Idaho Falls, ID 83401 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market indicator, the median sold price of 327,753, indicates a representative recent sale level for SFR and condominium properties and supports the view of modest price appreciation given the broader metrics; up price momentum complements this valuation signal.
2. The median days on market of 836 suggests materially slower sales velocity in the sampled transactions and may indicate pricing friction or elongated negotiation timelines rather than immediate liquidity; combined with the sample’s relatively constrained active supply, this appears to produce a balanced-to-cautious transaction environment rather than rapid turnover. down
3. Rental demand shows strength: the median market rent of 1,295 and a up rent year-over-year trend point to steady rental fundamentals that may support investor interest, though acquisition economics must be weighed against current interest-rate conditions.
4. Interest-rate pressure is a headwind: the market reports elevated interest rate pressure and notes current 30-year fixed mortgage rates in Idaho Falls are approximately 6.5% compared to 5.8% earlier in 2026, which may constrain affordability and slow buyer conversion even as the market temperature remains neutral.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.