Gooding County, Idaho Housing Market

In Gooding County, Idaho, the median home value is $250,900, with a median monthly rent of $880. This places Gooding County at #883 nationally out of 3134 counties by median home value, and #39 within Idaho.

Median Home Value $250,900
Median Rent $880/mo
Owner Occupancy 70.8%
Price/Rent Ratio 23.8

📈 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 Gooding County rose +4.0% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

5,656
jobs (private sector)
  • Avg weekly wage: $1,007
  • Establishments: 586
  • BLS QCEW, 2025
🏗️

Housing Supply

36
new units authorized (2025)
  • Single-family: 34
  • Multi-family: 2
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+400
net migration (filers, 2021-2022)
  • Inflow: 5,852 (avg $59,457)
  • Outflow: 5,452 (avg $58,955)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 5 active ZIP codes in Gooding County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 83332 384.3 +25.28% 2025
2 83316 367.7 -1.59% 2025
3 83338 354.2 +13.53% 2025
4 83355 299.9 -2.37% 2025
5 83330 315.4 +0.56% 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

Analyzed on 2026-10-13 using U.S. Census ACS 2024 data and AI reasoning.

How Gooding County Compares

MetricGooding CountyIdaho AverageU.S. Average
Median Home Value $250,900 $355,261 $227,706
Median Gross Rent $880 $968 $968
Owner Occupancy Rate 70.8% 75.2% 73.3%
Price/Rent Ratio 23.8 30.6 18.7

Market Analysis

The median home value in Gooding County is 29.4% below the Idaho state average and 10.2% above the U.S. national average. The median rent of $880/month is 9.1% below the state average.

With a price-to-rent ratio of 23.8, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Gooding County has an owner-occupancy rate of 70.8%, 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
Floyd County Indiana $251,000 $1,036
Jack County Texas $251,200 $960
Cumberland County Tennessee $250,500 $839
Jefferson Parish Louisiana $251,400 $1,190
Forsyth County North Carolina $250,400 $1,098

Other Counties in Idaho

CountyMedian Home ValueMedian RentOwner Occ.
Lincoln County $255,600 $1,021 78.9%
Caribou County $241,500 $847 81.6%
Minidoka County $262,600 $900 69.2%
Shoshone County $267,400 $943 74.0%
Clearwater County $268,200 $875 82.9%

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).