The story of this market
The typical home in ZIP 83237 sells for about $318,200, or $142 per square foot.
Prices are up +4.2% 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 $1,205 a month.
ZIP 83237 — Franklin
The housing market in 83237 remains stable with low inventory and modest price appreciation. Demand is driven by local families and those seeking rural living within commuting distance of Northern Utah, though limited supply keeps sales volume low.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with proximity to the larger economic opportunities in Northern Utah.
Median prices moved up 4.2% year over year.
Homes spend a median of 68 days on market with 4.5 months of supply — a balanced-paced market.
15% 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 3.5% · poverty 8.0% — 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 7.6%/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 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 83237, Franklin County ID
The area is served by the Franklin County School District, which provides rural public education options for the community.
The region faces standard wildfire risks common to rural Idaho, with insurance premiums reflecting regional climate exposure.
Economic momentum is driven by agricultural production and proximity to the Logan, Utah employment hub.
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 primarily commute by personal vehicle toward Logan, Utah, for employment and major services.
The area offers access to rural outdoor activities, including hiking and fishing, with limited local shopping and dining options.
The rental market is characterized by low inventory and stable demand, primarily serving local workers and families.
The local economy is anchored by agriculture and small-scale retail, with significant reliance on the nearby Logan, Utah labor market.
Transportation is entirely dependent on private vehicle use via US-91, which serves as the primary corridor to Utah.
Development is primarily focused on low-density residential expansion and agricultural land preservation.
Franklin County Assessor maintains property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are subject to Franklin County taxing jurisdictions and the Franklin County School District.
Property insurance markets are stable but sensitive to regional wildfire risk assessments.
Idaho is a non-judicial foreclosure state, allowing for efficient processing of defaults under the deed of trust.
Sellers are required to provide a property condition disclosure statement covering known material defects.
Data retrieved from Census Bureau 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.
Local community green space for recreation.
Provides regional fishing and outdoor access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.