Home Values in Pocatello, Idaho — 2026 Market Report
Updated March 2026 | Seller's Market | +7.7% YoY
The median home value in Pocatello, Idaho is $275,000 as of March 2026, which is below the national median of $400,000. Home values in Pocatello have increased by 7.7% over the past year and 44.9% over the last five years. With a population of 56,264 and a median household income of $45,250, the price-to-income ratio stands at 6.1x, making Pocatello affordable for the average household.
Pocatello Housing Market Conditions
| Metric | Pocatello | National Avg |
|---|---|---|
| Median Home Value | $275,000 | $400,000 |
| YoY Appreciation | +7.7% | +3.8% |
| 5-Year Appreciation | +44.9% | +22.4% |
| Price per Sq Ft | $95 | $222 |
| Days on Market | 34 days | 45 days |
| Months of Supply | 1.6 | 3.5 |
| List-to-Sale Ratio | 97.4% | 98.5% |
| Monthly Homes Sold | 42 | — |
| Foreclosure Rate | 0.13% | 0.3% |
Home Value Trends in Pocatello
A homeowner who purchased at the median price of $189,786 five years ago in Pocatello would have gained approximately $85,214 in equity, representing a 44.9% return on investment. Over the past year alone, the typical homeowner gained $19,661 in home equity.
Affordability in Pocatello, ID
With a median household income of $45,250 and a median home price of $275,000, the price-to-income ratio in Pocatello is 6.1x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $1,828 compared to estimated monthly ownership costs of $1,465 gives a rent-vs-buy ratio of 0.80. In Pocatello, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Pocatello
The effective property tax rate in Idaho is 0.69%. On a home valued at $275,000, the estimated annual property tax bill is $1,897, or approximately $158/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Pocatello is 87.5 (100 = national average), indicating living costs are below the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Pocatello, ID?
The median home value in Pocatello, Idaho is $275,000 as of March 2026. Home values have changed +7.7% over the past year, with a 5-year appreciation of 44.9%.
Is Pocatello a buyer's or seller's market?
Pocatello is currently a seller's market with 1.6 months of housing supply. Homes spend an average of 34 days on market, and the list-to-sale price ratio is 97.4%. Low inventory gives sellers an advantage.
Are home values going up in Pocatello?
Yes, home values in Pocatello have increased by 7.7% over the past year. The 5-year appreciation rate is 44.9%, meaning a home worth $189,786 five years ago is now worth $275,000.
Is it better to rent or buy in Pocatello?
The average monthly rent in Pocatello is $1,828, while estimated monthly homeownership costs are approximately $1,465. The price-to-rent ratio is 12.5. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for Pocatello, Idaho is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.