Why More People Are Moving to Idaho Falls, and What That Means for the Housing Market

The Rise of Idaho Falls: A New Hotspot in the Intermountain West

Idaho Falls has quickly emerged as one of the fastest-growing cities in the Intermountain West. Known for its stunning natural scenery, affordable cost of living, and family-friendly atmosphere, this Southeast Idaho hub is attracting families, remote workers, and retirees alike. With a population now surpassing 68,000 and growing steadily, the city has become a magnet for those seeking a high quality of life outside the hustle of larger urban centers.

Why Are People Moving to Idaho Falls?

1. Affordable Cost of Living

Compared to neighboring states like Utah and Colorado, Idaho continues to offer a relatively low cost of living. Homebuyers can find spacious single-family homes at prices significantly lower than the national average, although prices have risen in recent years (more on that below).

2. Employment Opportunities and Economic Growth

Idaho Falls is home to Idaho National Laboratory (INL), one of the nation's leading science and energy research facilities. The city is also seeing growth in healthcare, education, and tech sectors. With a diverse and growing economy, newcomers are finding not just homes, but careers.

3. Access to Nature and Outdoor Recreation

From fishing along the Snake River to skiing in nearby Jackson Hole or hiking in Yellowstone National Park, outdoor enthusiasts are moving to Idaho Falls for easy access to world-class recreation. It’s the perfect balance between small-town life and big adventure.

4. Safe and Family-Friendly Environment

Ranked among the safest cities in Idaho, Idaho Falls offers highly rated schools, well-maintained parks, and a strong sense of community—factors that continue to attract families and retirees.

How This Growth is Impacting the Housing Market in Idaho Falls

Inventory is Shrinking, Demand is Rising

As more people relocate to the area, the housing inventory has struggled to keep pace. While new construction is underway, demand continues to outstrip supply. This tight housing market has led to increased competition among buyers and upward pressure on home prices.

Home Prices Are Trending Up

The median home price in Idaho Falls has risen steadily over the past five years. As of mid-2025, prices are up approximately 6.8% year-over-year. This trend reflects not just population growth, but also rising construction costs and limited land availability in desirable neighborhoods.

Sellers Are Benefiting, but Buyers Must Be Prepared

Homeowners considering selling are in a favorable position, especially if their properties are well-maintained and move-in ready. For buyers, particularly first-timers, getting pre-approved and working with a local real estate agent has become more important than ever.

The Role of Home Inspections in a Competitive Market

In this tight market, home inspections are more critical than ever. Whether you're buying a home in Idaho Falls or preparing to sell, having a thorough, unbiased inspection helps you:

• Avoid costly surprises after closing

• Strengthen your negotiation position

• Improve transparency and trust in the transaction

  
  

At Vantage Point Inspections, we provide comprehensive home inspections specifically designed for properties in Southeast Idaho. Our local knowledge enables us to identify key issues—from foundation problems in older homes to energy efficiency concerns in newer builds.

Schedule Your Inspection Today!