Market Intelligence · ID / Idaho Falls

Idaho Falls, ID 83406 Housing Market

The typical home value in Idaho Falls, ID 83406 is $429,931, up 1.7% over the past year as of September 2026. The median list price is $415,000, and homes are spending a median of 33 days on the market.

Updated September 2026Median value$430K

The median home value in Idaho Falls, ID 83406 is $430K as of September 2026, up 1.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 83406 range

$396K to $464K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.7% over 12 months

Sep 2025$423K

Low $423KHigh $430K

Sep 2026$430K

The numbers

What is the 83406 housing market like?

As of September 2026

Typical home value

$430K

1.7%YoY

Median list price

$415K

8.8%MoM

Days on market

26.7%MoM

Homes for sale

108

31.7%MoM

Price cuts

22.5%

20.1%MoM

New listings

27.8%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

83406 housing market forecast 2027

+0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 83406 to rise 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 83406 rose 1.7%, per the Zillow Home Value Index.

Will home prices drop in 83406?

Zillow's forecast does not call for a drop: it expects typical home values in 83406 to rise 0.5% by September 2027, after a 1.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 83406 home prices compare?

83406$429,931
Idaho Falls$405,914
Idaho$432,494
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Idaho Falls: 4 ZIPs; Idaho: 203 ZIPs; United States: 26,262 ZIPs).

Context

Home values in 83406 rose 1.7% over the past year, a modest pace of appreciation. As of September 2026, there were 108 homes for sale, with 46 new listings coming on the market. The median list price of $415,000 sits below the typical home value of $429,931, and homes are moving in a median of 33 days. About 22.5% of listings have taken a price cut. For a seller, this is a stable market, not a hot one, and pricing accurately from the start matters more than testing the ceiling.

Monthly payment

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Home price

Down payment20% · $85,986

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Common questions

What people ask us.

How much is a home in 83406 worth?

The typical home value in Idaho Falls, ID 83406 is $429,931, up 1.7% over the past year as of September 2026.

How long does it take to sell a home in 83406?

Homes in 83406 are spending a median of 33 days on the market as of September 2026. The median list price is $415,000.

Is 83406 a buyer's or seller's market?

As of September 2026, there were 108 homes for sale with 46 new listings, and 22.5% of listings had a price cut. That points to a balanced market where well-priced homes still sell.

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