Cassia County, Idaho Housing Market

In Cassia County, Idaho, the median home value is $284,600, with a median monthly rent of $1,000. This places Cassia County at #704 nationally out of 3134 counties by median home value, and #30 within Idaho.

Median Home Value $284,600
Median Rent $1,000/mo
Owner Occupancy 68.6%
Price/Rent Ratio 23.7

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Cassia County fell -3.8% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

11,013
jobs (private sector)
  • Avg weekly wage: $1,016
  • Establishments: 1,083
  • BLS QCEW, 2025
🏗️

Housing Supply

112
new units authorized (2025)
  • Single-family: 90
  • Multi-family: 22
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+559
net migration (filers, 2021-2022)
  • Inflow: 9,053 (avg $80,396)
  • Outflow: 8,494 (avg $81,752)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Cassia County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 83318 326.3 -5.36% 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.

How Cassia County Compares

MetricCassia CountyIdaho AverageU.S. Average
Median Home Value $284,600 $355,261 $227,706
Median Gross Rent $1,000 $968 $968
Owner Occupancy Rate 68.6% 75.2% 73.3%
Price/Rent Ratio 23.7 30.6 18.7

Market Analysis

The median home value in Cassia County is 19.9% below the Idaho state average and 25.0% above the U.S. national average. The median rent of $1,000/month is 3.3% above the state average.

With a price-to-rent ratio of 23.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Cassia County has an owner-occupancy rate of 68.6%, 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

CountyStateMedian Home ValueMedian Rent
Johnson County Indiana $284,600 $1,271
Madison County North Carolina $284,600 $780
Jackson County North Carolina $284,700 $904
Millard County Utah $284,700 $882
Williams County North Dakota $284,800 $1,123

Other Counties in Idaho

CountyMedian Home ValueMedian RentOwner Occ.
Washington County $278,100 $938 74.6%
Bingham County $293,300 $874 80.5%
Benewah County $293,500 $875 73.2%
Bear Lake County $275,000 $632 89.5%
Oneida County $272,000 $859 88.3%

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).