Hope, ID—83836
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hope, ID
As of Oct '25, the median home price in Hope, ID is $716,000, with a year-over-year change of -1.8%. This indicates that home prices in Hope, ID are decreasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $716,000 | -1.8% |
| Single Family | $747,000 | -2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $594,000 | 1.0% |
3 Bed | $795,000 | -2.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hope, ID
As of July '25, Rentcast reports the average rent in Hope, ID is $1,900, with a year-over-year rent change of -13.6%. Per bedroom, the median rent as of July '25 in Hope, ID is 2-bedrooms: $1,900. The most common rental property sizes in Hope, ID are 2-bedroom and 1-bedroom, accounting for 74.4% and 18.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,900 | $1,900 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hope, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Hope, ID is 133. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,380,000 | -20.0% |
Listing Count | 17 | -5.0% |
| Listings as % of Homes | 1.5% | -5.0% |
Days on Market | 133 | -12.0% |
Demographics — Hope, ID
As of the latest ACS Survey released in 2023, Hope, ID has a population of 1,060, which has increased by 36.1% over the past 5 years. Hope, ID is a less popular place for families, as children make up 6.8% of the population. The area has a moderately educated workforce, with 40.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,060 | 36.1% |
% Under 18 | 6.8% | -31.3% |
% Seniors | 33.8% | -12.9% |
% WFH | 9.0% | 143.2% |
% w/ College Degree | 40.1% | -9.5% |
As of the latest ACS Survey released in 2023, Hope, ID is a predominantly white area, with 94.0% 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 Hope, ID is hispanic, making up 0.7% of the population. Foreign-born residents account for 2.5% of the population in Hope, ID, and this percentage has decreased by 21.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.0% | -5.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.7% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.5% | -21.9% |
Mortgage and Risk — Hope, ID
Hope, ID lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Hope, ID
Hope, ID lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% 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 | N/A | N/A | $750 |
| 2 Bedroom | -$930 | $1,900 | $970 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Hope, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $716,000 |
| Median Household Income | $114,000 |