Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$355,363+1.5% YoY · prices are rising
Market right nowBalanced marketFewer homes for sale than last year, 20% have cut their price
Income needed to buy, per year$77,035About 1.1× the local median income ($69,744): a stretch for a typical household
Days on market78 daysAbout the same pace as a year ago
Next 12 months+2.0%Zillow expects prices to rise slightly
The typical home in Bannock County, ID is worth $355,363, up 1.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $299,718, so the area is 18.6% overvalued. It is a balanced market: homes take about 78 days to sell, listings are down 3% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 2.0% over the next year. A household needs about $77,035 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $69,744. Typical rent is $1,079 a month, or $1,509 for a house. In the latest IRS figures, 20 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$355,363
Change in 1 year
+1.5%
Overvalued %
+18.6%
Show 7 more
Fair home value
$299,718
Change in 5 years
+18.6%
Zillow forecast, next 12 months
+2.0%
Home value to income
5.1×
Monthly mortgage payment (20% down)
$1,926
Income needed to afford it
$77,035
Property tax rate
0.64%
Rent and investing
Typical rent
$1,079
Typical rent for houses
$1,509
Price-to-rent ratio
27.4×
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HUD Fair Market Rent, 2 bedrooms
$1,251
Gross rental yield
3.64%
Cap rate (estimate)
2.37%
Market activity
Listings vs a year ago
−3.0%
Days on market
78
Listings with a price cut
19.8%
Show 3 more
Homes for sale
361
Pending sales per 100 listings
24
Asking price per sq ft
$187
People and jobs
Median household income
$69,744
Population change (1 year)
+0.7%
Unemployment rate
4.3%
Show 4 more
Population
91,591
Income adjusted for cost of living
$78,452
Net moves in (IRS)
−20
Cost of living (US = 100)
88.9
Schools, risk and environment
School rating (1 to 10)
7.2
FEMA hazard risk score (0 to 100)
66.9
Unhealthy air days a year
1
Show 4 more
Flood risk score
51.9
Wildfire risk score
96.9
Walkability (1 to 20)
7.4
Road, rail and air noise
53 dB
Questions people ask
Is Bannock County, ID overvalued?
Home prices in Bannock County, ID are well above what local incomes have historically supported: fair value is about $299,718, so the area is 18.6% overvalued.
Is Bannock County, ID a buyer's or seller's market?
Bannock County, ID is a balanced market: homes take about 78 days to sell, listings are down 3% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Bannock County, ID?
Home values in Bannock County, ID are up 1.5% over the last year. Zillow's forecast for the next 12 months is +2.0%.
How much do you need to earn to buy a home in Bannock County, ID?
A household needs about $77,035 a year to afford the typical home in Bannock County, ID at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $69,744.