Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 6,742 people, 2,288 houses or apartments, and a median cost of homes of $353,534, Fruitland real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Fruitland, accounting for 66.48% of the city's housing units. Other types of housing that are prevalent in Fruitland include mobile homes or trailers ( 13.76%), row houses and other attached homes ( 7.93%), and a few large apartment complexes or high rise apartments ( 3.97%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fruitland. Owner-occupied housing accounts for 69.45% of Fruitland's homes, and 62.95% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Fruitland built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Fruitland built between 2000 and later ( 31.57%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.97%). There's also some housing in Fruitland built before 1939 ( 3.17%).
In the last 10 years, Fruitland has experienced some of the highest home appreciation rates of any community in the nation. Fruitland real estate appreciated 156.39% over the last ten years, which is an average annual home appreciation rate of 9.87%, putting Fruitland in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fruitland definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Fruitland appreciation rates have trailed the rest of the nation. In the last twelve months, Fruitland's appreciation rate has been 0.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fruitland were at 3.02%, which equates to an annual appreciation rate of 12.64%.
Importantly, this makes Fruitland one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Idaho, our data show that Fruitland's latest annual appreciation rate is lower than 60% of the other cities and towns in Idaho.
$353,534
for Idaho
for nation
2,288
$1,429 / per month