Idaho Falls and Pocatello Home Prices Fall 2026: What Buyers Should Know in Southeastern Idaho

If you’re shopping for a home in Idaho Falls, Ammon, Pocatello, Chubbuck, Rexburg, or Blackfoot this fall, you have more room to negotiate than buyers did a few years ago. Idaho Falls home prices are basically flat from a year ago, Pocatello is up only slightly, and most of the region’s cities are rated buyer’s markets. Mortgage rates are higher than last fall, though. Here’s the latest data, a sample payment at today’s medians, and a state program that can cut the cash you need to buy.

Idaho Falls and Pocatello home prices right now

Here are a few views of the region’s two largest cities:

• Idaho Falls median sale price: Redfin reports a median sale price of $359,829 for the three months ending September 2026, up just 0.1% from the same period last year. The Zillow Home Value Index puts the typical Idaho Falls home value at $394,199, up 1.6% over the past year (updated September 30, 2026).
• Idaho Falls listing vs. sold prices: Realtor.com’s October 2026 Idaho Falls snapshot shows a median listing price of $427,500 (down 2.71% year over year) and a median sold price of $366,218 (down 4.18%).
• Pocatello median sale price: Redfin shows a median sale price of $339,738 for the three months ending September 2026, up 1.4% year over year. The Zillow Home Value Index puts the typical Pocatello home at $339,631, also up 1.6% (updated September 30, 2026).
• Pocatello listing vs. sold prices: Realtor.com shows a median listing price of $389,500 (down 2.44%) and a median sold price of $349,794 (up 2.11%) as of October 2026.

At the county level the picture splits. In Bonneville County, Redfin shows a median sale price of $414,073 for the three months ending September 2026, up 4.4% year over year. In Bannock County, the median was $349,119, down 8.1%, with homes taking a median of 57 days to sell compared with 46 a year earlier.

Ammon, Chubbuck, Rexburg, and Blackfoot

All four figures below come from Realtor.com’s October 2026 market pages:

• Ammon: Realtor.com shows a median listing price of $415,000 (down 5.79%) and a median sold price of $440,657 (down 1.73%), with 181 active listings. Homes sold in a median of 35 days at about full asking price.
• Chubbuck: Realtor.com shows a median listing price of $387,475 (down 3.41%) and a median sold price of $415,757 (up 6.11%). There are 109 listings, with a median of 71 days on market.
• Rexburg: Realtor.com shows a median listing price of $520,900 (up 4.77%) but a median sold price of $430,500 (down 2.52%). Listings are up 17.28% to 302, and the median home sits for 85 days.
• Blackfoot: Realtor.com shows the biggest price drop in the region: a median listing price of $349,200 (down 11.37%) and a median sold price of $317,723 (down 21.35%). Active listings are down 29.77% to 159.

Rexburg’s gap between asking and sold prices suggests some sellers are still pricing high. Small-city medians can swing month to month, so check recent comparable sales before you offer.

How fast homes are selling (and how much room to negotiate)

• Days on market: Redfin says Idaho Falls homes sold after a median of 38 days (up from 34 a year earlier), and 236 homes sold in September, down from 254. In Pocatello, the median was 36 days (up from 31), while sales rose to 203 from 190.
• Sale-to-list price: Redfin puts the August 2026 sale-to-list ratio at 99.3% in Idaho Falls and 99.0% in Pocatello. Only 0.4% of Idaho Falls homes sold above list price. Realtor.com says homes sold for about 2.09% below asking in Idaho Falls and 2.22% below asking in Pocatello on average in October 2026.
• Inventory: Realtor.com counts 724 active listings in Idaho Falls (up 7.04% from a year ago) and 502 in Pocatello (down 5.86%). Realtor.com calls both cities, plus Ammon, Chubbuck, Rexburg, and Blackfoot, a buyer’s market for October 2026.

Well-priced homes in good shape still draw interest. But with almost nothing selling over asking, it’s reasonable to ask for a lower price, seller-paid closing costs, or a rate buydown, especially on a listing that’s been sitting.

Mortgage rates and what a payment looks like

According to Freddie Mac’s Primary Mortgage Market Survey, the average 30-year fixed rate was 7.40% as of October 15, 2026, unchanged from the prior week. A year ago it averaged 6.27%. The 15-year fixed averaged 6.71%.

Here’s a simple example using those published figures (our own math, principal and interest only, 30-year fixed, 20% down):

• Idaho Falls: At Redfin’s $359,829 median, 20% down is about $71,966 and the loan is about $287,863. At 7.40%, principal and interest come to about $1,993 per month. At last year’s 6.27% average, it would be about $1,776, roughly $217 less.
• Pocatello: At Redfin’s $339,738 median, 20% down is about $67,948 and the loan is about $271,790. At 7.40%, that’s about $1,882 per month, versus about $1,677 at 6.27%, roughly $205 less.

Your real payment will also include property taxes, homeowner’s insurance, mortgage insurance if you put less than 20% down, and any HOA dues. Your rate depends on your credit, loan type, and down payment. (If you’re buying a home to live in, don’t forget to apply for Idaho’s homeowner’s exemption, which can lower your property tax bill.)

Buyer tip: Idaho Housing’s down payment assistance

Idaho Housing and Finance Association (IHFA) says the minimum down payment on most FHA and conventional loans is 3% to 3.5% of the price. At the Idaho Falls median of $359,829, 3% is still about $10,795 (our math), before closing costs. IHFA’s down payment assistance can help close that gap:

• Up to 8% of the price. IHFA’s program sheet says the assistance is a second mortgage of up to 8% of the lesser of the sales price or appraised value, usable for down payment and/or closing costs.
• It’s a loan, not a grant. The second mortgage carries a fixed rate 2% above your first mortgage rate and is repaid over 15 years, so your monthly payment goes up somewhat.
• As little as $500 of your own money. IHFA’s own example: on a $400,000 home with an IHFA conventional loan, the minimum down payment would be $12,000, but with assistance the buyer could put in as little as $500 of their own funds.
• Who qualifies: You don’t have to be a first-time buyer. IHFA requires household income at or below $170,000 (some loans have lower limits), completion of its Finally Home! homebuyer education course, and an IHFA-approved lender.
• Idaho Heroes: IHFA’s program summary describes a version for nurses, teachers, first responders, active military, and veterans that waives the $500 contribution.

Ask your lender to compare the full monthly cost with and without assistance, and finish the education course early so it doesn’t hold up your offer.

Frequently asked questions

Are Idaho Falls home prices going down?

Not really. Redfin’s median sale price is up 0.1% year over year, and Zillow’s typical home value is up 1.6% (both through September 2026). Realtor.com’s median sold price is down 4.18%, so the market is flat to slightly softer rather than falling.

Is Pocatello a buyer’s market?

Realtor.com calls Pocatello a buyer’s market for October 2026, with homes selling about 2.22% below asking. Redfin rates it “somewhat competitive,” so the best-priced homes can still move quickly.

When are property taxes due in Idaho?

Under Idaho Code 63-903, property taxes are due by December 20. You can pay in two halves: the first by December 20 and the second by June 20. Late charges and interest apply if either half is late.

Do I have to be a first-time buyer to get Idaho Housing’s down payment help?

No. IHFA says its assistance is open to all eligible Idaho homebuyers who meet the income limit and complete the education course.

Buying or selling in Southeastern Idaho?

Axiom Properties helps buyers, sellers, and investors across Southeastern Idaho, St. George, and Tucson. If you’d like a local read on a neighborhood, help deciding on a fair offer, or an estimate of your full monthly cost, reach out to our team.

This article is general information, not financial, tax, or legal advice. Market data changes monthly, and loan program terms can change, so confirm details with your lender, Idaho Housing and Finance Association, or a tax professional.