Valley County, Idaho Housing Market

In Valley County, Idaho, the median home value is $657,000, with a median monthly rent of $1,117. This places Valley County at #64 nationally out of 3134 counties by median home value, and #3 within Idaho.

Median Home Value $657,000
Median Rent $1,117/mo
Owner Occupancy 81.9%
Price/Rent Ratio 49.0

📈 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 Valley County rose +3.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,696
jobs (private sector)
  • Avg weekly wage: $982
  • Establishments: 847
  • BLS QCEW, 2025
🏗️

Housing Supply

268
new units authorized (2025)
  • Single-family: 249
  • Multi-family: 19
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+674
net migration (filers, 2021-2022)
  • Inflow: 5,550 (avg $118,136)
  • Outflow: 4,876 (avg $113,993)
  • IRS Statistics of Income

📍 Sub-Market Activity

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

# ZIP Code HPI YoY Change Latest Year
1 83615 470.9 -18.58% 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 Valley County Compares

MetricValley CountyIdaho AverageU.S. Average
Median Home Value $657,000 $355,261 $227,706
Median Gross Rent $1,117 $968 $968
Owner Occupancy Rate 81.9% 75.2% 73.3%
Price/Rent Ratio 49.0 30.6 18.7

Market Analysis

The median home value in Valley County is 84.9% above the Idaho state average and 188.5% above the U.S. national average. The median rent of $1,117/month is 15.4% above the state average.

With a price-to-rent ratio of 49.0, Valley 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.

Valley County has an owner-occupancy rate of 81.9%, 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
Morgan County Utah $654,900 $1,492
Hood River County Oregon $660,000 $1,417
Western Connecticut Planning Region Connecticut $652,900 $2,110
Deschutes County Oregon $650,900 $1,787
Westchester County New York $663,200 $1,951

Other Counties in Idaho

CountyMedian Home ValueMedian RentOwner Occ.
Teton County $690,500 $1,319 80.8%
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).