Carey, ID—83320
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Carey, ID
As of Oct '25, the median home price in Carey, ID is $539,000, with a year-over-year change of -2.5%. This indicates that home prices in Carey, ID are decreasing. According to Zillow, the 1-year price projection is 4.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $539,000 | -2.5% |
| Single Family | $539,000 | -2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $583,000 | -0.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Carey, ID
Carey, ID lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Carey, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Carey, ID is 72. This is a decrease of -68.0% 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 | $616,000 | 26.0% |
Listing Count | 7 | 58.0% |
| Listings as % of Homes | 0.6% | 58.0% |
Days on Market | 72 | -68.0% |
Demographics — Carey, ID
As of the latest ACS Survey released in 2023, Carey, ID has a population of 1,560, which has increased by 69.6% over the past 5 years. Carey, ID is a popular place for families, as children make up 31.9% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,560 | 69.6% |
% Under 18 | 31.9% | 5.6% |
% Seniors | 11.1% | -1.8% |
% WFH | 3.7% | 5.7% |
% w/ College Degree | 13.5% | -25.0% |
As of the latest ACS Survey released in 2023, Carey, ID is a predominantly white area, with 51.8% of the population identifying as white. The white population has shrunk by 31.0% in the last 5 years. The second most common race or ethnicity in Carey, ID is hispanic, making up 47.6% of the population. Foreign-born residents account for 32.7% of the population in Carey, ID, and this percentage has increased by 186.8% 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 | 51.8% | -31.0% |
% Black | 0.0% | N/A |
% Hispanic | 47.6% | 91.2% |
% Asian | 0.0% | N/A |
% Foreign Born | 32.7% | 186.8% |
Mortgage and Risk — Carey, ID
According to HUD data as of 2023, there were 28 mortgage originations in Carey, ID, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Carey, ID. Investor activity is low, as 4.0% of loans were by investors. 29.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 28 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 29.0% |
Loan Activity
Rentals and Section 8 — Carey, ID
Carey, ID lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $940 |
| 2 Bedroom | N/A | N/A | $1,230 |
| 3 Bedroom | N/A | N/A | $1,650 |
| 4 Bedroom | N/A | N/A | $1,660 |
Affordability — Carey, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.6 |
| Median Home Price | $539,000 |
| Median Household Income | $48,800 |