Blackfoot Real Estate

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Blackfoot Real Estate & Homes for Sale in Idaho

A century ago the town of Shelley was incorporated as a city. Like Blackfoot, the County Seat of Bingham County, Shelley was founded by enterprising pioneers in search of land they could build their homes on. Located just 10 miles south of Idaho Falls, Shelley is a mostly rural area surrounded by fertile land and an abundance of water. Blackfoot is also located in the rural heart of our country’s largest potato producing region. This growing city of almost 11,000 residents is a major center for agribusiness. Three outstanding public school systems, Blackfoot, Snake River and Firth, serve Blackfoot students in grades K-12. The modern city of Shelley is true to its roots and still offers nearly 4,000 residents a relaxed lifestyle in a small hometown atmosphere. Shelley students in grades K-12 attend schools of the Shelley Joint School District. Industries that provide employment in the area include educational, health and social services, manufacturing and retail trade. Several colleges and universities – including Idaho State University, which is less than an hour’s drive away from the two towns – are in proximity for those who wish to attain a degree in higher education. Recreational activities are abundant in the area. Shelley parks house a skate park, tennis courts, horseshoe pits, swimming pools, basketball courts and plenty of picnic shelters. The Blackfoot 18-hole Golf Course is rated among the top five in Idaho. Real estate options in Shelley and Blackfoot consist of single-family detached homes, estate properties, condominiums, townhouses and land lots.

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Price Range of Blackfoot Houses

Residence in both Blackfoot and Shelley is not only affordable but homes and properties are large. Most of the homes in Shelley are situated on spacious lots with shade trees and lush vegetation. Home prices range from under $100,000 to the high $200,000s for lovely estate properties with lots of considerable acreage. Large homes with multiple fireplaces could be purchased in the mid-$100,000s. Single-family detached homes in Blackfoot are priced starting from below $100,000. Large lovely homes with fireplaces and on spacious lots in Country Haven could be purchased in the low-mid-$100,000s. Beautiful newly built estate homes with multiple fireplaces and on lots of considerable acreage are priced from the low $200,000s to the low $300,000s. A very limited selection of condominiums and townhouses are available in Blackfoot, priced in the $100,000s. Land and lots are also available in both towns for custom development.

Blackfoot Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $157,789 compared to $157,789 the previous week, to remain steady with no change in listing price.  For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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