University Area Real Estate
With its energetic student body and spectacular venues, Idaho State University is the pulse of Pocatello, hosting numerous events and developing ground-breaking research. Supporting a healthy rental market, the University area is also popular with homeowners, especially in the areas north and east of campus. The eastern foothills have developed rapidly in recent years with classy subdivisions and professional plazas.
Pros
- Views (foothills)
- Close to Idaho State University
- Close to interstate access
- Mid-century charm in the northern townsite
- Major attractions including Holt Arena, the L.E. and Thelma E. Stephens Performing Arts Center, the Idaho Museum of Natural History, and the Museum of Clean
Cons
- Dense rental market
- Older, run-down areas
- Higher-elevation climate and wind (foothills)
Real Estate Profile
Real estate in the University area is very comparable in price and size to the metro area average. Following are real estate statistics compiled from the Pocatello MLS on properties recently sold in the University area:
2016 Metro Average | 2016 University Area Average | 2015 University Area Average | 2014 University Area Average | |
---|---|---|---|---|
Sold Price | $160,250 | $145,143 | $135,084 | $123,914 |
Square Feet | 2,220 | 2,067 | 2,170 | 1,988 |
Year Built | 1975 | 1963 | 1957 | 1957 |
Bedrooms | 3.7 | 3.6 | 3.6 | 3.4 |
Full Bathrooms | 2.1 | 2.1 | 2.0 | 1.8 |
Garage Stalls | 1.6 | 1.3 | 1.1 | 1.2 |
Days on Market | 95 | 91 | 105 | 109 |