Ammon, Idaho Real Estate & Housing Market

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Ammon Housing Information

Index	Ammon	Idaho	National
Median home price	$167,000	$167,900	$184,700
Median rent asked	$781	$764	$949
Avg. people per household	2.8	2.7	2.6
Owner occupied households	78.3%	68.9%	63.6%
Renter occupied households	21.7%	31.1%	36.4%

Above, you will see a summary of real estate in Ammon, ID. On average, homes in Ammon, ID cost $167,000, a value that is 1% lower than the average in Idaho. In general terms, this results in Ammon, ID real estate being more affordable than Idaho real estate. On average, people who rent houses in Ammon, ID pay $781; this value is 2% higher than the average amount renters pay in Idaho. 78.3% of Ammon, ID residents own their own homes and, on average, each of the homes has 2.8 occupants. Ammon, ID real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Ammon, ID is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Ammon Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Ammon, ID. To estimate home affordability, one method is to use the ratio of home price to median household income. The Ammon, ID’s median home price stands at $167,000 while $63,045 is the value of the average household income. The resulting home price to income ratio, which is 2.6x, differs from the Idaho average as the ratio is 22% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Ammon, ID are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Ammon, ID.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Ririe, ID	654	$0	100%
Firth, ID	437	$105,300	43%
Basalt, ID	391	$120,700	35%
Rigby, ID	4,028	$120,900	35%
Shelley, ID	4,372	$132,500	28%
Ammon, ID	14,767	$167,000	10%

Cities with similar population

City, State	Population	Home Price	National Avg.
Discovery Bay, CA	14,765	$462,500	150%
Stallings, NC	14,759	$221,100	20%
Villa Rica, GA	14,755	$127,700	31%
Greenwood, MS	14,780	$85,400	54%
Jennings, MO	14,749	$64,900	65%
Ammon, ID	14,767	$167,000	10%

Source: The Ammon, ID housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).