Market Overview
Home Prices in Pierce, ID
The median home value in Pierce, ID is $196,650 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.9% compared to a year ago and down 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pierce are priced52% below average.
Over the past five years, Pierce home values have risen by approximately47.2%, reflecting strong long-term appreciation in this market.
Price History
Pierce Home Price Trend
2020
$96,681
$97K
—
2021
$133,620
$134K
+38.2%
2022
$173,428
$173K
+29.8%
2023
$189,390
$189K
+9.2%
2024
$183,470
$183K
-3.1%
2025
$182,242
$182K
-0.7%
2026
$196,650
$197K
+7.9%
City Comparison
Pierce vs. National Median
🏠 Pierce
$196,650
National Median
$410,000
At $196,650, homes in Pierce cost 52% below the national median of $410,000. This makes Pierce a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pierce?
20% Down Payment
$39,330
on $196,650
Monthly P&I
$1,026/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,303/mo
incl. taxes & insurance
Income Needed
$52,120
gross annual (30% rule)
10% Down Option
$19,665
+ PMI applies
Loan Amount (20% dn)
$157,320
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 Pierce, ID?
The median home value in Pierce is $196,650 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.9% year-over-year.
How much have home prices changed in Pierce?
Over the past year, home values in Pierce have increased by 7.9%. Over five years, prices have risen approximately 47.2%.
How much do I need to earn to buy a home in Pierce?
To comfortably afford the median home price of $196,650 with a 20% down payment ($39,330) at today's rates (6.8%), you'd need a gross annual income of approximately $52,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Pierce compare to the national average home price?
The national median home value is approximately $410,000. At $196,650, homes in Pierce are 52% below the national average.