The story of this market
The typical home in ZIP 83254 sells for about $325,000, or $165 per square foot.
Prices are up +16.07% from a year ago, so sellers still have some momentum. Homes take about 302 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $973 a month.
ZIP 83254 — Montpelier
The housing market in 83254 is characterized by low inventory and stable, modest price growth. Market activity is limited, with few closed sales reported, reflecting the rural nature of the area. Data for specific metrics like days on market and price cuts are sparse, indicating a slow-moving, localized market.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including families and individuals working in local trades or agriculture who value proximity to outdoor amenities.
Median prices moved up 16.1% year over year.
Homes spend a median of 302 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 6.4% — a stable, low-distress profile.
ZCTA 83254
Schools in the area are generally characterized by smaller, rural district settings with limited comparative data available.
The area is subject to standard regional wildfire and winter weather risks typical of the Intermountain West.
The local economy is primarily driven by agriculture, trades, and production, with limited large-scale industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Idaho) — Homestead Property Tax Exemption: 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).
Residents typically face a commute of approximately 30 minutes, reflecting the rural nature of the region and reliance on personal vehicles.
The area offers access to outdoor recreation including Bear Lake, local parks, and proximity to regional trails and fishing spots.
The rental market is limited in depth, with a reliance on single-family housing stock and minimal multi-family inventory.
The economy is largely production and trade-oriented, supported by the agricultural base of Bear Lake County.
Transportation is primarily highway-based with no significant public transit infrastructure.
There are no major large-scale commercial or residential developments currently reported for this ZIP.
The Bear Lake County Assessor manages property valuations for tax purposes.
Parcels are subject to local school district and county-level service taxes.
Property insurance premiums are influenced by regional wildfire risk and rural service accessibility.
Data retrieved from Census Reporter and ZCTA-level ACS tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- The National Oregon/California Trail Center4.50 mi
- Butch Cassidy Museum4.50.6 mi
- Bear Lake National Wildlife Refuge4.70.1 mi
- The National Oregon/California Trail Center4.50 mi
- Butch Cassidy Museum4.50.6 mi
- Bear Lake National Wildlife Refuge4.70.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional attraction known for its turquoise water and recreational boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.