The story of this market
The typical home in Jerome County, Idaho sells for about $409,466, or $247 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 25 days to sell, which is fast. Over the long run, values in this county have grown 209% since 2000. Last year 4 of 6 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is winter weather, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,166 a month.
HUD sets the fair market rent for a 2-bedroom at $1,166 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+3.8%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2021 (+25.5%). Worst: 2010 (-11.7%). Hover to read a year.
Monthly price momentum
Home values since 2015
+5.3%
ID · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,605
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+3.8%
2025 change
FHFA repeat-sales index, median of 6 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
51
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $5,755,047.
Mortgage activity
Home lending in this county
80.2%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 1096 | 626 | 80.2% | 7% | $155,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Jerome County, Idaho
Jerome County's housing market shows steady appreciation with home values rising 2.4% year-over-year. The market maintains a slight seller's advantage, supported by consistent demand for rural housing and agricultural-based economic growth.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 1 city · 1 ZIP report
Median prices moved sideways 0.0% year over year.
Homes spend a median of 230 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 12.6% — a stable, low-distress profile.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 29
| 83338 | Jerome | $374,900 | $244 | — | 230 | — | — | — | 171 | $1,166 | researched Sep 29 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Economic growth is supported by agricultural output in dairy and potato farming, with recent infrastructure investments including $4.2 million in road improvements along Highway 93.
The local economy is anchored by the agricultural sector, specifically dairy and potato farming, which saw a 5% increase in output in 2023.
Infrastructure improvements are focused on regional accessibility, notably with $4.2 million invested in road upgrades along Highway 93.
- JumpTime Idaho4.213.2 mi
- 2nd South Market4.613.1 mi
- Twin Falls County Fairgrounds: Home of the Fair, Magic Valley Stampede Rodeo, and more!4.417.1 mi
- Redhawk Gastropub4.110.9 mi
- Milner's Gate | Idaho Craft Brewery4.512.9 mi
- Koto Brewing Co.4.513 mi
- Shoshone Falls Park4.89 mi
- Perrine Memorial Bridge4.810 mi
- Evel Knievel Snake River Canyon Jump Site4.49.3 mi
- Centennial Waterfront Park4.710.6 mi
- Magic Valley Mall4.110.4 mi
- Shoshone Falls Park4.89 mi
- Travelers' Oasis Travel Plaza49.7 mi
- Centennial Waterfront Park4.710.6 mi
- Minidoka National Historic Site Visitor Center4.64.9 mi
- Twin Falls Park4.68.8 mi
- Canyon Springs-Twin Falls Golf Club4.610.6 mi
- Twin Falls Golf Course4.513.8 mi
- Blue Lakes Country Club4.710.2 mi
- Idaho's Pebble Ponds Golf Course Bar & Grill4.616.2 mi
- 93 Golf Ranch4.25.8 mi
- WinCo Foods4.410.9 mi
- Fred Meyer4.411.7 mi
- Magic Valley Mall4.110.4 mi
- Albertsons4.212.2 mi
- Smith's4.511.9 mi
- Magic Valley Regional Airport4.617.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Census Reporter profile for Jerome County, ID
applies when — Applies to parcels governed by a homeowners' association as defined in Idaho Code 55-3203.
Imposes obligations regarding association governance, financial disclosures, and restrictions on covenants (e.g., limitations on short-term rental bans and accessory dwelling unit restrictions).
Idaho Code Title 55, Chapter 32.
applies when — Applies to the transfer of any real property improved by one to four dwelling units.
Requires the seller to provide a written property condition disclosure form to the buyer, detailing the condition of the property.
Idaho Code Title 55, Chapter 25.
applies when — The property must be owner-occupied and used as the primary dwelling place of the owner.
Exempts the lesser of $125,000 or 50% of the market value for assessment purposes from property taxation. Formula: Exemption = min($125,000, 0.50 * Market Value).
Idaho Code 63-602G; as amended by House Bill 885 (2026).
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.