Caldwell

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Caldwell Idaho Real Estate Demographics

Caldwell, Idaho

Caldwell, 25 miles west of Boise, is the second largest city in Canyon County.  The valley is surrounded by the Owyhee, Weiser and Boise mountain ranges that rise steeply to 8-9,000 feet above sea level and range in distance from eight to twenty miles away from Caldwell, surrounding the Treasure Valley. The slopes are partly covered with sagebrush, which gives way to chaparral, then to ridges of fir, pine, spruce and juniper. Recreational activities are a highlight of Idaho and the Caldwell area provides access to a variety of enthusiasts from rock hounds to river rafters, skiers to hot springs lovers, trail riders to hikers and much, much more.

The premier event in Caldwell is the Caldwell Night Rodeo, “Where the Cowboys are the Stars,” a western tradition that is held in August. Caldwell is enjoying recent recognition as “the Heart of Idaho Wine Country!” A variety of wineries are located in the countryside near Caldwell and Ste. Chapelle Winery hosts a summer concert series. May features the biggest Cinco de Mayo celebration in the Treasure Valley presented by the Caldwell Chamber of Commerce. Summer brings the Wednesday evening Farmers Market at Serenity Park May-Oct. In September the highlight is the Indian Creek Festival. November brings the lighting of the Christmas Tree and Indian Creek Walk. The first week of December features the Treasure Valley Night Light Holiday Parade, presented by the Caldwell Chamber of Commerce. Visitors can enjoy great golf at Purple Sage or Fairview Golf Courses.

Map of Caldwell

Caldwell Homes For Sale

  1. 3 beds, 2 baths
    Home size: 1,477 sq ft
    Lot size: 3.18 ac
    Year built: 1999
    Parking spots: 2
    Days on market: 4
  2. 4 beds, 3 baths
    Home size: 2,565 sq ft
    Lot size: 1.88 ac
    Year built: 2017
    Parking spots: 3
    Days on market: 8
  3. 3 beds, 2 baths
    Home size: 1,735 sq ft
    Lot size: 10,018 sqft
    Year built: 2017
    Parking spots: 3
    Days on market: 11
  4. 3 beds, 2 baths
    Home size: 2,547 sq ft
    Lot size: 10,890 sqft
    Year built: 2007
    Parking spots: 3
    Days on market: 11
  5. 4 beds, 2.5 baths
    Home size: 2,080 sq ft
    Lot size: 1.00 ac
    Year built: 2002
    Parking spots: 2
    Days on market: 11

See all Real estate in the city of Caldwell.
(all data current as of 5/27/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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History

During the Civil War, the discovery of gold in Idaho’s mountains brought a variety of new settlers into the area. Many never made it to the mines but chose to settle along the Boise River and run ferries, stage stations, and freighting businesses. These early entrepreneurs created small ranches and farms in the river valleys. Caldwell’s inception occurred largely as a result of the construction of the Oregon Short Line Railroad, which connected Wyoming to Oregon through Idaho. Caldwell was named after Alexander Caldwell, a former Senator from the State of Kansas.

When Caldwell was platted in August 1883, its founder, the Idaho and Oregon Land Improvement Company, started persuading settlers and businessmen to move to the area. Within four months, Caldwell had 600 residents living in 150 dwellings, 40 businesses in operation, a school, a telephone exchange and two newspapers. The College of Idaho was founded in Caldwell in 1891 and still is in existence today. In 1892, Canyon County was established from a portion of Ada County. Caldwell was named the county seat. Irrigation canals and waterways were constructed throughout Canyon County. These facilities provided the foundation for an agricultural based economy in Caldwell. Caldwell experienced moderate growth as an agricultural processing, commercial retail and educational center during the twentieth century.

City Features

Caldwell has 5 secondary schools including Caldwell High School and 6 elementary schools. Caldwell also has 10 city parks, a public golf course near downtown, a city pool, and a skate park. In addition, the Caldwell Industrial Airport is located southeast of downtown. The College of Idaho is located in Caldwell and is one of the oldest 4 year institutions in the state

Caldwell has a high quality water system, which remained untreated and met all federal guidelines until the 1990’s when the Federal Government mandated chlorination. Caldwell is the home of two colleges, two golf courses, a Green Belt walking path, bicycle and walking paths throughout the community, many parks, a swimming pool, ball fields and courts, and playgrounds in every park.  Caldwell is also home to numerous small businesses and local shops, including multiple restaurants and coffee stands.

 

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Market Stats Header

Canyon County Single-Family Home Activity

  • There were 483 pending sales in November 2016, which is up 7.1% from November 2015.
  • There were 367 closed sales in November 2016, which was 32.5% higher than in November 2015.
  • The median sales price in November 2016 was $159,100, up 8.2% from November 2015.
  • There were 2.6 months supply of inventory in November 2016, which is down 16.1% from November 2015
Ada County Real Estate Data
Canyon County Market Snapshot

Canyon County’s inventory was down compared to last year, as well, but not to historic levels. In November 2016, there were 903 homes for sale in Canyon County, down 5.3% from November 2015 and 8.0% less than October 2016. Existing home inventory was down 22.7% from last year, but new construction in Canyon County was actually up 23.9%. Months Supply of Inventory for Canyon County was at 2.6 months in November 2016, when looking at the market as a whole. It was at 1.6 months for existing homes and at 7.6 for new construction.

The low inventory of homes for sale in Ada County has driven home prices for months now.  In November 2016, there were only 1,730 homes for sale in Ada County, just 66 more than the historic low point of 1,664 in January 2013. Compared to a year ago, inventory in November was down 9.8%, but between October 2016 and November 2016, it dropped 21.3%, with 220 fewer homes for sale. The lack of existing home inventory pulled  new construction inventory down  0.2% from last year. There were only 868 existing homes for sale in November 2016, a 17.7% drop from last year at this time, and 22.2% lower than in October 2016.

One of the metrics used to determine demand vs. supply is Months Supply of Inventory. A balanced market—not favoring buyers or sellers—is typically between 4-6 months of supply. In November 2016, the Months Supply of Inventory for Ada County was only 2 months and less than 1 month for existing homes priced below $250,000.

Canyon County November Key Metrics