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Featured local agent — Lava Hot Springs, ID
Sarah Mitchell
Compass Real Estate · Lava Hot Springs, ID
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lava Hot Springs, ID Housing Market
The typical home in Lava Hot Springs, ID is worth $457,187, fell 1.5% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $375,000, -8.5% year over year (through May 2026). With 0.3 months of supply and homes going under contract in about 41 days, Lava Hot Springs is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $457,187 home is about $2,350/mo in principal and interest.
Key numbers for Lava Hot Springs, ID
Typical home value
$457,187
-1.5% in 12 months
Zillow, July 2026
Median sale price
$375,000
-8.5% year over year
Redfin, through May 2026
Days on market
41
Average pace
Redfin, through May 2026
Active listings
1
0.3 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$36,364
Home costs 12.6x income
U.S. Census ACS, 2023
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Lava Hot Springs a buyer's or seller's market?
Lava Hot Springs, ID is a seller's market, based on 0.3 months of supply and homes selling in about 41 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Lava Hot Springs housing market data show?
Every row below is Redfin's final published month for Lava Hot Springs, ID. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $375,000 |
| Year-over-year price change | -8.5% |
| Median price per sq ft | $264/sq ft |
| Median days on market | 41 days |
| Active inventory | 1 listings |
| Months of supply | 0.3 months |
| Homes sold (that month) | 3 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Lava Hot Springs is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Lava Hot Springs is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Lava Hot Springs home prices moved?
Across the 28 months we hold for Lava Hot Springs, ID, the median sale price rose 25.0%, from $299,900 in May 2021 to $375,000. The live Zillow value series has fell 1.5% in the last 12 months, which is the more current read now that Redfin's series has stopped.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Lava Hot Springs?
Priced off the typical home value of $457,187 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $91,437 | $365,750 | $2,350/mo |
| 5% | $22,859 | $434,328 | $2,791/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,350, that implies roughly $100,732 a year before you add taxes and insurance. The median household in Lava Hot Springs earns $36,364, about $64,368 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 12.6x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Lava Hot Springs in the next 12 months?
Tell us your timeline. We send the Lava Hot Springs market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Lava Hot Springs?
Zillow does not publish a rent index (ZORI) for Lava Hot Springs, ID, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Lava Hot Springs?
Active listings in Lava Hot Springs, ID went from 8 in March 2024 to 1 in May 2026, a -87.5% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| April 2024 | 6 | 2 |
| May 2024 | 4 | 1 |
| June 2024 | 7 | 3 |
| July 2024 | 5 | not published |
| August 2024 | 5 | 1 |
| October 2024 | 3 | not published |
| November 2024 | 2 | not published |
| February 2025 | 1 | 1 |
| May 2025 | 3 | 1 |
| August 2025 | 7 | 2 |
| October 2025 | 5 | not published |
| May 2026 | 1 | not published |
Redfin, through May 2026
How does Lava Hot Springs compare to Idaho and the U.S.?
Lava Hot Springs homes sell for $375,000 — 26% below the Idaho median of $503,400. Against the national median of $410,700, Lava Hot Springs runs 9% lower. Year-over-year, Lava Hot Springs moved -8.5% against Idaho's +1.3% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Lava Hot Springs, ID | $375,000 | -8.5% | 41 days |
| Idaho statewide | $503,400 | +1.3% | 35 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Lava Hot Springs
What buyers should watch
- Months of supply, currently 0.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $441 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $457,187 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Lava Hot Springs listing goes under contract in 41 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Your equity moved -1.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Lava Hot Springs varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Lava Hot Springs
There are currently 1 homes listed for sale in Lava Hot Springs, Idaho.
Active listings
1
Homes on market
Avg. days on market
41
Days until sale
How much do homes cost in Lava Hot Springs by property type?
How the Lava Hot Springs, ID market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $375,000 | $264/sq ft | 3 | 41 days |
| Townhouse | $600,589 | $196/sq ft | 1 | 298 days |
Who lives in Lava Hot Springs?
American Community Survey estimates for Lava Hot Springs. U.S. Census ACS, 2023
Population
251
Households
132
Median income
$36,364/yr
Median age
51.5 years
Owner-occupied
58.3%
Median home value
$241,100
Median gross rent
$843/mo
Mean commute
29.7 min
58.3% of occupied homes in Lava Hot Springs are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $241,100 against Zillow's $457,187 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Lava Hot Springs?
1 schools tracked · 58 students
The largest public schools serving Lava Hot Springs, ID by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
LAVA ELEMENTARY SCHOOL
Grades PK-6 · 58 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lava Hot Springs, ID?
Ordered by distance from Lava Hot Springs, not by size. Compare Lava Hot Springs side by side with any of them.
Lava Hot Springs housing market FAQ
Is Lava Hot Springs a buyer's or seller's market?
Lava Hot Springs, ID is currently a seller's market. That read comes from 0.3 months of supply, homes going under contract in about 41 days in the last month Redfin published (May 2026).
How much do homes cost in Lava Hot Springs?
The typical home in Lava Hot Springs, ID is worth $457,187 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $375,000, about $264 per square foot.
Is Lava Hot Springs cheaper than the rest of Idaho?
Lava Hot Springs's median sale price of $375,000 is 26% lower than the Idaho statewide median of $503,400, and 9% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Lava Hot Springs?
Homes in Lava Hot Springs, ID spent a median of 41 days on market before going under contract, versus 35 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Lava Hot Springs?
At the current 30-year fixed rate of 6.66%, 20% down on a $457,187 home is about $2,350 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $100,732 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $36,364.
Are home prices rising in Lava Hot Springs?
The typical home value in Lava Hot Springs, ID fell 1.5% over the last 12 months, from $464,237 to $457,187 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Lava Hot Springs?
Lava Hot Springs ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Lava Hot Springs?
That depends on your timeline, not on a headline. What the data says today: Lava Hot Springs, ID is a seller's market with 0.3 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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