Victor Not Wealthiest ZIP In Idaho
A report making the rounds of the internet and getting cited in papers around Idaho posits the town of Victor in the far east of the state had the most expensive ZIP code in Idaho. That claim is being debunked.
The report came from website GoBankingRates.com which calculated the median home prices in Victor at just shy of $350,000. With that figure, the website awarded Victor the title of priciest ZIP in the state.
The Teton Valley News reports that while Victor is more expensive than Boise or some of its suburbs, the website that produced the report left out one Idaho’s toniest locales: Sun Valley.
The data used in the survey came from realty website Zillow’s Home Value Index. The index tries to provide a more accurate snapshot of the value of an area’s housing stock as opposed to just an average listing price. To get that more rounded stat, Zillow uses a host of figures that not all places provide.
Sun Valley is among other affluent cities that don’t provide an excess of data about real estate deals. A spokesperson for Zillow says most states require the sales price of a home be made public, but Idaho isn’t among them.
Although Zillow doesn’t have all the data to place Sun Valley on its Home Value Index, the website says the median price of homes in the resort town is $745,000.
For more local news, follow the KBSX newsroom on Twitter @KBSX915
Copyright 2017 Boise State Public Radio