Located in the heart of the appropriately dubbed "Treasure Valley" in Southwest Idaho, the city of Nampa is an agricultural community that is home to approximately 80,000 residents, making it Idaho's second largest city. The excellent quality of life in Nampa is a recipe of key community ingredients, including a thriving economy, convenient accessibility, an excellent education system and a laid-back, old fashioned way of life that is within minutes of the urban state capital of Boise. It is what locals deem as the perfect combination for a comfortable lifestyle while still being affordable for people of all walks of life.
Nampa's position in Idaho's high desert region makes for a breathtaking landscape and a year-round mild climate. Framed on three sides by regal mountain ranges, many neighborhoods have spectacular views. Easily accessible Interstate 84 makes transportation in and out of Nampa simple. The area offers a wealth of indoor and outdoor recreational opportunities. The Snake River offers swimming, fishing and white water rafting, in addition to the annual summer 10-day Snake River Dayz Festival. In the winter, the nearby foothills make for fine skiing and sledding and during the autumn, the foliage is so brilliant, scenic drives are simply a must. Or, if you'd like, you can enjoy the many fields of wildflowers during the spring.
Potential homebuyers will find that Nampa offers a plethora of real estate options in a number of price points that will surely please even the most discerning buyer. Single-family homes in gated neighborhoods and planned communities, golf course homes, condos and townhouses, and even waterfront properties can all be found in Nampa.
From traditional family layouts in safe, efficient neighborhoods to extravagant estates, the home you?re looking for can be found in Nampa. The best part is the affordability; the median price for a home in this community is around $120,000, considerably less than it would cost in Boise but only a scenic 10-minute drive away. Families and those looking for a quiet escape from the hustle and bustle that comes with living in a big city also favor the more rural feel of Nampa. Single-family homes in Nampa start well under $110,000 and range up to $730,000. A small selection of condominiums and townhouses starting below $100,000 are also available.
Nampa Real Estate Stats and Trends for the week of February 19th, 2020: homes priced around $341,477 compared to $338,420 the previous week, for a slight increase of less than +1%. For Wednesday, February 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.