Buying a home in Idaho

Property taxes, transfer taxes, home values and first-time buyer help in Idaho.

Effective property tax rate
0.49%
Median tax $2,038 ÷ median value $418,600 (ACS 2020–2024)
Typical home value
$478,744
Zillow ZHVI, 2026-08
State transfer tax
0%
Usually paid by: negotiable. No transfer-tax statute; Idaho Code § 31-3205 (recording fee). Official source. Local taxes may add more.
Estimated buyer closing costs Estimate
$3,300–$5,100
On a $478,744 home: typical lender fees + title insurance + deed recording (TallyClose) + the buyer’s share of transfer/recording taxes. Excludes prepaids, escrow and local taxes.

At Idaho's effective rate of 0.49%, a typical $478,744 home would owe about $2,346/year ($195/month) in property taxes. Actual bills depend on your county, city and exemptions. Run your numbers.

First-time homebuyer programs

Idaho Housing and Finance Association

Your state housing finance agency offers down payment assistance and low-rate mortgages for eligible buyers. Visit Idaho Housing and Finance Association →

Sources: U.S. Census Bureau ACS 2020–2024 5-year (B25103, B25077); Zillow Home Value Index; TallyClose closing-cost dataset (CC BY 4.0), which cites each state statute; NCSHA HFA directory. Last updated 2026-10-15.