The story of this market
The typical home in ZIP 83221 sells for about $339,500, or $207 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 83221 — Blackfoot
The housing market in 83221 is currently stable, characterized by moderate price growth and a balanced inventory level. Demand remains consistent, driven by local employment and affordability relative to larger Idaho markets. The market is currently in a neutral phase with no significant signs of rapid appreciation or decline.
This ZIP is well-suited for families and local workers seeking affordable housing options in a rural setting. It is less ideal for those requiring high-density urban amenities or extensive public transit access.
Median prices moved up 2.4% year over year.
Homes spend a median of 68 days on market with 4.1 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 11.2% — 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 9.8%/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 8.9%/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 83221, Bingham County ID
Crime rates in Blackfoot are generally consistent with regional averages for rural Idaho, with property crime being the primary concern. Local law enforcement maintains a stable presence, and the area is considered relatively safe compared to larger urban centers in the state.
Schools in the 83221 area are primarily served by the Blackfoot School District, which provides a standard range of public education services. Performance metrics are generally aligned with state averages for rural districts.
The area faces moderate risks related to wildfire and seasonal weather events typical of the high desert climate. Flood risk is localized primarily near the Snake River and its tributaries.
Economic momentum is driven by agriculture, food processing, and regional services. Development is steady but modest, focusing on maintaining existing infrastructure rather than rapid expansion.
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).
Commuting is primarily car-dependent, with residents traveling to employment hubs in Blackfoot or nearby Idaho Falls via US-91 and I-15. Public transit options are extremely limited.
The area offers access to the Snake River for fishing and boating, along with local parks and community sports facilities. Shopping and dining are concentrated in the downtown Blackfoot area.
The rental market is characterized by steady demand from local workers and families, with limited new multi-family construction. Vacancy rates remain low, and investors often target single-family homes for long-term rentals.
The economy is anchored by the agricultural sector, food processing plants, and regional government services. Employment is stable with a focus on local industry and support services.
Transportation is dominated by private vehicle use, with I-15 serving as the primary north-south corridor. There is no significant public transit infrastructure.
Planning efforts are focused on small-scale residential infill and infrastructure maintenance. No major large-scale commercial developments are currently reported.
The Bingham County Assessor manages property valuations, utilizing annual market analysis to determine taxable values. Assessments are subject to state-mandated equalization processes.
Parcels are subject to various special districts including school, fire, and highway districts. Some areas may fall under specific irrigation or water utility districts.
Property insurance premiums are generally stable, though wildfire risk in surrounding rural areas can influence rates for specific properties. Market health is considered standard for the region.
Data retrieved from US Census Bureau ZCTA 83221 profiles.
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.
Features a lake, walking paths, and picnic areas.
Public 9-hole course serving the local community.
Hosts the annual state fair and various regional events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.