83401, Idaho Falls, ID

The Idaho Falls zip code 83401 has a median home value of $131,000 and a median home equity of $111,000. This is higher than the statewide median home value of $117,500 and the national median home equity of $106,800. The Idaho Falls zip code also has a lower than average rate of homeownership at 66%. This is lower than the statewide homeownership rate of 71% and the national homeownership rate of 69%.

There are several factors that may contribute to the high home values in the Idaho Falls zip code. First, there is a high demand for housing in this area due to its proximity to major cities such as Boise and Twin Falls. Second, many homes in this area were built in recent years which may have increased their value. Finally, there are relatively few homes for sale in this zip code which may also contribute to its high home values.