Boise Real Estate Remains Affordable
Boise real estate remains affordable when compared to other areas of the country.
The following chart, courtesy of the National Association of Homebuilders, shows new home prices around the U.S., including Idaho.
Interestingly, prices vary by as much as 300% from the lowest to the highest prices, with Hawaii posting the highest median new home price of $543,512, followed by California at $518,836.
New homes in Idaho come in at a median price of $230,000.
Yes, there are lower-priced markets, it’s good to remember that some of them include mosquitoes with landing lights and wheels, not to mention unbearable humidity, tornadoes, and hurricanes!
Yep, I think I will stick with good old Boise real estate!
Looking for the lowest price?
You can still buy a new home in Mississippi at a median price of $135,260 (better get the flood insurance!).
Here’s the chart:
July 8th, 2007 Posted in Uncategorized
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