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 6,879 people, 2,377 houses or apartments, and a median cost of homes of $412,859, Fruitland real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Fruitland, accounting for 64.17% of the city's housing units. Other types of housing that are prevalent in Fruitland include mobile homes or trailers ( 15.63%), large apartment complexes or high rise apartments ( 8.06%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.26%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fruitland. Owner-occupied housing accounts for 72.77% of Fruitland's homes, and 65.55% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Fruitland 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 Fruitland built between 2000 and later ( 37.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.60%). There's also some housing in Fruitland built before 1939 ( 5.30%).
In the last 10 years, Fruitland has experienced some of the highest home appreciation rates of any community in the nation. Fruitland real estate appreciated 173.91% over the last ten years, which is an average annual home appreciation rate of 10.60%, putting Fruitland in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fruitland 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 Fruitland that despite a nationwide downturn in the housing market, Fruitland real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fruitland appreciation rates continue to be some of the highest in America, at 9.38%, which is higher than appreciation rates in 96.04% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fruitland. Fruitland 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 Fruitland's latest annual appreciation rate is higher than 90% of the other cities and towns in Idaho.
$412,859
for Idaho
for nation
2,377
$1,314 / per month