Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Idaho County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $333,594 | $355,887 | $242,182 |
| Price Trend (Annual %) | 13.0% | 14.8% | 8.2% |
| Median Gross Rent | $796 | $1,150 | $1,342 |
| Rent Trend (Annual %) | 2.7% | 6.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Idaho County is about 6% lower than in Idaho. Rent is about 31% lower than the Idaho average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Idaho County, up about 13.0% and 2.7% a year respectively. Home prices are changing faster.
Median rent in Idaho County rose about 31.4% between 2015 and 2023, from $606 to $796. Over the same span, rent in Idaho rose about 54.9%.
Affordability
On average, housing unit costs 5.5 yearly household incomes in Idaho County.
Buying the median-priced home in Idaho County costs roughly 34.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Idaho County. The price-to-rent ratio in Idaho is about 25.8.
| Metric | Idaho County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $333,594 | $355,887 | $242,182 |
| Median Household Income | $60,791 | $74,676 | $78,145 |
| Price-to-Income Ratio | 5.5 | 4.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Idaho County rose about 160.4%, while median household income rose about 76.5% between 2009 and 2023 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Idaho County | Idaho Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.2% | 64.7% | 58.2% |
| Rental Rate | 14.7% | 24.7% | 31.3% |
| Vacancy Rate | 26.1% | 10.7% | 10.6% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Idaho County has a homeownership rate of 59.2%, lower than the Idaho average of 64.7%. Its housing vacancy rate is 26.1%, compared with 10.7% in Idaho.
Housing Stock
| Metric | Idaho County | Idaho Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.66 people | 2.54 people |
| Median Structure Built Year | 1979 | 1987 | 1978 |
| Median Number of Rooms | 5.8 | 5.9 | 5.5 |
The typical housing unit in Idaho County was built around 1979. On average, 2.5 people live in a home with about 5.8 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Idaho County, Idaho.
What is the median home price in Idaho County, Idaho?
The median home price in Idaho County, Idaho is $333,594, lower than the Idaho average of $355,887.
What is the average home price in Idaho County, Idaho?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Idaho County, Idaho?
The median gross rent in Idaho County, Idaho is $796 per month, lower than the Idaho average of $1,150.
What was the median gross rent in Idaho County in 2020?
In 2020, the median gross rent in Idaho County, Idaho was $711 per month.
What is the price-to-rent ratio in Idaho County, Idaho?
The price-to-rent ratio in Idaho County, Idaho is about 34.9, meaning it would take roughly 34.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Idaho County.
Are home prices or rent rising faster in Idaho County, Idaho?
Both home prices and rent are rising in Idaho County, up about 13.0% and 2.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Idaho County, Idaho?
59.2% of households in Idaho County, Idaho own their home, lower than the Idaho average of 64.7%.
What is the vacancy rate in Idaho County, Idaho?
The housing vacancy rate in Idaho County, Idaho is 26.1%, higher than the Idaho average of 10.7%.