Teton County, Idaho Housing Market

In Teton County, Idaho, the median home value is $690,500, with a median monthly rent of $1,319. This places Teton County at #53 nationally out of 3134 counties by median home value, and #2 within Idaho.

Median Home Value $690,500
Median Rent $1,319/mo
Owner Occupancy 80.8%
Price/Rent Ratio 43.6

📈 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 Teton County fell -8.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,359
jobs (private sector)
  • Avg weekly wage: $1,041
  • Establishments: 887
  • BLS QCEW, 2025
🏗️

Housing Supply

384
new units authorized (2025)
  • Single-family: 279
  • Multi-family: 105
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+855
net migration (filers, 2021-2022)
  • Inflow: 5,442 (avg $114,590)
  • Outflow: 4,587 (avg $109,098)
  • IRS Statistics of Income

How Teton County Compares

MetricTeton CountyIdaho AverageU.S. Average
Median Home Value $690,500 $355,261 $227,706
Median Gross Rent $1,319 $968 $968
Owner Occupancy Rate 80.8% 75.2% 73.3%
Price/Rent Ratio 43.6 30.6 18.7

Market Analysis

The median home value in Teton County is 94.4% above the Idaho state average and 203.2% above the U.S. national average. The median rent of $1,319/month is 36.3% above the state average.

With a price-to-rent ratio of 43.6, Teton 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.

Teton County has an owner-occupancy rate of 80.8%, 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
Placer County California $688,100 $2,069
Snohomish County Washington $696,000 $1,949
Nassau County New York $684,700 $2,252
Norfolk County Massachusetts $683,900 $2,149
El Dorado County California $679,900 $1,715

Other Counties in Idaho

CountyMedian Home ValueMedian RentOwner Occ.
Valley County $657,000 $1,117 81.9%
Blaine County $735,300 $1,338 73.5%
Kootenai County $518,700 $1,492 71.3%
Ada County $512,300 $1,577 70.8%
Bonner County $487,900 $1,122 78.3%

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).