Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$328,923
$1,259

Housing Market Overview

Metric Canyon County Idaho Avg US Average
Median Home Price $328,923 $355,887 $242,182
Price Trend (Annual %) 22.4% 14.8% 8.2%
Median Gross Rent $1,259 $1,150 $1,342
Rent Trend (Annual %) 7.3% 6.1% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
Canyon County
Idaho
United States
Year Canyon County Idaho United States
Median Rent Over Time
Canyon County
Idaho
United States
Year Canyon County Idaho United States

Affordability

On average, housing unit costs 4.5 yearly household incomes in Canyon County.

Metric Canyon County Idaho Avg US Average
Median Home Price $328,923 $355,887 $242,182
Median Household Income $72,462 $74,676 $78,145
Price-to-Income Ratio 4.5 4.8 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Canyon County Idaho Avg US Average
Homeownership Rate 72.7% 64.7% 58.2%
Rental Rate 24.1% 24.7% 31.3%
Vacancy Rate 3.2% 10.7% 10.6%
Median Tenure (years) 13.0 14.0 15.0
Median Year Moved In 2013 2012 2011

Housing Stock

Metric Canyon County Idaho Avg US Average
Average Household Size 2.87 people 2.66 people 2.54 people
Median Structure Built Year 1994 1987 1978
Median Number of Rooms 5.9 5.9 5.5