Emmett, ID—83617
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Emmett, ID
As of Oct '25, the median home price in Emmett, ID is $445,000, with a year-over-year change of -0.1%. This indicates that home prices in Emmett, ID are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $445,000 | -0.1% |
| Single Family | $445,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $331,000 | 1.8% |
2 Bed | $302,000 | 0.7% |
3 Bed | $431,000 | 0.2% |
4 Bed | $555,000 | 0.5% |
| 5 Bed | $690,000 | 0.6% |
% of Housing Stock
Rental Trends — Emmett, ID
As of July '25, Rentcast reports the average rent in Emmett, ID is $1,560, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Emmett, ID is 2-bedrooms: $1,340, 3-bedrooms: $1,650, 4-bedrooms: $2,260. The most common rental property sizes in Emmett, ID are 2-bedroom and 3-bedroom, accounting for 47.8% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,340 |
| 3 Bed Rent | $1,550 | $1,650 |
| 4 Bed Rent | $2,320 | $2,260 |
% of Rental Stock
Property Listings — Emmett, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Emmett, ID is 88. This is a increase of 14.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $572,000 | -9.0% |
Listing Count | 128 | -8.0% |
| Listings as % of Homes | 1.7% | -8.0% |
Days on Market | 88 | 14.0% |
Demographics — Emmett, ID
As of the latest ACS Survey released in 2023, Emmett, ID has a population of 17,300, which has increased by 11.7% over the past 5 years. Emmett, ID is a moderately popular place for families, as children make up 21.8% of the population. The area has a poorly educated workforce, with 22.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,300 | 11.7% |
% Under 18 | 21.8% | -2.2% |
% Seniors | 23.6% | 11.8% |
% WFH | 12.7% | 84.1% |
% w/ College Degree | 22.3% | 57.0% |
As of the latest ACS Survey released in 2023, Emmett, ID is a predominantly white area, with 83.4% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Emmett, ID is hispanic, making up 10.3% of the population. Foreign-born residents account for 5.2% of the population in Emmett, ID, and this percentage has increased by 57.6% 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 | 83.4% | -4.4% |
% Black | 0.2% | ∞% |
% Hispanic | 10.3% | 18.4% |
% Asian | 0.2% | -71.4% |
% Foreign Born | 5.2% | 57.6% |
Mortgage and Risk — Emmett, ID
According to HUD data as of 2023, there were 452 mortgage originations in Emmett, ID, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Emmett, 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 | 452 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Emmett, ID
Emmett, ID lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 57 |
Total Units Section 8 | 57 |
% Rentals under Section 8 | 3.9% |
% Occupied Section 8 | 93.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | $0 | $1,300 | $1,300 |
| 3 Bedroom | $200 | $1,550 | $1,750 |
| 4 Bedroom | -$260 | $2,320 | $2,060 |
Affordability — Emmett, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $445,000 |
| Median Household Income | $65,600 |