Mountain Home, ID—83647
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mountain Home, ID
As of Oct '25, the median home price in Mountain Home, ID is $349,000, with a year-over-year change of 1.4%. This indicates that home prices in Mountain Home, ID are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $349,000 | 1.4% |
| Single Family | $349,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $249,000 | 2.5% |
2 Bed | $251,000 | 2.0% |
3 Bed | $339,000 | 1.8% |
4 Bed | $387,000 | 1.0% |
| 5 Bed | $464,000 | -0.6% |
% of Housing Stock
Rental Trends — Mountain Home, ID
As of July '25, Rentcast reports the average rent in Mountain Home, ID is $1,520, with a year-over-year rent change of -15.1%. Per bedroom, the median rent as of July '25 in Mountain Home, ID is studios: $850, 1-bedrooms: $954, 2-bedrooms: $1,120, 3-bedrooms: $1,930, 4-bedrooms: $2,140. The most common rental property sizes in Mountain Home, ID are 2-bedroom and 3-bedroom, accounting for 50.5% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,520 |
| Studio Rent | $850 | $850 |
| 1 Bed Rent | $900 | $954 |
| 2 Bed Rent | $1,100 | $1,120 |
| 3 Bed Rent | $2,000 | $1,930 |
| 4 Bed Rent | $2,200 | $2,140 |
% of Rental Stock
Property Listings — Mountain Home, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Mountain Home, ID is 69. This is a increase of 28.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $362,000 | -8.0% |
Listing Count | 159 | 43.0% |
| Listings as % of Homes | 0.8% | 43.0% |
Days on Market | 69 | 28.0% |
Demographics — Mountain Home, ID
As of the latest ACS Survey released in 2023, Mountain Home, ID has a population of 22,600, which has increased by 11.2% over the past 5 years. Mountain Home, ID is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 20.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,600 | 11.2% |
% Under 18 | 25.0% | 2.0% |
% Seniors | 15.5% | 10.7% |
% WFH | 2.5% | -21.9% |
% w/ College Degree | 20.6% | 23.4% |
As of the latest ACS Survey released in 2023, Mountain Home, ID is a predominantly white area, with 71.7% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Mountain Home, ID is hispanic, making up 18.2% of the population. Foreign-born residents account for 9.8% of the population in Mountain Home, ID, and this percentage has increased by 24.1% 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 | 71.7% | -4.5% |
% Black | 2.2% | -15.4% |
% Hispanic | 18.2% | 22.1% |
% Asian | 2.9% | 61.1% |
% Foreign Born | 9.8% | 24.1% |
Mortgage and Risk — Mountain Home, ID
According to HUD data as of 2023, there were 599 mortgage originations in Mountain Home, ID, of which 46.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Mountain Home, ID. Investor activity is low, as 3.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 599 |
% Conventional Loans | 46.0% |
% Government Loans | 54.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Mountain Home, ID
As of 2024, the percent of homes in Mountain Home, ID under the Section 8 program is 3.3%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Mountain Home, ID, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 83 |
Total Units Section 8 | 83 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 93.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $900 | $1,030 |
| 2 Bedroom | $150 | $1,100 | $1,250 |
| 3 Bedroom | -$230 | $2,000 | $1,770 |
| 4 Bedroom | -$130 | $2,200 | $2,070 |
Affordability — Mountain Home, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $349,000 |
| Median Household Income | $57,800 |