Arimo, ID Foreclosures
How much do homes sell for in Arimo, ID?
The average home price is currently $405,756.
What’s the average rental cost in Arimo, ID?
The average rental price in Arimo is $1,150.
What is the most expensive home in Arimo?
The most expensive home sold in Arimo had a price of $1,665,580.
What is currently the cheapest priced home in Arimo, ID?
The cheapest home for sale in Arimo is priced at $25,574.
Living in Arimo, ID
Arimo, Idaho is a charming small town that offers a peaceful living environment with a strong community spirit. Residents enjoy access to nature with numerous parks and recreational activities, making it perfect for families and outdoor enthusiasts alike. The town provides a comfortable lifestyle with essential amenities and is conveniently located near larger urban areas.
Current Market Conditions in Arimo, ID
The real estate market in Arimo is currently steady, with a balanced supply of homes available for sale. The demand remains stable as families and retirees alike are drawn to the town's compelling lifestyle and affordability. Homes typically move quickly in this market, emphasizing the desirability of living in a serene environment amid natural beauty.
A notable trend in Arimo's real estate is the increasing interest from buyers seeking second homes or vacation properties, particularly those looking for properties near recreational areas. This has led to a mild appreciation in home values as buyers recognize the area’s potential.
Overall, Arimo presents a favorable market for potential buyers, with reasonable home prices comparable to larger cities, and a variety of homes to suit different budgets.
Home Value Estimator For Arimo, ID
There are currently 235 real estate properties
in Arimo, ID,
with a median automated valuation model (AVM) price
of $362,980.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Arimo, ID, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Arimo, ID,
is $405,756.00, with the most expensive house
in Arimo, ID, topping out
at $1,665,580.00 and the cheapest home
in Arimo, ID,
clocking in at $25,574.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Arimo, ID!
Rent Prices
In Arimo, ID
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Arimo, ID, is on
a rollercoaster ride. The
average rent price in Arimo, ID,
is $1,150.00. Indeed, when looking to rent in
Arimo, ID, you can expect to pay as little
as $840.00 or as much
as $2,310.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Arimo, ID
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
