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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Craigmont, 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 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

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

Craigmont, ID Housing Market Trends

With 490 people, 235 houses or apartments, and a median cost of homes of $240,938, house prices in Craigmont are solidly below the national average.

Single-family detached homes are the single most common housing type in Craigmont, accounting for 84.77% of the city's housing units. Other types of housing that are prevalent in Craigmont include mobile homes or trailers ( 14.06%), duplexes, homes converted to apartments or other small apartment buildings ( 1.17%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Craigmont. Owner-occupied housing accounts for 91.06% of Craigmont's homes, and 59.38% have either three or four bedrooms, which is average sized relative to America.

The housing in Craigmont was primarily built before 1939 ( 37.89%), making the housing stock in Craigmont some of the oldest overall in America, although there is a range of ages of homes in Craigmont. The next most important housing age is between 1970-1999 ( 33.59%), followed by between 1940-1969 ( 26.56%). There's also some housing in Craigmont built between 2000 and later ( 1.95%).

Craigmont Home Appreciation Rates

In the last 10 years, Craigmont has experienced some of the highest home appreciation rates of any community in the nation. Craigmont real estate appreciated 147.70% over the last ten years, which is an average annual home appreciation rate of 9.49%, putting Craigmont in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Craigmont definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Craigmont appreciation rates have trailed the rest of the nation. In the last twelve months, Craigmont's appreciation rate has been 4.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Craigmont were at 3.02%, which equates to an annual appreciation rate of 12.64%.

Importantly, this makes Craigmont one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Idaho, our data show that Craigmont's latest annual appreciation rate is higher than 70% of the other cities and towns in Idaho.

Average Home Values

Median Home Value

$240,938

Craigmont, ID Home Prices
> $1,370,000
$1,028,001 - $1,370,000
$685,001 - $1,028,000
$548,001 - $685,000
$411,001 - $548,000
$274,001 - $411,000
$137,001 - $274,000
$68,001 - $137,000
$0 - $68,000
1.6%
1.6%
0.0%
0.0%
4.2%
4.2%
3.4%
3.4%
7.8%
7.8%
23.6%
23.6%
37.9%
37.9%
16.5%
16.5%
5.1%
5.1%
0% 100.0%
% of Homes
Very Low

for Idaho

Average

for nation

Number of Homes And Apartments:

235

Craigmont Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,223 / per month

Homeownership Rate

Owners
Renters
91.1%
91.1%
8.9%
8.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.2%
8.2%
91.8%
91.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
2.0%
2.0%
33.6%
33.6%
26.6%
26.6%
37.9%
37.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
84.8%
84.8%
0.0%
0.0%
1.2%
1.2%
0.0%
0.0%
14.1%
14.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.8%
0.8%
6.6%
6.6%
31.3%
31.3%
35.2%
35.2%
24.2%
24.2%
2.0%
2.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Craigmont

Popular Communities Near Craigmont, ID

Zip Codes in Craigmont, ID