Rexburg, ID—83440
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Rexburg, ID
As of Oct '25, the median home price in Rexburg, ID is $404,000, with a year-over-year change of 4.5%. This indicates that home prices in Rexburg, ID are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $404,000 | 4.5% |
| Single Family | $410,000 | 4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $222,000 | 2.3% |
3 Bed | $344,000 | 4.6% |
4 Bed | $439,000 | 5.5% |
| 5 Bed | $510,000 | 4.3% |
% of Housing Stock
Rental Trends — Rexburg, ID
As of July '25, Rentcast reports the average rent in Rexburg, ID is $1,350, with a year-over-year rent change of 8.9%. Per bedroom, the median rent as of July '25 in Rexburg, ID is studios: $900, 1-bedrooms: $914, 2-bedrooms: $1,110, 3-bedrooms: $1,620, 4-bedrooms: $2,320. The most common rental property sizes in Rexburg, ID are 2-bedroom and 3-bedroom, accounting for 45.6% and 19.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,350 |
| Studio Rent | $900 | $900 |
| 1 Bed Rent | $900 | $914 |
| 2 Bed Rent | $1,100 | $1,110 |
| 3 Bed Rent | $1,600 | $1,620 |
| 4 Bed Rent | $2,300 | $2,320 |
% of Rental Stock
Property Listings — Rexburg, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Rexburg, ID is 75. This is a increase of 4.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $550,000 | 19.0% |
Listing Count | 120 | 10.0% |
| Listings as % of Homes | 0.4% | 10.0% |
Days on Market | 75 | 4.0% |
Demographics — Rexburg, ID
As of the latest ACS Survey released in 2023, Rexburg, ID has a population of 50,700, which has increased by 40.0% over the past 5 years. Rexburg, ID is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 39.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,700 | 40.0% |
% Under 18 | 19.9% | -25.2% |
% Seniors | 4.7% | -26.6% |
% WFH | 11.4% | 107.3% |
% w/ College Degree | 39.7% | 8.2% |
As of the latest ACS Survey released in 2023, Rexburg, ID is a predominantly white area, with 84.3% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Rexburg, ID is hispanic, making up 10.1% of the population. Foreign-born residents account for 5.1% of the population in Rexburg, ID, and this percentage has increased by 34.2% 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 | 84.3% | -5.4% |
% Black | 0.8% | 300.0% |
% Hispanic | 10.1% | 48.5% |
% Asian | 1.5% | 25.0% |
% Foreign Born | 5.1% | 34.2% |
Mortgage and Risk — Rexburg, ID
According to HUD data as of 2023, there were 498 mortgage originations in Rexburg, ID, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Rexburg, ID. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 498 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Rexburg, ID
Rexburg, ID lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 170 |
Total Units Section 8 | 170 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 87.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $900 | $890 |
| 2 Bedroom | -$110 | $1,100 | $990 |
| 3 Bedroom | -$210 | $1,600 | $1,390 |
| 4 Bedroom | -$670 | $2,300 | $1,630 |
Affordability — Rexburg, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $404,000 |
| Median Household Income | $57,700 |