Eagle Idaho Home Values
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When people think of Eagle, Idaho, three things normally pop into their head: Eagle Island State Park, really nice luxury homes, and fancy luxury subdivisions. Over the last couple decades, Eagle has transformed from a small town by the Boise River to an upscale luxury city detween the Boise River and the Boise Foothills. Located at the northern tip of Meridian Road/Highway 55 and Sate Street allows easy access to shopping, dining, events, and short commutes to work.

Eagle Idaho Real Estate Market Snapshot

 

668500

Median Price

149000

1 Year Appreciation

335500

10 Year Appreciation

31332

Eagle Population

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Eagle Home Prices Breakdown by Area

 

  New Construction Existing Homes
Eagle $567,444 $750,000
*source Intermountain MLS

 

The demand for luxury homes in upscale communities is evident as you look at the real estate activity and new construction landscape in Eagle. has seen incredible growth in the price of homes. It is known as a growing community for affluent buyers thanks to large luxury subdivision with million-dollar custom homes and large lots. Homes for sale in Eagle are now receiving multiple offers and sell in around 17 days on average compared to 46 in 2019. The median sale price of a home in Eagle was $668,500 in 2020, up 28.68% from 2019. The average sale price per square foot in Eagle is $220.64, up 9.77% since last year.

 

Eagle Real Estate Market Profile

Eagle Median Home Price Trends

 

History of Eagle 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.

Eagle Idaho Home Values

The Eagle 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. Many times, homebuyers are also willing to pay more than perceived market value.

 

 

Top Selling Communities 3rd Quarter 2020

  Total Home Sales Median Price
Legacy 48 $590,295
Eagle Mountain Estates 12 $709,614
Homestead 11 $719,900
Cedarfield 8 $417,490
Lakemoor 8 $585,750

2020 Top Communities  Guide

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Sourced from: Intermountain MLS

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