Looking to buy in Bannock County, Idaho?
There are 86 USDA backed residential loans in Bannock county with an average loan balance of $125,558. Over 74% of the loans helped first time home buyers. Borrowers were an average age of 38 years old. The typical appraised home value was around $128,268. On average the rural home size purchased with this loan was approximately 1,402 SqFt. Bannock county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Bannock County is roughly 2,973 square kilometers. USDA defined regions of rural loan ineligibility in Bannock cover 199 square kilometers of the county. Approximately 6.7% of Bannock County is ineligible for traditional USDA home loans. The influence score for Bannock County is 7. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Bannock County, ID
* cities most likely to have USDA loan eligible properties for sale.
*Arimo • Blackrock • Chubbuck • Downata Hot Springs • *Downey • *Fort Hall • Hawkins • *Inkom • *Lava Hot Springs • Marsh Valley • *McCammon• • •
What is a USDA Loan? |
The USDA 502 Guaranteed Loan Program is designed to help low-to-moderate-income homebuyers in eligible rural areas secure affordable housing with no down payment required. Backed by the U.S. Department of Agriculture, this loan offers competitive interest rates, flexible credit requirements, and lower mortgage insurance costs compared to conventional loans. Borrowers work with approved lenders, and the USDA provides a guarantee, reducing the lender’s risk and making homeownership more accessible. |
Take the First Step Toward $0 Down Financing |
• Pocatello • Portneuf • Robin • Swan Lake • Swanlake • Tyhee • Virginia • Zenda
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Bannock County.
Bannock County, located in the great state of Idaho, was established on March 6, 1893. It was named after the local Bannock Native American tribe, who were residents of the area for thousands of years. The county seat and the largest city within Bannock County is Pocatello. Pocatello, which was founded in 1889, was a significant hub and transportation center for the Oregon Trail during the mid-1800s.
The county is shaped by its rich history, from the settlement of fur trappers in the early 1800s to the subsequent development brought on by the arrival of the Utah and Northern Railroad in the late 1800s. Bannock County experienced its fair share of challenges during the 20th century, facing significant economic changes as the region shifted from a mining and railroad-based economy to a more diverse range of industries.
A fun fact about Bannock County is that it is home to Idaho State University, which was founded in 1901 as the Academy of Idaho. Today, Idaho State University is a thriving academic institution offering a comprehensive range of academic programs, including some highly ranked science and engineering programs, and plays a significant role in the local economy and community development.
February 2025 Featured Agents | |
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Nathanael Covington | from Price Real Estate, Inc. |
Orville Brown | from Keller Williams Realty East Idaho |