Market Overview
Home Prices in Carey, ID
The median home value in Carey, ID is $510,112 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carey are priced24% above average. Carey is part of the Hailey, ID metro area.
Over the past five years, Carey home values have risen by approximately29.1%, reflecting strong long-term appreciation in this market.
Price History
Carey Home Price Trend
2020
$292,575
$293K
—
2021
$395,049
$395K
+35.0%
2022
$488,790
$489K
+23.7%
2023
$475,550
$476K
-2.7%
2024
$487,933
$488K
+2.6%
2025
$492,440
$492K
+0.9%
2026
$510,112
$510K
+3.6%
City Comparison
Carey vs. National Median
🏠 Carey
$510,112
National Median
$410,000
At $510,112, homes in Carey cost 24% above the national median of $410,000. Buyers in Carey should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Carey?
20% Down Payment
$102,022
on $510,112
Monthly P&I
$2,660/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,378/mo
incl. taxes & insurance
Income Needed
$135,120
gross annual (30% rule)
10% Down Option
$51,011
+ PMI applies
Loan Amount (20% dn)
$408,090
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Carey, ID?
The median home value in Carey is $510,112 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Carey?
Over the past year, home values in Carey have increased by 3.6%. Over five years, prices have risen approximately 29.1%.
How much do I need to earn to buy a home in Carey?
To comfortably afford the median home price of $510,112 with a 20% down payment ($102,022) at today's rates (6.8%), you'd need a gross annual income of approximately $135,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Carey compare to the national average home price?
The national median home value is approximately $410,000. At $510,112, homes in Carey are 24% above the national average.
What metro area is Carey part of?
Carey is part of the Hailey, ID metropolitan area. Home prices and market conditions can vary across the broader metro region.