83338 — Jerome County, Idaho Market Snapshot
Housing market data for zip code 83338 in Jerome County, Idaho. Updated monthly with median prices, days on market, and more.
Market Sales Data
59 sales in 2026 (year to date)
Median Sale Price
$369,900
Days to Sell
70
Homes Sold
59
Inventory
63
Sale-to-List
99.2%
New Listings
71
Price/SqFt
$250
Pending Sales
74
Conforming Loan Available
Most homebuyers in 83338 can comfortably use conventional financing. The median home price of $369,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 70 days on average, 83338 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 83338 (99.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 83338 can comfortably use conventional financing. The median home price of $369,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 83338 are set at the county level.
2026 Loan Limits — Jerome County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 83338
To purchase the median home at $369,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,984.
Monthly Payment
$2,984
Income Required
$127,888
Principal & Interest
$2,279/mo
Down Payment (5%)
$18,495
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 83338.
Estimated Monthly Payment
$2,439
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