Living in Ferdinand, ID
Ferdinand, ID, is a picturesque small town that offers a tranquil lifestyle surrounded by nature. Boasting a tight-knit community, excellent outdoor activities, and supportive educational institutions, it's a perfect location for families and individuals looking to invest in a peaceful setting.
Current Market Conditions in Ferdinand, ID
The real estate market in Ferdinand is currently favorable for buyers looking to invest in properties. With a variety of homes available at different price points, the market is expected to grow steadily as more people become aware of the area's charm and potential for appreciation.
As urban areas become more congested, many individuals and families are seeking quieter, rural locations like Ferdinand. This shift is driving demand for residential properties, presenting good opportunities for real estate investors.
Home Value Estimator For Ferdinand, ID
There are currently 78 real estate properties
in Ferdinand, ID,
with a median automated valuation model (AVM) price
of $215,790.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ferdinand, 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 Ferdinand, ID,
is $241,611.00, with the most expensive house
in Ferdinand, ID, topping out
at $744,800.00 and the cheapest home
in Ferdinand, ID,
clocking in at $91,614.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ferdinand, ID!
Rent Prices
In Ferdinand, ID
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ferdinand, ID, is on
a rollercoaster ride. The
average rent price in Ferdinand, ID,
is $720.00. Indeed, when looking to rent in
Ferdinand, ID, you can expect to pay as little
as $720.00 or as much
as $720.00,
with the average rent median estimated to
be $720.00. The good news is that finding
an affordable and desirable property to rent in Ferdinand, 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.
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