Twin Falls, ID—83301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Twin Falls, ID
As of Oct '25, the median home price in Twin Falls, ID is $359,000, with a year-over-year change of 2.0%. This indicates that home prices in Twin Falls, ID are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $359,000 | 2.0% |
| Single Family | $360,000 | 2.0% |
| Condos | $243,000 | 6.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $239,000 | 2.6% |
3 Bed | $345,000 | 1.8% |
4 Bed | $406,000 | 1.8% |
| 5 Bed | $499,000 | 1.6% |
% of Housing Stock
Rental Trends — Twin Falls, ID
As of July '25, Rentcast reports the average rent in Twin Falls, ID is $1,510, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in Twin Falls, ID is studios: $920, 1-bedrooms: $1,230, 2-bedrooms: $1,340, 3-bedrooms: $1,730, 4-bedrooms: $2,160. The most common rental property sizes in Twin Falls, ID are 2-bedroom and 3-bedroom, accounting for 45.3% and 20.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,480 | $1,510 |
| Studio Rent | $750 | $920 |
| 1 Bed Rent | $1,030 | $1,230 |
| 2 Bed Rent | $1,380 | $1,340 |
| 3 Bed Rent | $1,750 | $1,730 |
| 4 Bed Rent | $2,200 | $2,160 |
% of Rental Stock
Property Listings — Twin Falls, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Twin Falls, ID is 67. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | 4.0% |
Listing Count | 394 | 12.0% |
| Listings as % of Homes | 1.1% | 12.0% |
Days on Market | 67 | 9.0% |
Demographics — Twin Falls, ID
As of the latest ACS Survey released in 2023, Twin Falls, ID has a population of 62,000, which has increased by 9.0% over the past 5 years. Twin Falls, ID is a popular place for families, as children make up 25.1% of the population. The area has a poorly educated workforce, with 23.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 62,000 | 9.0% |
% Under 18 | 25.1% | -9.4% |
% Seniors | 16.8% | 20.9% |
% WFH | 8.3% | 144.1% |
% w/ College Degree | 23.8% | 11.7% |
As of the latest ACS Survey released in 2023, Twin Falls, ID is a predominantly white area, with 75.8% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Twin Falls, ID is hispanic, making up 16.3% of the population. Foreign-born residents account for 7.9% of the population in Twin Falls, ID, and this percentage has decreased by 14.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 75.8% | -3.4% |
% Black | 1.2% | 20.0% |
% Hispanic | 16.3% | -0.6% |
% Asian | 2.0% | -16.7% |
% Foreign Born | 7.9% | -14.1% |
Mortgage and Risk — Twin Falls, ID
According to HUD data as of 2023, there were 1385 mortgage originations in Twin Falls, ID, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Twin Falls, ID. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,385 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Twin Falls, ID
As of 2024, the percent of homes in Twin Falls, ID under the Section 8 program is 8.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Twin Falls, ID, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 805 |
Total Units Section 8 | 609 |
% Rentals under Section 8 | 8.0% |
% Occupied Section 8 | 83.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$80 | $1,030 | $950 |
| 2 Bedroom | -$130 | $1,380 | $1,250 |
| 3 Bedroom | $0 | $1,750 | $1,750 |
| 4 Bedroom | -$100 | $2,200 | $2,100 |
Affordability — Twin Falls, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $359,000 |
| Median Household Income | $62,400 |