Valley County, Idaho Housing Market Prices
Valley County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 45% above the Idaho median Among the 5 most expensive counties in Idaho$570,811
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Median rent 10% below the Idaho median More expensive than 79% of counties in Idaho$1,117
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Valley County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $570,811 | $394,140 | $248,835 |
| Price Trend (Annual %) | 35.0% | 14.3% | 7.5% |
| Median Gross Rent | $1,117 | $1,236 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Valley County is about 45% higher than in Idaho. Rent is about 10% lower than the Idaho average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Valley County, up about 35.0% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Valley County rose about 46.6% between 2015 and 2024, from $762 to $1,117. Over the same span, rent in Idaho rose about 66.6%.
Affordability
On average, housing unit costs 7.5 yearly household incomes in Valley County.
Buying the median-priced home in Valley County costs roughly 42.6 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 Valley County. The price-to-rent ratio in Idaho is about 26.6.
| Metric | Valley County | Idaho Avg | US Average |
|---|---|---|---|
| Median Home Price | $570,811 | $394,140 | $248,835 |
| Median Household Income | $76,023 | $78,141 | $80,455 |
| Price-to-Income Ratio | 7.5 | 5.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Valley County rose about 503.4%, while median household income rose about 36.1% between 2009 and 2025 — 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 | Valley County | Idaho Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 27.5% | 64.8% | 58.5% |
| Rental Rate | 6.1% | 24.9% | 31.2% |
| Vacancy Rate | 66.5% | 10.3% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Valley County has a homeownership rate of 27.5%, lower than the Idaho average of 64.8%. Its housing vacancy rate is 66.5%, compared with 10.3% in Idaho.
Housing Stock
| Metric | Valley County | Idaho Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.82 people | 2.64 people | 2.53 people |
| Median Structure Built Year | 1993 | 1987 | 1978 |
| Median Number of Rooms | 5.1 | 5.9 | 5.5 |
The typical housing unit in Valley County was built around 1993. On average, 2.8 people live in a home with about 5.1 rooms, staying for about 14.0 years on average.
Valley County, ID Housing Compared With Nearby Counties
How Valley County, ID compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Valley County, ID | 12,386 | $570,811 #1/2 | $1,117 #1/2 | 81.9% #1/2 |
| Idaho County, ID | 17,432 | $343,750 | $788 | 80.9% |
Frequently Asked Questions
Common questions about the housing market in Valley County, Idaho.
What is the median home price in Valley County, Idaho?
The median home price in Valley County, Idaho is $570,811, higher than the Idaho average of $394,140.
What is the average home price in Valley County, Idaho?
The typical home price in Valley County, Idaho, reported as the median sale price, is $570,811. 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 Valley County, Idaho?
The median gross rent in Valley County, Idaho is $1,117 per month, lower than the Idaho average of $1,236.
What was the median gross rent in Valley County in 2020?
In 2020, the median gross rent in Valley County, Idaho was $850 per month.
What is the price-to-rent ratio in Valley County, Idaho?
The price-to-rent ratio in Valley County, Idaho is about 42.6, meaning it would take roughly 42.6 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 Valley County.
Are home prices or rent rising faster in Valley County, Idaho?
Both home prices and rent are rising in Valley County, up about 35.0% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Valley County, Idaho?
27.5% of households in Valley County, Idaho own their home, lower than the Idaho average of 64.8%.
What is the vacancy rate in Valley County, Idaho?
The housing vacancy rate in Valley County, Idaho is 66.5%, higher than the Idaho average of 10.3%.
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