Mountain Home, ID home prices
Typical home $356,811 · +1.8% in a year · income needed $96,800
The Mountain Home, ID metro area ranks 211 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +1.8% in a year and +13.8% over five years. With 20% down at 7.11%, the typical home costs about $2,258 a month including 0.54% property tax (Elmore County rate).
Mortgage on the typical Mountain Home home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $71,362 | $285,448 | $1,920 | $0 | $338 | $2,258 | $96,800 |
| 10% down | $35,681 | $321,129 | $2,160 | $134 | $338 | $2,632 | $112,800 |
| 5% down | $17,841 | $338,970 | $2,280 | $141 | $338 | $2,760 | $118,300 |
| 3.5% down (FHA) | $12,488 | $350,348 | $2,357 | $158 | $338 | $2,853 | $122,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.54% 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.
Counties in the Mountain Home area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Elmore County, ID | $356,835 | +1.8% | 0.54% |
What can you afford in Idaho on your salary? · Idaho home prices · Salaries in Idaho
Frequently asked questions
How much is a house in Mountain Home?
The typical home in the Mountain Home, ID metro area is worth $356,811 (Zillow, September 2026).
What salary do you need to buy a house in Mountain Home?
About $96,800 a year for the typical home with 20% down at 7.11%.