The story of this market
The typical home in ZIP 83251 sells for about $327,200, or $165 per square foot.
Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $754 a month.
ZIP 83251 — Mackay
The housing market in 83251 is characterized by low transaction volume and a high vacancy rate, typical of a remote rural area. Prices have remained relatively stable, and the market is driven by local demand rather than speculative investment. Note that specific metrics like active inventory and price cuts are limited due to the small size of the market.
This ZIP is best suited for retirees, outdoor enthusiasts, and those seeking a remote, rural lifestyle, as it lacks the infrastructure and employment density for typical commuters or urban-focused buyers.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 30 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 10.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 83251, Custer County ID
Schools serving the area are primarily rural district schools with limited comparative data available.
The area is subject to standard rural Idaho wildfire risks and seasonal weather impacts; insurance availability is typical for remote mountainous regions.
Economic momentum is driven by local agriculture, outdoor recreation, and small-scale tourism with limited large-scale industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Idaho) — Homestead Property Tax Exemption: Exempts the lesser of $125,000 or 50% of the market value for assessment purposes from property taxation. Formula: Exemption = min($125,000, 0.50 * Market Value).
Commuting is primarily local within the Mackay area; travel to larger employment hubs like Idaho Falls requires significant drive time.
The area offers extensive access to the Lost River Range, hiking, fishing, and outdoor activities, with limited commercial shopping within the immediate vicinity.
The rental market is characterized by low inventory and high vacancy rates due to the prevalence of seasonal or secondary homes.
The local economy is anchored by agriculture, ranching, and tourism related to the surrounding national forests and mountain ranges.
There are no major large-scale commercial or residential developments currently reported for this rural ZIP code.
Custer County Assessor manages property valuations based on annual market analysis and state-mandated assessment cycles.
Parcels are served by local school districts and rural fire protection districts.
Property insurance premiums are influenced by wildfire risk factors common to the high-desert and mountainous terrain of central Idaho.
Data retrieved from Census Bureau ZCTA profiles and local income statistics.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Prominent mountain range offering extensive hiking and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.