Jerome County, Idaho home prices
Typical home $400,477 · +3.2% in a year · property tax 0.63%
The typical home in Jerome County is worth $400,477, 16% less than the Idaho typical home ($476,754). Values changed +3.2% in the past year and +20.7% over five years. Homeowners here pay a median 0.63% of their home's value in property tax each year ($2,542 on the typical home), versus 0.42% statewide.
Mortgage on the typical Jerome County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $80,095 | $320,382 | $2,155 | $0 | $412 | $2,567 | $110,000 |
| 10% down | $40,048 | $360,430 | $2,425 | $150 | $412 | $2,987 | $128,000 |
| 5% down | $20,024 | $380,454 | $2,559 | $159 | $412 | $3,130 | $134,100 |
| 3.5% down (FHA) | $14,017 | $393,224 | $2,645 | $177 | $412 | $3,234 | $138,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.63% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Idaho · part of the Twin Falls metro area.
Idaho counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Bonneville County | $400,373 | +1.6% | 0.5% |
| Bear Lake County | $402,207 | +2.8% | 0.41% |
| Custer County | $394,611 | +10.9% | 0.29% |
| Nez Perce County | $390,046 | +2.5% | 0.78% |
| Payette County | $412,388 | +3.8% | 0.4% |
| Lemhi County | $387,464 | +6.9% | 0.35% |
| Washington County | $386,307 | +2.3% | 0.49% |
| Bingham County | $384,891 | +3.6% | 0.5% |
| Canyon County | $416,843 | +1.7% | 0.52% |
| Twin Falls County | $380,622 | +3.3% | 0.61% |
Frequently asked questions
What is the average home price in Jerome County, ID?
The typical home value in Jerome County is $400,477 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Jerome County?
About $110,000 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Jerome County?
The median effective rate is 0.63% of home value a year (Census ACS 2024 5-year estimates).