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Twin Falls, ID housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$383,134+3.3% YoY · prices are rising fast
Market right nowBalanced, leaning sellersFewer homes for sale than last year, 18% have cut their price
Income needed to buy, per year$83,055About 1.1× the local median income ($72,700): a stretch for a typical household
Days on market78 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.9%Zillow expects prices to rise slightly

The typical home in Twin Falls, ID is worth $383,134, up 3.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $318,976, so the area is 20.1% overvalued. It is a balanced market, leaning toward sellers: homes take about 78 days to sell, listings are down 14% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 1.9% over the next year. A household needs about $83,055 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 $72,700. Typical rent is $1,559 a month, or $1,838 for a house. In the latest IRS figures, 829 more people moved in than out.

Home value over time

$0K$100K$200K$300K19801990200020102020
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$383,134
Change in 1 year+3.3%
Overvalued %+20.1%
Show 7 more
Fair home value$318,976
Change in 5 years+16.9%
Zillow forecast, next 12 months+1.9%
Home value to income5.3×
Monthly mortgage payment (20% down)$2,076
Income needed to afford it$83,055
Property tax rate0.61%

Rent and investing

Typical rent$1,559
Typical rent for houses$1,838
Price-to-rent ratio20.5×
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HUD Fair Market Rent, 2 bedrooms$1,260
Gross rental yield4.88%
Cap rate (estimate)3.17%

Market activity

Listings vs a year ago−13.6%
Days on market78
Listings with a price cut18.5%
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Homes for sale495
Pending sales per 100 listings26
Asking price per sq ft$249

People and jobs

Median household income$72,700
Population change (1 year)+0.9%
Unemployment rate3.2%
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Population123,901
Income adjusted for cost of living$78,936
Net moves in (IRS)+829
Cost of living (US = 100)92.1

Schools, risk and environment

School rating (1 to 10)4.9
FEMA hazard risk score (0 to 100)41.5
Unhealthy air days a year1
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Flood risk score46.8
Wildfire risk score93.2
Walkability (1 to 20)7.5
Road, rail and air noise53 dB

Questions people ask

Is Twin Falls, ID overvalued?
Home prices in Twin Falls, ID are well above what local incomes have historically supported: fair value is about $318,976, so the area is 20.1% overvalued.
Is Twin Falls, ID a buyer's or seller's market?
Twin Falls, ID is a balanced market, leaning toward sellers: homes take about 78 days to sell, listings are down 14% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Twin Falls, ID?
Home values in Twin Falls, ID are up 3.3% over the last year. Zillow's forecast for the next 12 months is +1.9%.
How much do you need to earn to buy a home in Twin Falls, ID?
A household needs about $83,055 a year to afford the typical home in Twin Falls, ID at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $72,700.

Counties in this metro

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