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Basalt, ID

Full City Profile · Idaho · Bingham County County

3.0 /5.0
B Good
511 Population 1,762/sq mi density
$75,375 Median Income $29,434 per capita
$300,000 Home Value $421,576 Zillow
$1,025 Median Rent 29.2% income on rent
47°F Avg Temperature 302 sunny days/yr
23 Violent Crime/100K 1,185 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$75,375 median income, 0.3% unemployment
A
Affordability
4.4 / 5.0
$300,000 home value, $1,025/mo rent
F
Safety
1.0 / 5.0
23 violent crimes/100K
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher

Housing Overview

Median Home Value
$300,000
6% above
US avg: $281,900
Median Rent
$1,025/mo
12% below
US avg: $1,163/mo
Homeownership Rate
89.1%
36% above US avg (65.4%)
Total Housing Units
151
Median year built: 1973

Home Value by Source

Census Median
$300,000
Zillow (ZHVI)
$421,576
Median Sale Price
$720,079
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.1%
Owner-Occupied
10.9%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$898/mo
1 Bedroom
$950/mo
2 Bedroom
$1,173/mo
3 Bedroom
$1,619/mo
4 Bedroom
$1,949/mo
Census median rent: $1,025/mo

Market Indicators (Redfin)

Median Days on Market
262 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$196
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
89.1%

Complete Housing Data

Home Values

Census Median Value$300,000
Zillow Home Value (ZHVI)$421,576
Median Sale Price$720,079
Price Per Sq Ft$196

Rent

Census Median Rent$1,025
FMR Studio$898
FMR 1-Bedroom$950
FMR 2-Bedroom$1,173
FMR 3-Bedroom$1,619
FMR 4-Bedroom$1,949

Market

Days on Market262
Sale-to-List Ratio0.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$196

Ownership & Stock

Owner-Occupied89.1%
Renter-Occupied10.9%
Homeownership Rate89.1%
Total Housing Units151
Median Year Built1973
Rent Burden29.2%