The story of this market
The typical home in ZIP 83422 sells for about $563,812, or $486 per square foot.
Prices are down 40.2% from a year ago, which gives buyers more room to negotiate. Homes take about 63 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $7,512 a month.
ZIP 83422 — Driggs
The Driggs housing market is currently experiencing significant volatility, with a sharp year-over-year decline in median sale prices and a high vacancy rate of 34.9%. While listing prices remain elevated, actual sales data suggests a softer market environment. Buyers are advised to conduct thorough due diligence given the discrepancy between listing and sold price metrics.
This area is suited for those seeking a mountain-town lifestyle, though buyers should exercise caution due to high vacancy rates and market volatility.
Median prices moved down 40.2% year over year.
Homes spend a median of 63 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 83422, Teton County ID
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).
The rental market shows high demand with a median asking rent of $7,512 per month.
Data sourced from ZCTA-level reports via Repit and Zip-Codes.com.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.