ZIP Code Market Report
83254 — Montpelier, ID
Data through February 2026 · Updated monthly
Avg Home Value
$273,873
▼ 3.5% year-over-year
Month-over-Month
-1.0%
▼ 1.0%
Single Family
$274,991
Condo / Co-op
--
The average home value in the 83254 ZIP code (Montpelier, IDAHO) is $273,873 as of February 2026. Home prices are declining, down 3.5% compared to last year.
A 3-bedroom home in 83254 is valued at $251,417.
This report is part of the Bear Lake County market area in IDAHO. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Bear Lake County report.
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Market Snapshot
83254 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $282,814 | $276,749 | $273,873 | ▼ 3.2% |
| Single Family Value | $277,535 | $276,615 | $274,991 | ▼ 0.9% |
Home Values
83254 Home Value Trend
Historical home values for ZIP code 83254. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 83254
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $195,978 |
| 3 Bedrooms | $251,417 |
| 4 Bedrooms | $297,712 |
Property Types
Home Values by Property Type in 83254
How different property types compare in this ZIP code.
All Homes
$273,873
Single Family
$274,991
Bottom Tier
$186,793
Data Sources and Methodology
Home value data for ZIP code 83254 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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