Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$423,156+5.3% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$91,732About 1.6× the local median income ($55,940): hard to afford
Days on market80 daysSlower than a year ago: buyers have time to negotiate
The typical home in Madison County, ID is worth $423,156, up 5.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $313,694, so the area is 34.9% overvalued. It is a buyer's market: homes take about 80 days to sell, listings are up 39% from a year ago, 24% of listings have had a price cut. A household needs about $91,732 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 $55,940. Typical rent is $1,173 a month. In the latest IRS figures, 1,149 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
$423,156
Change in 1 year
+5.3%
Overvalued %
+34.9%
Show 6 more
Fair home value
$313,694
Change in 5 years
+18.6%
Home value to income
7.6×
Monthly mortgage payment (20% down)
$2,293
Income needed to afford it
$91,732
Property tax rate
0.48%
Rent and investing
Typical rent
$1,173
Price-to-rent ratio
30.1×
HUD Fair Market Rent, 2 bedrooms
$1,159
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Gross rental yield
3.33%
Cap rate (estimate)
2.16%
Market activity
Listings vs a year ago
+38.7%
Days on market
80
Listings with a price cut
23.8%
Show 3 more
Homes for sale
147
Pending sales per 100 listings
16
Asking price per sq ft
$209
People and jobs
Median household income
$55,940
Population change (1 year)
+0.4%
Unemployment rate
8.3%
Show 4 more
Population
55,172
Income adjusted for cost of living
$60,871
Net moves in (IRS)
−1,149
Cost of living (US = 100)
91.9
Schools, risk and environment
School rating (1 to 10)
5.6
FEMA hazard risk score (0 to 100)
58.6
Flood risk score
57.8
Show 3 more
Wildfire risk score
70.3
Walkability (1 to 20)
7.6
Road, rail and air noise
53 dB
Questions people ask
Is Madison County, ID overvalued?
Home prices in Madison County, ID are well above what local incomes have historically supported: fair value is about $313,694, so the area is 34.9% overvalued.
Is Madison County, ID a buyer's or seller's market?
Madison County, ID is a buyer's market: homes take about 80 days to sell, listings are up 39% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Madison County, ID?
Home values in Madison County, ID are up 5.3% over the last year.
How much do you need to earn to buy a home in Madison County, ID?
A household needs about $91,732 a year to afford the typical home in Madison County, ID at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $55,940.