The typical owner-occupied home in Sun Valley is worth about $962,500, 2.3 times the Idaho median of $418,600 and 2.9 times the national median of $332,700. Owners pay a median $5,526 a year in property taxes, about 0.57% of their home's value, higher than the Idaho rate of 0.49%. The median household earns $125,987 a year, so the median home costs 7.6 times the median income (5.4 times for Idaho). 91% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.
Sun Valley at a glance
| Sun Valley | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $962,500 | $418,600 | $332,700 |
| Median property tax paid per year | $5,526 | $2,038 | $3,119 |
| Property tax as a share of value | 0.57% | 0.49% | 0.94% |
| Median household income | $125,987 | $77,800 | $80,734 |
| Homes lived in by their owners | 91% | 72% | 65% |
| Owner homes with a mortgage | 30% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $2,377 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 26.9% | 20.7% | 21.0% |
| Median rent | – | $1,238 | $1,413 |
| Rent as a share of renters' income | 9.0% | 28.7% | 30.6% |
| Median year homes were built | 1979 | 1991 | 1980 |
| Vacant homes | 71.7% | 10.3% | 10.1% |
| Population | 1,460 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Sun Valley
At this week's average 30-year rate of 7.11%, buying the median Sun Valley home of $962,500 with 20% down costs about $6,038 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,796, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $258,774 for the 20%-down payment. That payment is 58% of the median Sun Valley household income of $125,987; at that income and 20% down, the 28% guideline points to a home of about $469,000.
| Down payment | $192,500 |
|---|---|
| Loan amount | $770,000 |
| Principal and interest | $5,180 |
| Property taxes (0.57% a year) | $457 |
| Homeowners insurance (our estimate, 0.5% a year) | $401 |
| PMI | $0 |
| Total per month | $6,038 |
Change the numbers in the calculator
| Down payment | $33,688 |
|---|---|
| Loan amount | $945,067 |
| Principal and interest | $6,358 |
| Property taxes (0.57% a year) | $457 |
| Homeowners insurance (our estimate, 0.5% a year) | $401 |
| FHA mortgage insurance | $581 |
| Total per month | $7,796 |
Change the numbers in the calculator
Questions about home buying in Sun Valley
What is the median home value in Sun Valley?
About $962,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sun Valley?
Homeowners pay a median $5,526 a year, which is about 0.57% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Sun Valley?
For the median home with 20% down at 7.11%, the payment is about $6,038 a month. Keeping that under 28% of gross income takes about $258,774 a year.
More about Sun Valley
- Mortgage Refinance in Sun Valley
- Debt Relief in Sun Valley
- Home Equity Loans in Sun Valley
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data