Is 83815, ID a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 83815 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 83815 has remained a Seller's Market.

Key Takeaway

83815 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 83815, ID

How much do homes in 83815, ID cost?

Median Sold Price

$773,750

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$343,750(+79.9%)

Key Takeaway

Homes in 83815 have sold for 79.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $340K-
N/A
3 $520K-
N/A
4 --
N/A
5+ -$773.7K
N/A

Summary: 83815 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

83815
+79.9%
83854
-10.4%

Housing Supply in 83815, ID

How many homes are available in 83815, ID?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
179161-10.1%

Summary: The 83815 real estate market had 161 homes for sale in November 2024, a 10.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 2316
-30.4%
3 7360
-17.8%
4 5759
+3.5%
5+ 2423
-4.2%

Summary: The 83815 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 30.4%, 3 bedroom homes decreased by 17.8%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 4.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4243+2.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 83815, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in 83815 in November 2024, up by 2.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 83815, ID

How long does it take to sell a home in 83815, ID?

Average Sale Time

Oct 2024Nov 2024CHANGE
61 Days65 Days+7.4%

Summary: Homes in 83815 had an average of 65 days on market in Nov 2024, up by 7.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 83815 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 43 homes were sold in 83815; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 83815, ID

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