Lemhi County, ID housing market

What this means

• Valuation. Prices are 78% above what local incomes have historically supported (this area's pre-2020 price-to-income ratio).
• Prices. Home values are up 7.5% over the past year (U.S.: +1.2%).
• Supply. Listings are 14% below the 2017-19 norm and falling (−10% vs. a year ago), still somewhat tight.
• Negotiating. Buyer leverage is high (73/100; U.S.: 54): homes sell for about 30.0% below their final list price (as of Jul 2026); 13% of listings had a price cut (U.S.: 26%).
• Affordability. A mortgage on the typical home takes 51% of the median household income (U.S.: 35%); it takes about $90k a year to keep the payment at 30% of gross pay. That includes about $1,387 a year for home insurance (U.S.: $1,790).
• Disaster risk. FEMA expects about $377 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding. Flood isn't covered by standard homeowners insurance.
• Outlook. Leaning up: likely −4% to +12% over the next 12 months (79% chance of a rise).

Next 12 months

Leaning up

Prices are more likely to rise than fall over the next year. Likely change: −4.1% to +12.3% (80% range; middle estimate +5.4%), chance of a rise 79%, of a 5%+ drop 8%.

HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.

ZIP codes in Lemhi County, ID