Nampa Idaho Home Values
83651, 83686, 83687

When people think of Nampa, three things normally pop into their head: all the new retail stores and restaurants, Warhawk Air Museum, and The Blvd which has about everything one needs. Nampa hosts many events and concerts at the Idaho Center plus and has many other events at the Nampa Civic Center.  Over the last couple of decades, Nampa has transformed to a place that people do not need to leave, all of the services, shopping and restaurants are now right here. Nampa is also becoming a destination for Boiseans. All of this because not only have a lot of people made this area home but also there is a lot of money in this town.

Nampa Idaho Real Estate Market Snapshot

 

297235

Median Price

47245

1 Year Appreciation

217235

10 Year Appreciation

62487

Caldwell Population

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Landon Stoffle

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Nampa Home Prices Breakdown by Area

 

  Median Price New Construction Existing Homes
North Nampa $287,900 $348,000 $302,500
South Nampa $307,340 $394,695 $308,000
*source Intermountain MLS

 

Nampa has seen incredible growth in the price of homes. The surge in population is partly due to the affordability of the area but residents also enjoy Lake Lowell, numerous festivals and fairs plus a strong sense of community, probably from its agricultural roots. Homes for sale in Nampa are now receiving multiple offers. Home in Canyon County sell on average and sell in around 21 days now compared to 72 the previous year. The median sale price of a home in Nampa was $297,235 in 2020, up 19.89% from 2019. The median sale price per square foot in Nampa is $154.07.

 

Nampa Real Estate Market Profile

Nampa Median Home Price Trends

 

History of Nampa 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.

South Nampa Idaho Home Values

The Nampa Real Estate market seemed to bottom around mid-2011 and has climbed steadily over the last 9 years. Nampa, Caldwell, and Kuna, historically and geographically, have been the best places to search for affordable housing but these areas are also being challenged with high demand. Additionally, new construction has barely been able to keep up! Many home buyers are frustrated with the lack of inventory, which equates to options of houses to tour and select from.  Developers are feverishly working to bring more lots to market.

Price is also driven by people's ability to buy. It is 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 Nampa 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 3rd Quarter 2020

 

  Total Home Sales Median Price
Carriage Hill 29 $346,900
Stella's Point 23 $443,900
Summit Ridge 22 $408,450
Lava Springs 20 $330,293
Copper River Basin 13 $302,000

2020 Top Communities  Guide

Download Complete Pricing Data for all areas including price/ sq ft.
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Sourced from: Intermountain MLS