Market Overview
Home Prices in Downey, ID
The median home value in Downey, ID is $338,561 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Downey are priced17% below average. Downey is part of the Pocatello, ID metro area.
Over the past five years, Downey home values have risen by approximately27.7%, reflecting strong long-term appreciation in this market.
Price History
Downey Home Price Trend
City Comparison
Downey vs. National Median
At $338,561, homes in Downey cost 17% below the national median of $410,000. This makes Downey a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Downey?
20% Down Payment
$67,712
on $338,561
Monthly P&I
$1,766/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,243/mo
incl. taxes & insurance
Income Needed
$89,720
gross annual (30% rule)
10% Down Option
$33,856
+ PMI applies
Loan Amount (20% dn)
$270,849
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 Downey, ID?
The median home value in Downey is $338,561 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Downey?
Over the past year, home values in Downey have increased by 2.5%. Over five years, prices have risen approximately 27.7%.
How much do I need to earn to buy a home in Downey?
To comfortably afford the median home price of $338,561 with a 20% down payment ($67,712) at today's rates (6.8%), you'd need a gross annual income of approximately $89,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Downey compare to the national average home price?
The national median home value is approximately $410,000. At $338,561, homes in Downey are 17% below the national average.
What metro area is Downey part of?
Downey is part of the Pocatello, ID metropolitan area. Home prices and market conditions can vary across the broader metro region.