The story of this market
The typical home in ZIP 83420 sells for about $461,113, or $215 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,179 a month.
ZIP 83420 — Ashton
The housing market in 83420 is characterized by low transaction volume and high vacancy rates, reflecting its rural nature. Prices have appreciated steadily over the last five years, but the high price-to-rent ratio makes it challenging for investors. Current conditions are stable, with limited inventory and a market driven primarily by local demand rather than speculative investment.
This ZIP is best suited for outdoor enthusiasts, retirees, and families seeking a rural lifestyle, as the market lacks the density and employment diversity required by urban commuters or high-volume investors.
Median prices moved up 4.2% year over year.
Homes spend a median of 112 days on market with 16.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 3.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 11.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 83420, Fremont County, ID
Crime rates in the Ashton area are generally low, consistent with rural Fremont County trends and significantly below national averages.
Schools serving the area are part of the Fremont County Joint School District, generally characterized by small class sizes and rural community engagement.
The area faces moderate wildfire risk typical of the Upper Snake River Valley and high winter snow-load considerations for property insurance.
Economic momentum is driven by agriculture, outdoor recreation, and tourism, 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).
Commutes are primarily vehicle-dependent, with residents traveling toward Rexburg or Idaho Falls for major employment hubs.
The area is a gateway to the Caribou-Targhee National Forest and Mesa Falls, offering extensive fishing, snowmobiling, and hiking opportunities.
The rental market is characterized by low inventory and high vacancy rates, with limited multi-family supply and a reliance on single-family rentals.
The local economy is anchored by agriculture, timber, and the tourism sector, with significant seasonal employment fluctuations.
Transportation is entirely reliant on private vehicles via US-20, which serves as the primary corridor for regional connectivity.
Development is strictly managed by county zoning, with a focus on preserving agricultural land and limiting high-density sprawl.
The Fremont County Assessor manages property valuations, utilizing a mass appraisal system for annual tax roll updates.
Parcels are subject to Fremont County Joint School District 215 and various local fire and cemetery district levies.
Property insurance premiums are influenced by wildfire risk zones and the high cost of winter-related structural maintenance.
Idaho continues to see net positive domestic migration, though growth in this specific rural ZIP remains modest compared to urban centers.
Idaho is a non-judicial foreclosure state, allowing for efficient trustee sales following a notice of default and statutory waiting periods.
Sellers are required to provide a property condition disclosure form covering known material defects at the time of sale.
Data retrieved from US Census Bureau ZCTA 83420 profiles and supplemental local market reports.
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.
Scenic waterfalls located in the nearby Targhee National Forest.
Popular local spot for fishing and non-motorized boating.
Extensive public lands for hiking, hunting, and winter sports.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.