Driggs, ID—83422
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Driggs, ID
As of Oct '25, the median home price in Driggs, ID is $779,000, with a year-over-year change of -0.4%. This indicates that home prices in Driggs, ID are flat. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $779,000 | -0.4% |
| Single Family | $809,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $568,000 | 0.9% |
3 Bed | $729,000 | 0.6% |
4 Bed | $1,098,000 | 1.3% |
| 5 Bed | $1,102,000 | -0.3% |
% of Housing Stock
Rental Trends — Driggs, ID
As of July '25, Rentcast reports the average rent in Driggs, ID is $2,240, with a year-over-year rent change of 10.3%. Per bedroom, the median rent as of July '25 in Driggs, ID is studios: $1,300, 1-bedrooms: $1,400, 2-bedrooms: $1,620, 3-bedrooms: $2,990. The most common rental property sizes in Driggs, ID are 2-bedroom and 3-bedroom, accounting for 49.8% and 24.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,240 |
| Studio Rent | $1,300 | $1,300 |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | $550 | $1,620 |
| 3 Bed Rent | $2,870 | $2,990 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Driggs, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Driggs, ID is 144. This is a increase of 27.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $872,000 | 13.0% |
Listing Count | 91 | -15.0% |
| Listings as % of Homes | 2.5% | -15.0% |
Days on Market | 144 | 27.0% |
Demographics — Driggs, ID
As of the latest ACS Survey released in 2023, Driggs, ID has a population of 3,780, which has increased by 17.6% over the past 5 years. Driggs, ID is a moderately popular place for families, as children make up 20.5% of the population. The area has a moderately educated workforce, with 44.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,780 | 17.6% |
% Under 18 | 20.5% | -13.9% |
% Seniors | 11.9% | -12.5% |
% WFH | 12.6% | -11.3% |
% w/ College Degree | 44.8% | -1.8% |
As of the latest ACS Survey released in 2023, Driggs, ID is a predominantly white area, with 69.4% of the population identifying as white. The white population has shrunk by 15.5% in the last 5 years. The second most common race or ethnicity in Driggs, ID is hispanic, making up 28.2% of the population. Foreign-born residents account for 18.0% of the population in Driggs, ID, and this percentage has increased by 89.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.4% | -15.5% |
% Black | 0.0% | N/A |
% Hispanic | 28.2% | 70.9% |
% Asian | 0.2% | ∞% |
% Foreign Born | 18.0% | 89.5% |
Mortgage and Risk — Driggs, ID
According to HUD data as of 2023, there were 110 mortgage originations in Driggs, ID, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Driggs, ID. Investor activity is low, as 6.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 110 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 6.0% |
% Second Loans | 25.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Driggs, ID
Driggs, ID lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$380 | $1,400 | $1,020 |
| 2 Bedroom | $670 | $550 | $1,220 |
| 3 Bedroom | -$1,210 | $2,870 | $1,660 |
| 4 Bedroom | N/A | N/A | $2,050 |
Affordability — Driggs, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.1 |
| Median Home Price | $779,000 |
| Median Household Income | $91,000 |