The story of this market
The typical home in ZIP 83205 sells for about $385,000, or $215 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 83205 — Pocatello
The housing market in 83205 remains resilient, supported by consistent demand from the university population and a steady influx of new residents. Prices have seen moderate year-over-year growth, and inventory levels remain tight, keeping the market competitive for buyers. The overall outlook is positive as the local economy continues to benefit from institutional stability.
This area is ideal for families, university students, and faculty members who value a community-focused environment with access to outdoor recreation.
Median prices moved up 2.4% year over year.
Homes spend a median of 42 days on market with 4.1 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 18.5% — 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 9.9%/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 9.6%/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 83205, Madison County ID
Crime rates in the Rexburg area are generally lower than the national average, with property crime being the most frequently reported incident type.
The area is served by the Madison School District, which is generally well-regarded for its academic performance and community involvement.
The region faces low to moderate risk from natural hazards, primarily related to winter weather conditions and occasional localized flooding.
Economic momentum is driven by Brigham Young University-Idaho, which serves as a major anchor employer and primary driver of local housing demand.
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).
Most residents have a short commute within the city, though some travel to nearby Idaho Falls for employment.
The area offers access to numerous parks, the Teton River for outdoor activities, and proximity to world-class skiing and national parks.
The rental market is highly influenced by the university, resulting in high demand and low vacancy rates during the academic year.
The economy is heavily anchored by Brigham Young University-Idaho and the associated service, retail, and construction sectors.
Transportation is primarily automobile-dependent, with major access provided by US Highway 20 connecting to Idaho Falls.
City planning is focused on managing growth through mixed-use zoning near the university and expanding infrastructure to support new residential subdivisions.
The Madison County Assessor maintains annual property valuations based on market sales data and physical inspections.
Parcels are subject to Madison School District taxes and various local utility and fire protection district assessments.
Property insurance premiums are generally stable, reflecting the area's low risk profile for major natural disasters.
Idaho continues to experience positive net domestic migration, driven by individuals relocating from higher-cost western states.
Idaho is primarily a non-judicial foreclosure state, allowing for a streamlined process under the deed of trust framework.
Sellers are required to provide a property condition disclosure statement covering known material defects.
Data retrieved from data.census.gov ZCTA-level 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.
Major event and sports venue serving the community.
Large recreational area with trails and river access.
Public 18-hole course serving the local area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.