Caldwell, ID—83605
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Caldwell, ID
Home Price Trends — Caldwell, ID
As of Oct '25, the median home price in Caldwell, ID is $363,000, with a year-over-year change of -1.5%. This indicates that home prices in Caldwell, ID are decreasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | -1.5% |
| Single Family | $363,000 | -1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $232,000 | 1.3% |
2 Bed | $272,000 | -1.1% |
3 Bed | $352,000 | -1.7% |
4 Bed | $403,000 | -0.7% |
| 5 Bed | $456,000 | -0.2% |
% of Housing Stock
Rental Trends — Caldwell, ID
As of July '25, Rentcast reports the average rent in Caldwell, ID is $1,590, with a year-over-year rent change of 6.7%. Per bedroom, the median rent as of July '25 in Caldwell, ID is studios: $883, 1-bedrooms: $1,050, 2-bedrooms: $1,390, 3-bedrooms: $1,880, 4-bedrooms: $2,210. The most common rental property sizes in Caldwell, ID are 2-bedroom and 3-bedroom, accounting for 46.6% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,590 |
| Studio Rent | $950 | $883 |
| 1 Bed Rent | $925 | $1,050 |
| 2 Bed Rent | $1,400 | $1,390 |
| 3 Bed Rent | $1,900 | $1,880 |
| 4 Bed Rent | $2,300 | $2,210 |
% of Rental Stock
Property Listings — Caldwell, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Caldwell, ID is 68. 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $404,000 | 1.0% |
Listing Count | 200 | 0.0% |
| Listings as % of Homes | 1.5% | 0.0% |
Days on Market | 68 | 9.0% |
Demographics — Caldwell, ID
As of the latest ACS Survey released in 2023, Caldwell, ID has a population of 41,200, which has decreased by -11.5% over the past 5 years. Caldwell, ID is a popular place for families, as children make up 28.9% of the population. The area has a poorly educated workforce, with 14.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,200 | -11.5% |
% Under 18 | 28.9% | -6.8% |
% Seniors | 10.8% | -3.6% |
% WFH | 10.3% | 114.6% |
% w/ College Degree | 14.1% | -6.6% |
As of the latest ACS Survey released in 2023, Caldwell, ID is a predominantly white area, with 50.8% of the population identifying as white. The white population has shrunk by 11.8% in the last 5 years. The second most common race or ethnicity in Caldwell, ID is hispanic, making up 42.4% of the population. Foreign-born residents account for 13.5% of the population in Caldwell, ID, and this percentage has increased by 8.9% 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 | 50.8% | -11.8% |
% Black | 0.5% | 66.7% |
% Hispanic | 42.4% | 11.6% |
% Asian | 1.0% | 25.0% |
% Foreign Born | 13.5% | 8.9% |
Mortgage and Risk — Caldwell, ID
According to HUD data as of 2023, there were 1111 mortgage originations in Caldwell, ID, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Caldwell, ID. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,111 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Caldwell, ID
As of 2024, the percent of homes in Caldwell, ID under the Section 8 program is 8.2%. 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 Caldwell, ID, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 450 |
Total Units Section 8 | 383 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 96.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $345 | $925 | $1,270 |
| 2 Bedroom | $120 | $1,400 | $1,520 |
| 3 Bedroom | $230 | $1,900 | $2,130 |
| 4 Bedroom | $250 | $2,300 | $2,550 |
Affordability — Caldwell, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $363,000 |
| Median Household Income | $60,700 |