Blackfoot housing market

Buyer's marketBlackfoot, ID metro areaData through Sep 2026
Typical home value
$385K
▲ 3.6% 1 yr
Typical rent
$1,066/mo
▲ 4.6% 1 yr
12-month forecast
+3.0%
#143 of 546 metros
Gross rent yield
3.3%
#540 of 546 · U.S. 6.3%
Days to pending
69 days
▲ +16 days 1 yr
Listings with a price cut
25%
▼ −3.4 pts 1 yr

Key takeaways

  • 1The typical home is worth $385,001, up 3.6% in a year and up 15% over five years.
  • 2Zillow forecasts home values rising 3.0% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,066/mo (+4.6% YoY), a 3.3% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,116/mo in principal and interest, $1,050 more than renting.
  • 5Homes go under contract in 69 days (+16 days vs last year); 25% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 43/100, #240 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $385K
$179K$243K$307K$371K2016201920222025
Typical monthly rent
Latest $1,066
$978$1,005$1,033$1,060202420252026

How fast homes are selling

Days to go under contract
Latest 69
5466799120252026
Share of listings with a price cut
Latest 25.0%
9.5%17.1%24.7%32.3%20182020202220242026
Homes for sale vs new listings
Latest 221
For saleNew listings
359315020820182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Blackfoot compares

MeasureBlackfootUnited StatesRank of 546
Home value, 1-yr change+3.6%+1.2%#149
Home value, 5-yr change+15.2%+19.7%
12-month forecast+3.0%+1.1%#143
Rent, 1-yr change+4.6%+2.7%#140
Gross rent yield3.3%6.3%#540
Price-to-rent ratio30.115.8
Mortgage P&I on typical home$2,116$2,012
Days to pending6956

Run the numbers

Other Idaho metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.