University Area Real Estate

Campus building stands behind a mid-century home 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