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Sarah Mitchell

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Compass Real Estate · ZIP 83616

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

ZIP 83616(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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83616 ZIP Code Housing Market

Leaning buyer's-6.3% YoY

$789,000median sale price

What is the 83616 housing market like right now?

The median home sale price in ZIP code 83616 is $789,000, down 6.3% year-over-year. Homes sell in an average of 58 days with 282 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is the 83616 ZIP code a buyer's or seller's market?

Leaning buyer's58 avg. days on market

ZIP code 83616 is currently a leaning buyer's and homes selling in about 58 days. How we determine this →

What are the latest 83616 housing market stats?

Current housing market statistics for ZIP code 83616
MetricValue
Median sale price$789,000
Median list price$899,000
Year-over-year price change-6.3%
Average days on market58 days
Active inventory282 listings
Sale-to-list price ratio98.9%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

The 83616 zip code, located in Eagle, ID, is currently classified as a leaning buyer's. The median sale price stands at $789,000, representing a -6.3% change year over year. Homes in this area spend an average of 58 days on the market before going under contract. There are currently 282 active listings in the area, which influences how much negotiating power buyers and sellers have.

ZIP 83616 sits in the Eagle, ID area, roughly 6.2 miles from downtown Eagle. Because home prices are set street by street, this ZIP can move differently from Eagle's citywide averages. The figures below reflect 83616 specifically — drawn from Redfin transactions, U.S. Census data for its 35,413 residents, and Zillow value estimates.

Homes sold

269

Last 12 weeks

Days on market

58

Average pace

Active listings

282

Sale-to-list

98.9%

Below asking

What is driving the 83616 housing market?

The 83616 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 98.9% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 83616 have declined -6.3% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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 83616 stands at $814,221, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,101 per month. This gives a price-to-rent ratio of approximately 32.3, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.

Who lives in 83616?

Population

35,413

Median income

$125,203/yr

Median age

46.5 years

Owner-occupied

84.5%

College grads

56.4%

Avg commute

18.9 min

What is it like living in 83616?

Zip code 83616 is home to approximately 35,413 residents. The median household income is $125,203 per year, which shapes the types of homes and amenities available in the area. With a median age of 46.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 84.5% 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 56.4% 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 18.9 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 83616.

Which public schools serve ZIP 83616?

9 schools tracked · 6,597 students

The largest public schools serving ZIP code 83616 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.

EAGLE HIGH SCHOOL

Grades 9-12 · 1,803 students

Public

NORTH STAR CHARTER SCHOOL

Grades K-12 · 1,018 students

Charter

EAGLE MIDDLE SCHOOL

Grades 6-8 · 843 students

Public

GALILEO STEM ACADEMY

Grades PK-8 · 771 students

Public

NEW HORIZON MAGNET SCHOOL

Grades PK-8 · 655 students

Public

SEVEN OAKS ELEMENTARY

Grades PK-5 · 572 students

Public

EAGLE HILLS ELEMENTARY SCHOOL

Grades PK-5 · 401 students

Public

EAGLE ELEMENTARY SCHOOL

Grades PK-5 · 344 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Frequently asked questions about 83616

What is the median home price in 83616?

The current median sale price in 83616 is $789,000, based on recent Redfin transaction data. Prices have changed -6.3% 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 83616 a buyer's or seller's market?

The 83616 zip code is currently classified as a leaning buyer's. 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 of zip code 83616?

Zip code 83616 has a population of approximately 35,413 residents. The median household income is $125,203 per year. About 84.5% 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 83616?

Properties Incorporated provides comprehensive data for 83616 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 83616 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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