Home Values in Twin Falls, Idaho — 2026 Market Report
Updated March 2026 | Balanced Market | +8.8% YoY
The median home value in Twin Falls, Idaho is $305,000 as of March 2026, which is below the national median of $400,000. Home values in Twin Falls have increased by 8.8% over the past year and 52.5% over the last five years. With a population of 51,807 and a median household income of $48,250, the price-to-income ratio stands at 6.3x, making Twin Falls affordable for the average household.
Twin Falls Housing Market Conditions
| Metric | Twin Falls | National Avg |
|---|---|---|
| Median Home Value | $305,000 | $400,000 |
| YoY Appreciation | +8.8% | +3.8% |
| 5-Year Appreciation | +52.5% | +22.4% |
| Price per Sq Ft | $110 | $222 |
| Days on Market | 34 days | 45 days |
| Months of Supply | 3.6 | 3.5 |
| List-to-Sale Ratio | 101% | 98.5% |
| Monthly Homes Sold | 38 | — |
| Foreclosure Rate | 0.47% | 0.3% |
Home Value Trends in Twin Falls
A homeowner who purchased at the median price of $200,000 five years ago in Twin Falls would have gained approximately $105,000 in equity, representing a 52.5% return on investment. Over the past year alone, the typical homeowner gained $24,669 in home equity.
Affordability in Twin Falls, ID
With a median household income of $48,250 and a median home price of $305,000, the price-to-income ratio in Twin Falls is 6.3x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $2,226 compared to estimated monthly ownership costs of $1,624 gives a rent-vs-buy ratio of 0.73. In Twin Falls, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Twin Falls
The effective property tax rate in Idaho is 0.69%. On a home valued at $305,000, the estimated annual property tax bill is $2,104, or approximately $175/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Twin Falls is 88.5 (100 = national average), indicating living costs are below the national average.
Calculate Your Mortgage Payment in Twin Falls
Use our free calculator to estimate monthly payments for a $305,000 home
Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Twin Falls, ID?
The median home value in Twin Falls, Idaho is $305,000 as of March 2026. Home values have changed +8.8% over the past year, with a 5-year appreciation of 52.5%.
Is Twin Falls a buyer's or seller's market?
Twin Falls is currently a balanced market with 3.6 months of housing supply. Homes spend an average of 34 days on market, and the list-to-sale price ratio is 101%. Supply and demand are relatively balanced.
Are home values going up in Twin Falls?
Yes, home values in Twin Falls have increased by 8.8% over the past year. The 5-year appreciation rate is 52.5%, meaning a home worth $200,000 five years ago is now worth $305,000.
Is it better to rent or buy in Twin Falls?
The average monthly rent in Twin Falls is $2,226, while estimated monthly homeownership costs are approximately $1,624. The price-to-rent ratio is 11.4. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other Idaho Cities
Related Resources
Disclaimer: Home value data for Twin Falls, 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.