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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, and the Idaho Museum of Natural History

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 the properties sold in the University area from 2005–2007:

	2007 Metro Average	2007 University Average	2006 University Average	2005 University Average
Sold Price	$151,474	$131,132	$124,934	$122,064
Square Feet	2,086	1,925	1,939	2,122
Year Built	1971	1951	1957	1960
Bedrooms	3.5	3.2	3.3	3.4
Full Bathrooms	1.9	1.8	1.8	1.8
Garage Stalls	1.5	1.1	1.1	1.3
Days on Market	100	82

On the Market

Photo	Address	Price	Features
	230-234-254 S. 2nd Ave. EXCELLENT COMMERCIAL INVESTMENT OPPORTUNITY!	$430,000	bed / bath 10,000 sq. ft.
	360 Via Venitio SPECTACULAR VIEWS! 2-STORY WATERFALL FEATURE!	SOLD	5 bed / 3 bath 2,900 sq. ft.
	3037 D'Artagnan Drive GORGEOUS MOUNTAIN VIEWS! GREAT FLOOR PLAN!	$269,900	3 bed / 2 bath 3,402 sq. ft.
	3000 Silverfield CUL-DE-SAC LOCATION NEAR HOSPITAL AND ISU!	$179,900	4 bed / 3 bath 2,000 sq. ft.
	126 S. 11th Ave. UPDATED HOME NEAR THE UNIVERSITY!	$132,900	3 bed / 1 bath 1,800 sq. ft.