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 10,444 people, 4,038 houses or apartments, and a median cost of homes of $565,841, real estate costs in Sandpoint are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Idaho communities.
Single-family detached homes are the single most common housing type in Sandpoint, accounting for 60.47% of the city's housing units. Other types of housing that are prevalent in Sandpoint include large apartment complexes or high rise apartments ( 21.87%), row houses and other attached homes ( 9.11%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.31%).
The most prevalent building size and type in Sandpoint are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.02% owning and 44.98% renting.
There is a lot of housing in Sandpoint 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 Sandpoint built between 2000 and later ( 33.75%). A lesser amount of the housing stock also hails from before 1939 ( 16.92%). There's also some housing in Sandpoint built between 1940-1969 ( 13.18%).
In the last 10 years, Sandpoint has experienced some of the highest home appreciation rates of any community in the nation. Sandpoint real estate appreciated 159.34% over the last ten years, which is an average annual home appreciation rate of 10.00%, putting Sandpoint in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sandpoint 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, Sandpoint appreciation rates have trailed the rest of the nation. In the last twelve months, Sandpoint's appreciation rate has been 0.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sandpoint were at -3.46%, which equates to an annual appreciation rate of -13.13%.
Notably, Sandpoint's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Idaho, our data show that Sandpoint's latest annual appreciation rate is lower than 80% of the other cities and towns in Idaho.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Sandpoint differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sandpoint - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Sandpoint real estate investment or home purchase decisions.
$565,841
for Idaho
for nation
4,038
$1,643 / per month