Market Overview
Home Prices in Menan, ID
The median home value in Menan, ID is $420,248 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 5.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Menan are priced2% above average. Menan is part of the Idaho Falls, ID metro area.
Over the past five years, Menan home values have risen by approximately27.7%, reflecting strong long-term appreciation in this market.
Price History
Menan Home Price Trend
2020
$244,535
$245K
—
2021
$329,103
$329K
+34.6%
2022
$402,364
$402K
+22.3%
2023
$377,193
$377K
-6.3%
2024
$378,360
$378K
+0.3%
2025
$400,101
$400K
+5.7%
2026
$420,248
$420K
+5.0%
City Comparison
Menan vs. National Median
🏠 Menan
$420,248
National Median
$410,000
At $420,248, homes in Menan cost 2% above the national median of $410,000. Buyers in Menan should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Menan?
20% Down Payment
$84,050
on $420,248
Monthly P&I
$2,192/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,784/mo
incl. taxes & insurance
Income Needed
$111,360
gross annual (30% rule)
10% Down Option
$42,025
+ PMI applies
Loan Amount (20% dn)
$336,198
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 Menan, ID?
The median home value in Menan is $420,248 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Menan?
Over the past year, home values in Menan have increased by 5%. Over five years, prices have risen approximately 27.7%.
How much do I need to earn to buy a home in Menan?
To comfortably afford the median home price of $420,248 with a 20% down payment ($84,050) at today's rates (6.8%), you'd need a gross annual income of approximately $111,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Menan compare to the national average home price?
The national median home value is approximately $410,000. At $420,248, homes in Menan are 2% above the national average.
What metro area is Menan part of?
Menan is part of the Idaho Falls, ID metropolitan area. Home prices and market conditions can vary across the broader metro region.