Rexburg housing market

Buyer's marketRexburg, ID metro areaData through Sep 2026
Typical home value
$442K
▲ 5.7% 1 yr
Typical rent
$1,160/mo
▲ 1.0% 1 yr
12-month forecast
+2.7%
#177 of 546 metros
Gross rent yield
3.1%
#543 of 546 · U.S. 6.3%
Days to pending
83 days
1 yr
Listings with a price cut
21%
▼ −3.5 pts 1 yr

Key takeaways

  • 1The typical home is worth $442,314, up 5.7% in a year and up 17% over five years.
  • 2Zillow forecasts home values rising 2.7% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,160/mo (+1.0% YoY), a 3.1% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,431/mo in principal and interest, $1,271 more than renting.
  • 5Homes go under contract in 83 days; 21% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 35/100, #369 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $442K
$206K$279K$353K$426K2016201920222025
Typical monthly rent
Latest $1,160
$885$973$1,060$1,148202120232025

How fast homes are selling

Days to go under contract
Latest 83
7283931042026
Share of listings with a price cut
Latest 21.1%
7.8%14.7%21.7%28.6%20182020202220242026
Homes for sale vs new listings
Latest 363
For saleNew listings
4014124134220182020202220242026
Share of homes sold above list price
Latest 16.8%
13.6%14.8%16.1%17.4%2026

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

How Rexburg compares

MeasureRexburgUnited StatesRank of 546
Home value, 1-yr change+5.7%+1.2%#44
Home value, 5-yr change+17.0%+19.7%
12-month forecast+2.7%+1.1%#177
Rent, 1-yr change+1.0%+2.7%#475
Gross rent yield3.1%6.3%#543
Price-to-rent ratio31.815.8
Mortgage P&I on typical home$2,431$2,012
Days to pending8356

Cities in the Rexburg metro

1 cities with home value and rent data.

Rexburg$431K▲ 5.4%$1,155▲ 1.0%3.2%

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.