000 and later ( 29.33%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.62%). There's also some housing in Sagle built before 1939 ( 4.71%).
Vacant housing appears to be an issue in Sagle. Fully 24.77% of the housing stock is classified as vacant. Left unchecked, vacant Sagle homes and apartments can be a drag on the real estate market, holding Sagle real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Sagle has experienced some of the highest home appreciation rates of any community in the nation. Sagle real estate appreciated 155.91% over the last ten years, which is an average annual home appreciation rate of 9.85%, putting Sagle in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sagle 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 Sagle that despite a nationwide downturn in the housing market, Sagle real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sagle appreciation rates continue to be some of the highest in America, at 5.37%, which is higher than appreciation rates in 74.99% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sagle. Sagle appreciation rates in the latest quarter were at 0.91%, which equates to an annual appreciation rate of 3.68%.
Relative to Idaho, our data show that Sagle's latest annual appreciation rate is lower than 50% of the other cities and towns in Idaho.
$767,606
for Idaho
for nation
3,228
$1,414 / per month