Bannock County, Idaho Housing Market
In Bannock County, Idaho, the median home value is $300,700, with a median monthly rent of $960. This places Bannock County at #621 nationally out of 3134 counties by median home value, and #27 within Idaho.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $936
- Establishments: 3,190
- BLS QCEW, 2025
Housing Supply
- Single-family: 297
- Multi-family: 295
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 33,742 (avg $68,144)
- Outflow: 31,550 (avg $68,500)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 5 active ZIP codes in Bannock County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 83245 | 346.8 | -4.41% | 2025 |
| 2 | 83250 | 368.6 | +13.08% | 2025 |
| 3 | 83202 | 321.3 | -0.92% | 2025 |
| 4 | 83204 | 337.7 | -0.19% | 2025 |
| 5 | 83201 | 336.4 | +0.89% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Bannock County Compares
| Metric | Bannock County | Idaho Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $300,700 | $355,261 | $227,706 |
| Median Gross Rent | $960 | $968 | $968 |
| Owner Occupancy Rate | 69.5% | 75.2% | 73.3% |
| Price/Rent Ratio | 26.1 | 30.6 | 18.7 |
Market Analysis
The median home value in Bannock County is 15.4% below the Idaho state average and 32.1% above the U.S. national average. The median rent of $960/month is 0.8% below the state average.
With a price-to-rent ratio of 26.1, Bannock County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Bannock County has an owner-occupancy rate of 69.5%, compared to 75.2% in Idaho and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Pasco County | Florida | $300,900 | $1,505 |
| Lehigh County | Pennsylvania | $300,400 | $1,383 |
| Lancaster County | Pennsylvania | $301,100 | $1,357 |
| Union County | South Dakota | $301,100 | $1,069 |
| Glynn County | Georgia | $301,300 | $1,135 |
Other Counties in Idaho
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Camas County | $304,000 | $1,000 | 80.0% |
| Benewah County | $293,500 | $875 | 73.2% |
| Bingham County | $293,300 | $874 | 80.5% |
| Idaho County | $310,200 | $789 | 80.9% |
| Fremont County | $314,200 | $864 | 82.6% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).