Is 83835, ID a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 83835 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 83835 was a Seller's Market.

Key Takeaway

83835 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 83835, ID

How much do homes in 83835, ID cost?

Median Sold Price

$1,115,750

$346/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$475,750(+74.3%)

Key Takeaway

Homes in 83835 have sold for 74.3% more than they did a month ago.

Summary: The median home sold price in 83835 was $1,115,750 in October 2024, up 74.3% from last month, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $640K$1.1M
+74.3%
5+ --
N/A

Summary: 83835 housing prices by bedroom type for October 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 increased by 74.3%, and 5+ bedroom homes did not change.

Housing Supply in 83835, ID

How many homes are available in 83835, ID?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
186179-3.8%

Summary: The 83835 real estate market had 179 homes for sale in October 2024, a 3.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1416
+14.3%
3 8374
-10.8%
4 6663
-4.5%
5+ 2326
+13.0%

Summary: The 83835 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 13%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3828-26.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 83835, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in 83835 in October 2024, down by 26.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 83835, ID

How long does it take to sell a home in 83835, ID?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 83835 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 28 homes were sold in 83835; 4% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% 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 83835, ID

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