Shoshone County, Idaho Housing Market

In Shoshone County, Idaho, the median home value is $267,400, with a median monthly rent of $943. This places Shoshone County at #796 nationally out of 3134 counties by median home value, and #36 within Idaho.

Median Home Value $267,400
Median Rent $943/mo
Owner Occupancy 74.0%
Price/Rent Ratio 23.6

📈 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 Shoshone County rose +6.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,053
jobs (private sector)
  • Avg weekly wage: $1,110
  • Establishments: 427
  • BLS QCEW, 2025
🏗️

Housing Supply

51
new units authorized (2025)
  • Single-family: 51
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+532
net migration (filers, 2021-2022)
  • Inflow: 5,299 (avg $59,949)
  • Outflow: 4,767 (avg $58,034)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Shoshone County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 83849 412.0 +4.78% 2025
2 83837 534.3 +2.01% 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 Shoshone County Compares

MetricShoshone CountyIdaho AverageU.S. Average
Median Home Value $267,400 $355,261 $227,706
Median Gross Rent $943 $968 $968
Owner Occupancy Rate 74.0% 75.2% 73.3%
Price/Rent Ratio 23.6 30.6 18.7

Market Analysis

The median home value in Shoshone County is 24.7% below the Idaho state average and 17.4% above the U.S. national average. The median rent of $943/month is 2.6% below the state average.

With a price-to-rent ratio of 23.6, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.

Shoshone County has an owner-occupancy rate of 74.0%, 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

CountyStateMedian Home ValueMedian Rent
Warren County New York $267,400 $1,105
Outagamie County Wisconsin $267,300 $1,057
Monroe County Pennsylvania $267,600 $1,393
Allegan County Michigan $267,100 $1,100
Ward County North Dakota $267,100 $1,048

Other Counties in Idaho

CountyMedian Home ValueMedian RentOwner Occ.
Clearwater County $268,200 $875 82.9%
Jerome County $271,800 $966 75.2%
Oneida County $272,000 $859 88.3%
Minidoka County $262,600 $900 69.2%
Bear Lake County $275,000 $632 89.5%

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).