Bear Lake County, Idaho Housing Market
In Bear Lake County, Idaho, the median home value is $275,000, with a median monthly rent of $632. This places Bear Lake County at #753 nationally out of 3134 counties by median home value, and #32 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: $688
- Establishments: 269
- BLS QCEW, 2025
Housing Supply
- Single-family: 128
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,481 (avg $67,597)
- Outflow: 2,217 (avg $67,811)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Bear Lake County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 83254 | 420.5 | +2.73% | 2025 |
| 2 | 83276 | 337.8 | -0.80% | 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.
📝 Editor's Insight
None
How Bear Lake County Compares
| Metric | Bear Lake County | Idaho Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $275,000 | $355,261 | $227,706 |
| Median Gross Rent | $632 | $968 | $968 |
| Owner Occupancy Rate | 89.5% | 75.2% | 73.3% |
| Price/Rent Ratio | 36.3 | 30.6 | 18.7 |
Market Analysis
The median home value in Bear Lake County is 22.6% below the Idaho state average and 20.8% above the U.S. national average. The median rent of $632/month is 34.7% below the state average.
With a price-to-rent ratio of 36.3, Bear Lake 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.
Bear Lake County has an owner-occupancy rate of 89.5%, compared to 75.2% in Idaho and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Denali Borough | Alaska | $275,000 | $825 |
| Dunn County | North Dakota | $275,000 | $922 |
| Christian County | Missouri | $274,900 | $1,058 |
| Hancock County | Indiana | $274,800 | $1,203 |
| Lancaster County | Nebraska | $275,200 | $1,085 |
Other Counties in Idaho
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Oneida County | $272,000 | $859 | 88.3% |
| Washington County | $278,100 | $938 | 74.6% |
| Jerome County | $271,800 | $966 | 75.2% |
| Clearwater County | $268,200 | $875 | 82.9% |
| Shoshone County | $267,400 | $943 | 74.0% |
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 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).