Blaine County presents a valuation-versus-income tension: its $1,093,756 Zillow county median home value sits against a stated 3.46% gross yield before costs, while current listing liquidity is unreported. Buyers who can verify rents, insurance and parcel flood exposure should investigate; those relying on resale or standardized cash flow should be cautious. This is a selective underwriting question, not a broad market call.
In Zillow’s 2026-06 county observation, median home value increased 16.44% year over year and median asking rent was $3,157 monthly. The stated yield uses measured market rent; HUD’s $1,600 two-bedroom Fair Market Rent is a payment standard, not asking rent, and cannot produce a yield. The effective property-tax rate was 0.38%, with $2,778 median annual tax; insurance, maintenance, financing and vacancy are not published. FHFA’s 2025 repeat-transaction HPI rose 6.81%; it supports positive appreciation direction but is not a dollar home value and cannot be combined with Zillow’s differently dated measure.
County workplace evidence is not resident labor-market evidence: QCEW recorded 0.38% annual-average covered-employment growth in 2025, while Leisure and hospitality, the largest disclosed private supersector, held 26.19% of private covered jobs. Tax-return migration lost 86 households net, although arriving movers reported average AGI $53,672 above departing movers; this mixed result does not establish renter demand. Non-occupant investors represented 11.39% of 237 purchase mortgages, indicating financed buyer participation rather than total transactions or buyer demand. Tenant-segment and financing-channel diligence remains necessary.
Modeled expected annual climate loss equals 0.24% of building value, with inland flood the named dominant hazard; this is not a property-specific insurance quote or predicted loss. Realtor.com MLS figures—median asking price, active listings, days on market, price-reduced share and pending ratio—are not published, preventing a read on visible supply, marketing time, concessions and listing competition. Check parcel flood exposure and insurance terms, executed lease comparables and vacancy, and current MLS/pending data; absent these, cash-flow resilience and exit liquidity cannot be underwritten.