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Q2 2020 Idaho Land Report

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Q1 2020 Land Report 1536x1040

Key takeaways

  • Residential land zoning acres have significantly decreased across the state, while commercial land zoning acres have increased
  • The market average asking price per acre decreased $43,171 since the prior quarter and is now $268,677 per acre
  • Idaho’s seasonally adjusted unemployment rate fell to 8.9% in May, and non-farm payrolls regained 24,300 jobs as the state’s economy began a rebound from the COVID-19 pandemic. Total employment increased 23,090 to 804,643, up 3% from April, while the number of unemployed Idahoans dropped by 24.2%, down 25,276 to 79,015 according to the Idaho Department of Labor

Q2 2020 Land Report 250x196

Q2 2020 Idaho Land Report

Download Report