Living in Driggs, ID
Driggs, ID offers a serene lifestyle with stunning natural beauty and a friendly community. It is an excellent investment opportunity for those looking for a tranquil setting enriched by outdoor activities, strong local schools, and charming neighborhoods.
Current Market Conditions in Driggs, ID
The real estate market in Driggs, ID is currently experiencing steady growth, driven by an influx of buyers seeking second homes and investment properties. The demand for properties has kept average prices on the rise, providing lucrative opportunities for investors.
Many homes in Driggs are being updated or newly built, which has led to a diverse inventory catering to different buyer preferences, from historic cabins to modern mountain retreats. With the continued popularity of outdoor recreation, the market is expected to remain strong.
Home Value Estimator For Driggs, ID
There are currently 834 real estate properties
in Driggs, ID,
with a median automated valuation model (AVM) price
of $674,227.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Driggs, 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 Driggs, ID,
is $960,217.00, with the most expensive house
in Driggs, ID, topping out
at $4,790,311.00 and the cheapest home
in Driggs, ID,
clocking in at $89,156.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Driggs, ID!
Rent Prices
In Driggs, ID
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Driggs, ID, is on
a rollercoaster ride. The
average rent price in Driggs, ID,
is $1,704.00. Indeed, when looking to rent in
Driggs, ID, you can expect to pay as little
as $1,300.00 or as much
as $2,680.00,
with the average rent median estimated to
be $1,570.00. The good news is that finding
an affordable and desirable property to rent in Driggs, 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
