The story of this market
The typical home in ZIP 83281 sells for about $345,000, or $185 per square foot.
Prices are up +3.2% 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 83281 — Swan Lake
The housing market in 83281 remains stable with low inventory and modest price appreciation. Market activity is driven by local demand and limited supply, with no significant new development pipeline to alter current conditions.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle who are comfortable with longer commutes to larger employment centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 42 days on market with 4.5 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 3.8% · poverty 9.5% — 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 8.5%/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 8.5%/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 83281, Bingham County ID
Crime rates in this rural area are generally low and stable, consistent with regional trends for similar small-town Idaho communities.
Schools serving this area are part of the local district, which maintains a small-town educational environment with limited extracurricular offerings compared to larger urban centers.
The area faces moderate wildfire risk typical of the region; property insurance availability remains stable but premiums are sensitive to local fire-mitigation efforts.
Economic momentum is driven primarily by agriculture and local services, with limited new commercial development or major infrastructure projects currently underway.
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 by private vehicle, with residents traveling to nearby regional employment hubs for work.
The area offers access to outdoor activities including fishing, hiking, and hunting, with limited indoor shopping or entertainment venues within a 3-mile radius.
The rental market is characterized by low inventory and limited turnover, with most units being single-family homes.
The local economy is heavily reliant on the agricultural sector and small-scale local services.
Transportation is entirely dependent on personal vehicles, with no public transit infrastructure available.
There are no major commercial or residential developments currently approved or under construction in this ZIP.
The Bingham County Assessor manages property valuations based on annual market analysis.
Parcels are served by standard county-level school and emergency service districts.
Property insurance remains available, though premiums are influenced by regional wildfire risk assessments.
Idaho has experienced consistent net domestic in-migration, though this specific rural ZIP sees slower population growth.
Idaho is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults.
Sellers are required to provide a property condition disclosure statement covering known material defects.
Data retrieved from data.census.gov ZCTA 83281 profile.
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.
Small public space serving the local residential population.
Provides regional access for fishing and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.