Is Bonner County, ID a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bonner County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Bonner County has remained a Buyer's Market.

Key Takeaway

Bonner County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bonner County, ID

How much do homes in Bonner County, ID cost?

Median Sold Price

$345,000

$299/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$11,000(+3.3%)

Key Takeaway

Homes in Bonner County have sold for 3.3% more than they did a month ago.

Summary: The median home sold price in Bonner County was $345,000 in October 2024, up 3.3% from last month, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $334K-
N/A
2 $232K$345K
+48.7%
3 $1.1M-
N/A
4 --
N/A
5+ --
N/A

Summary: Bonner County 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 increased by 48.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bonner County, ID

How many homes are available in Bonner County, ID?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
500485-3.0%

Summary: The Bonner County real estate market had 485 homes for sale in October 2024, a 3.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3830
-21.1%
2 10288
-13.7%
3 201204
+1.5%
4 114114
0.0%
5+ 4549
+8.9%

Summary: The Bonner County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 21.1%, 2 bedroom homes decreased by 13.7%, 3 bedroom homes increased by 1.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6665-1.5%

Asking Price vs. Sold Price

1 Home Was 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 Bonner County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in Bonner County in October 2024, down by 1.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bonner County, ID

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

Average Sale Time

Sep 2024Oct 2024CHANGE
58 Days79 Days+36.2%

Summary: Homes in Bonner County had an average of 79 days on market in Oct 2024, up by 36.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Bonner County has remained consistent over time.

Summary: During October 2024, 65 homes were sold in Bonner County; 0% of homes were sold within 30 days, 2% 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 20 Days Ago

Newest Listings in Bonner County, ID

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What housing markets are near Bonner County, ID?