Caldwell Idaho Home Values
83605, 83607

When people think of Caldwell, three things normally pop into their head: McDonald's French Fries made with Simplot potatoes, Caldwell Night Rodeo, and Indian Creek Christmas light show. Over the last couple of decades, Caldwell has transformed from an agricultural-centric town into a city in its own right. New subdivisions, new jobs, and wanting a slice of life away from the main urban centers have raised interest in Caldwell. In spite of this growth, Caldwell still proudly displays its farm town roots. The rodeos are some of the best in the state and the West, and Simplot is still an agricultural and economic powerhouse.

Caldwell Idaho Real Estate Market Snapshot

 

279900

Median Price

49900

1 Year Appreciation

194900

10 Year Appreciation

60484

Caldwell Population

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Caldwell Home Prices Breakdown by Area

 

  Median Prices New Construction Existing Homes
North Caldwell $315,250 $348,000 $302,500
South Caldwell $325,000 $394,695 $308,000
*source Intermountain MLS

 

Caldwell has seen incredible growth in the price of homes. It is the furthest major city from Boise but the appeal of country living in a growing community is strong. Homes for sale in Caldwell are now receiving multiple offers on average and sell in around 17 days now compared to 46 the previous year. The median sale price of a home in Caldwell was $279,900 in 2020, up 21.70% from 2019. The average sale price per square foot in Caldwell is $220.64, up 9.77% since last year.

 

Caldwell Real Estate Market Profile

Caldwell Median Home Price Trends

 

History of Caldwell Home Values Graph

Check out the charts below and see how home values have changed over the last 15 years. These charts depict each MLS area and lines track NEW compared to EXISTING Median Home Values by a quarter since the year 2005.

caldwell Idaho Home Values

The Caldwell real estate market seemed to bottom between 2010 and 2011 and has climbed steadily over the last 9 years. Economists say that price is driven by supply and demand. This is true with home values as well. Over the last three years, new construction has been in demand as there have not been enough existing homes for sale. Developers are feverishly working to bring more lots to market. Price is also driven by people's ability to buy. It is also worth noting that the economy and people are willing and able to pay top dollar for homes. At times, homebuyers are also willing to pay more than perceived market value. Another factor of the local real estate market is that there are a lot of investors who take available homes which means that there are a lot of renters as well.

 

 

Top Selling Communities

  Total Home Sales Median Price
Arbor 26 $358,550
Mason Creek 26 $379,423
Cedars 24 $364,995
Sienna Hills 23 $461,822
Cumberland 9 $429,000
Voyage Crossing 6 $303,855

Top Communities  Guide

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Sourced from: Intermountain MLS