Why Live in Payette
Payette, Idaho, a small city of 8,100 residents, is situated at the junction of the Snake and Payette Rivers on the Oregon-Idaho border. Known for its balance between rural agriculture and urban conveniences, Payette features a revitalized downtown shopping area and numerous community festivals. The city has a rich history dating back to 1883, with many homes built between 1970 and 1999, alongside historic Queen Anne-style Victorian-era houses. Housing options include manufactured homes, townhouses, and two-to-three-bedroom single-family homes. Payette boasts over 50 acres of green spaces across nine parks and trails, including the Payette River Greenbelt and the Payette swimming facility in Kiwanis Park. The Snake River offers opportunities for jet skiing, fishing, rafting, and boating, accessible through Centennial Park’s North End Marina. The annual Apple Blossom Festival in May features live concerts, a beer garden, carnival rides, and fireworks. Downtown Payette, revitalized in 2015, is pedestrian-friendly with local businesses and eateries. Ontario Marketplace, 5 miles away, provides additional shopping options. Payette's crime rate is below the national average, with a steady decrease in property crimes from 2020 to 2023. The city is well-connected via Interstate 84, U.S. Route 95, and State Highway 52, with Boise Airport 59 miles away. Payette experiences hot, dry summers and cold, sometimes rainy winters, with less than 10 inches of annual precipitation due to its location in the rain shadow of the Cascade Mountains.
Frequently Asked Questions
What is the average home price in Payette, ID?
Homes for sale in Payette, ID have an average home price of $419,520.
Are home prices dropping in Payette?
Yes, home prices in Payette are down 4% in the last 12 months.
How many homes have sold over the last 12 months in Payette, ID?
182 homes have sold in Payette, ID over the last 12 months.
What are the most popular zip codes in Payette, ID?
How much do you need to make to afford a house in Payette?
The median home price in Payette is $362,000. If you put a 20% down payment of $72,400 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,870 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $80K a year to afford the median home price in Payette.
How are the schools in Payette, ID?
Home Trends in Payette, ID
On average, homes in Payette, ID sell after 68 days on the market compared to the national average of 50 days. The median sale price for homes in Payette, ID over the last 12 months is $343,400, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$343,400
Median Single Family Sale Price
$355,000
Median Townhouse Sale Price
$319,000
Average Price Per Sq Ft
$236
Number of Homes for Sale
52
Last 12 months Home Sales
182
Median List Price
$362,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%