Market Intelligence · ID / Idaho Falls

Idaho Falls, ID 83406 Housing Market

The typical home value in Idaho Falls 83406 is $434,071, up 0.7% over the past year. The median list price stands at $455,000, with homes taking a median of 45 days to sell.

Updated August 2026Median value$430K

The median home value in Idaho Falls, ID 83406 is $430K as of August 2026, up 1.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 83406 range

$396K to $465K

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

+1.3% over 12 months

Typical home value in 83406 over the last 12 months: $425K in Aug 2025 to $430K in Aug 2026 (+1.3%).

Aug 2025$425K

Aug 2026$430K

The numbers

What is the 83406 housing market like?

Typical home value

$430K

Up1.3%YoY

Median list price

$455K

Down15.2%MoM

Days on market

45

Up9.8%MoM

Homes for sale

82

Up2.5%MoM

Price cuts

28.1%

Up41.6%MoM

New listings

36

Down5.3%MoM

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

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The comparison

How do 83406 home prices compare?

  • 83406$430,192
  • Idaho Falls$407,779
  • Idaho$437,744
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Idaho Falls: 4 ZIPs; Idaho: 203 ZIPs; United States: 26,265 ZIPs).

Context

Currently, 82 homes are for sale in this ZIP, with 36 new listings added recently. The median time on market is 45 days, suggesting steady interest, though 28.1% of listings have seen price cuts. This combination of modest price growth and active price reductions indicates a market that favors buyers more than sellers right now.

Monthly payment

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20% · $86,038

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