83540
$300,000median sale price
The 83540 zip code, located in Wilder, ID, is currently classified as a balanced market. The median sale price stands at $300,000, representing a +87.5% change year over year. Homes in this area spend an average of 115 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 83540 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
3
Last 12 weeks
Days on market
115
Average pace
Active listings
—
Sale-to-list
103.3%
Above asking
Market trends
Market analysis for 83540
The 83540 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 103.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 83540 have increased +87.5% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 83540 stands at $300,787, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
2,435
Median income
$61,181/yr
Median age
35.4 years
Owner-occupied
6640.0%
College grads
2190.0%
Avg commute
17.4 min
Living in 83540
Zip code 83540 is home to approximately 2,435 residents. The median household income is $61,181 per year, which shapes the types of homes and amenities available in the area. With a median age of 35.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 6640.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 2190.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 17.4 minutes, which is shorter than the national average and suggests good proximity to employment centers. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 83540.
Frequently asked questions about 83540
What is the median home price in 83540?
The current median sale price in 83540 is $300,000, based on recent Redfin transaction data. Prices have changed +87.5% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 83540 a buyer's or seller's market?
The 83540 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 83540?
Zip code 83540 has a population of approximately 2,435 residents. The median household income is $61,181 per year. About 6640.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 83540?
Properties Incorporated provides comprehensive data for 83540 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 83540 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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