Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$408,436+1.6% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 28% have cut their price
Income needed to buy, per year$88,540About 1.0× the local median income ($84,477): a stretch for a typical household
Days on market57 daysFaster than a year ago: sellers have the edge
Next 12 months+0.4%Zillow expects prices to stay about flat
The typical home in Idaho Falls, ID is worth $408,436, up 1.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $352,614, so the area is 15.8% overvalued. It is a balanced market, leaning toward buyers: homes take about 57 days to sell, listings are up 5% from a year ago, 28% of listings have had a price cut. Zillow expects prices to rise about 0.4% over the next year. A household needs about $88,540 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 $84,477. Typical rent is $1,434 a month, or $1,854 for a house. In the latest IRS figures, 1,465 more people moved in than out.
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
$408,436
Change in 1 year
+1.6%
Overvalued %
+15.8%
Show 7 more
Fair home value
$352,614
Change in 5 years
+6.9%
Zillow forecast, next 12 months
+0.4%
Home value to income
4.8×
Monthly mortgage payment (20% down)
$2,214
Income needed to afford it
$88,540
Property tax rate
0.49%
Rent and investing
Typical rent
$1,434
Typical rent for houses
$1,854
Price-to-rent ratio
23.7×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,272
Gross rental yield
4.21%
Cap rate (estimate)
2.74%
Market activity
Listings vs a year ago
+4.6%
Days on market
57
Listings with a price cut
27.9%
Show 3 more
Homes for sale
685
Pending sales per 100 listings
29
Asking price per sq ft
$180
People and jobs
Median household income
$84,477
Population change (1 year)
+1.4%
Unemployment rate
4.2%
Show 4 more
Population
173,851
Income adjusted for cost of living
$89,488
Net moves in (IRS)
+1,465
Cost of living (US = 100)
94.4
Schools, risk and environment
School rating (1 to 10)
5.8
FEMA hazard risk score (0 to 100)
72.6
Unhealthy air days a year
0
Show 4 more
Flood risk score
69.1
Wildfire risk score
84.1
Walkability (1 to 20)
7.1
Road, rail and air noise
53 dB
Questions people ask
Is Idaho Falls, ID overvalued?
Home prices in Idaho Falls, ID are well above what local incomes have historically supported: fair value is about $352,614, so the area is 15.8% overvalued.
Is Idaho Falls, ID a buyer's or seller's market?
Idaho Falls, ID is a balanced market, leaning toward buyers: homes take about 57 days to sell, listings are up 5% from a year ago, 28% of listings have had a price cut.
Are home prices going down in Idaho Falls, ID?
Home values in Idaho Falls, ID are up 1.6% over the last year. Zillow's forecast for the next 12 months is +0.4%.
How much do you need to earn to buy a home in Idaho Falls, ID?
A household needs about $88,540 a year to afford the typical home in Idaho Falls, ID at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $84,477.