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Short Sale Listings in Payette, ID 83661

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Living in Payette, ID

Payette, Idaho is a quaint city characterized by its outdoor recreational opportunities, a close-knit community, and a range of local amenities. It provides a great balance between small-town charm and the accessibility of urban conveniences. With beautiful landscapes and community events, it's an attractive choice for families and investors.

Current Market Conditions in Payette, ID

The real estate market in Payette has shown a steady increase in home values over the past few years, making it a favorable location for property investment. With a mix of single-family homes and multi-family units available, there's potential for growth and appreciation.

Current trends indicate a rising demand for properties due to an influx of individuals seeking affordable housing options outside larger urban areas. This increased demand is generating more interest from developers and investors.

Home Value Estimator For Payette, ID

There are currently 2,748 real estate properties in Payette, ID, with a median automated valuation model (AVM) price of $299,763.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Payette, 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 Payette, ID, is $314,001.00, with the most expensive house in Payette, ID, topping out at $2,623,782.00 and the cheapest home in Payette, ID, clocking in at $23,470.00. In other words, there’s something for every potential homebuyer or savvy investor in Payette, ID!

Rent Prices In Payette, ID

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Payette, ID, is on a rollercoaster ride. The average rent price in Payette, ID, is $1,047.00. Indeed, when looking to rent in Payette, ID, you can expect to pay as little as $790.00 or as much as $1,480.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Payette, 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.

Payette, ID 83661 Short Sale Listings


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