Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$356,835+1.8% YoY · prices are rising
Market right nowSeller's marketFewer homes for sale than last year, 10% have cut their price
Income needed to buy, per year$77,354About 1.1× the local median income ($68,067): a stretch for a typical household
Days on market59 daysFaster than a year ago: sellers have the edge
The typical home in Elmore County, ID is worth $356,835, up 1.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $278,181, so the area is 28.3% overvalued. It is a seller's market: homes take about 59 days to sell, listings are down 2% from a year ago, 10% of listings have had a price cut. A household needs about $77,354 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 $68,067. Typical rent is $1,555 a month. In the latest IRS figures, 232 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
$356,835
Change in 1 year
+1.8%
Overvalued %
+28.3%
Show 6 more
Fair home value
$278,181
Change in 5 years
+13.8%
Home value to income
5.2×
Monthly mortgage payment (20% down)
$1,934
Income needed to afford it
$77,354
Property tax rate
0.54%
Rent and investing
Typical rent
$1,555
Price-to-rent ratio
19.1×
HUD Fair Market Rent, 2 bedrooms
$1,285
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Gross rental yield
5.23%
Cap rate (estimate)
3.40%
Market activity
Listings vs a year ago
−1.7%
Days on market
59
Listings with a price cut
10.0%
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Homes for sale
113
Pending sales per 100 listings
57
Asking price per sq ft
$247
People and jobs
Median household income
$68,067
Population change (1 year)
−0.4%
Unemployment rate
6.0%
Show 4 more
Population
29,465
Income adjusted for cost of living
$74,066
Net moves in (IRS)
−232
Cost of living (US = 100)
91.9
Schools, risk and environment
School rating (1 to 10)
3.7
FEMA hazard risk score (0 to 100)
52.0
Flood risk score
30.1
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Wildfire risk score
97.6
Walkability (1 to 20)
7.0
Road, rail and air noise
53 dB
Questions people ask
Is Elmore County, ID overvalued?
Home prices in Elmore County, ID are well above what local incomes have historically supported: fair value is about $278,181, so the area is 28.3% overvalued.
Is Elmore County, ID a buyer's or seller's market?
Elmore County, ID is a seller's market: homes take about 59 days to sell, listings are down 2% from a year ago, 10% of listings have had a price cut.
Are home prices going down in Elmore County, ID?
Home values in Elmore County, ID are up 1.8% over the last year.
How much do you need to earn to buy a home in Elmore County, ID?
A household needs about $77,354 a year to afford the typical home in Elmore County, ID at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,067.