The story of this market
The typical home in ZIP 83431 sells for about $381,000, or $205 per square foot.
Prices are up +4.6% 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 83431 — Lewisville
The 83431 housing market shows steady growth with a 4.6% year-over-year price increase, driven by limited inventory and demand for rural living. While sales volume is low, the market remains stable with homes selling near asking price. Data for specific metrics like active listings and price cuts are based on current market snapshots.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with proximity to Idaho Falls employment hubs.
Median prices moved up 4.6% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 6.8% — 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 9.7%/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 9.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 83431, Jefferson 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).
Residents primarily commute by personal vehicle to employment centers in Idaho Falls, typically requiring a 15-20 minute drive.
The area offers rural outdoor access with proximity to the Snake River for fishing and local community parks in Lewisville.
The rental market is limited with low inventory, primarily consisting of single-family homes; vacancy pressure remains low due to the small housing stock.
The local economy is primarily agricultural with residents commuting to Idaho Falls for professional, healthcare, and retail employment.
Parcels are subject to Jefferson County property taxes and local school district levies.
Standard rural property insurance applies; wildfire risk is generally low to moderate depending on specific parcel vegetation.
Data retrieved from ZCTA 83431 census 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.
- Yellowstone Bear World4.510.2 mi
- Rexburg Rapids4.217 mi
- Gravity Factory4.416 mi
- iJump Trampoline Park4.112.4 mi
- Blast Off3.911.7 mi
- Mountain America Center4.313.8 mi
- FatCats Rexburg4.317.3 mi
- Sandy Downs4.517.1 mi
- Center Stage Theatre4.911.1 mi
- Mountain River Ranch RV Park, Themed Western Cabins, Glamping Yurts4.717.8 mi
- Yellowstone Bear World4.510.2 mi
- East Idaho Aquarium4.311.8 mi
- Old Butte Soccer Complex4.412.5 mi
- Smitty's - Pancake & Steak House4.412.9 mi
- Japanese Friendship Garden4.713 mi
- Museum of Idaho4.613.1 mi
- Idaho Falls4.612.7 mi
- 17 Mile Cave Lava Tube4.217.8 mi
- The Art Museum of Eastern Idaho4.613.2 mi
- Kingdom of Pho4.816.5 mi
- Yellowstone Bear World4.510.2 mi
- Idaho Falls River Walk - Greenbelt Trail4.812.7 mi
- Old Butte Soccer Complex4.412.5 mi
- Japanese Friendship Garden4.713 mi
- Russell A Freeman Park4.711.5 mi
- Sage Lakes Golf Course4.68.9 mi
- Pinecrest Golf Course4.412.3 mi
- Jefferson Hills Golf Course4.48.3 mi
- Cedar Park Golf Course4.711.5 mi
- WinCo Foods4.512.8 mi
- Fred Meyer4.311.8 mi
- Albertsons4.412.8 mi
- Idaho Falls Farmer's Market4.712.9 mi
- Westfield Plaza4.312.7 mi
- Idaho Falls Regional Airport4.211.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community green space for recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.