Ponderay, ID Foreclosures
How much do homes sell for in Ponderay, ID?
The average home price is currently $555,398.
In Ponderay, ID, how many homes are available?
There are currently 3 active home listings available in Ponderay.
What’s the average rental cost in Ponderay, ID?
The average rental price in Ponderay is $0.
What is the most expensive home in Ponderay?
The most expensive home sold in Ponderay had a price of $3,071,521.
What is currently the cheapest priced home in Ponderay, ID?
The cheapest home for sale in Ponderay is priced at $89,222.
Living in Ponderay, ID
Ponderay, Idaho is a charming city known for its breathtaking natural scenery and outdoor recreational activities. Nestled next to Lake Pend Oreille, it offers a welcoming community with various amenities and a relaxed lifestyle. The local school system supports quality education, making it an attractive option for families and nature lovers alike.
Current Market Conditions in Ponderay, ID
The current real estate market in Ponderay is characterized by a steady increase in home values, driven by the city's growing popularity among homebuyers seeking a balance of nature and community. With the influx of new residents, inventory has been tight which has led to competitive bidding situations in desirable neighborhoods. Buyers are particularly attracted to homes that provide access to outdoor activities and stunning views of the lake and surrounding mountains.
As of now, Ponderay experiences a vibrant seller's market with homes generally selling at or above asking price. The market has seen an uptick in new constructions and renovations as demand continues to rise, reflecting a trend toward investment in real estate within the area. Real estate agents report that homes with desirable features, such as waterfront access or modern upgrades, are more likely to receive quick offers.
Home Value Estimator For Ponderay, ID
There are currently 326 real estate properties
in Ponderay, ID,
with a median automated valuation model (AVM) price
of $502,018.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ponderay, 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 Ponderay, ID,
is $555,398.00, with the most expensive house
in Ponderay, ID, topping out
at $3,071,521.00 and the cheapest home
in Ponderay, ID,
clocking in at $89,222.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ponderay, ID!
Rent Prices
In Ponderay, ID
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ponderay, ID, is on
a rollercoaster ride. The
average rent price in Ponderay, ID,
is $0.00. Indeed, when looking to rent in
Ponderay, ID, you can expect to pay as little
as $0.00 or as much
as $0.00,
with the average rent median estimated to
be $0.00. The good news is that finding
an affordable and desirable property to rent in Ponderay, 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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