$345,000
3.40 Acres
Land
Ken Dunn, Listing Office: Coldwell Banker Mountain Properties
Is Driggs, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Driggs has remained a Seller's Market.
Key Takeaway
Driggs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Driggs, ID
How much do homes in Driggs, ID cost?
Median Sold Price
$782,500
$434/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$62,500(-7.4%)
Key Takeaway
Homes in Driggs have sold for 7.4% less than they did a year ago.
Summary: The median home sold price in Driggs was $782,500 in October 2024, down 7.4% from last year, and the median price per square foot was $434.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $416K | - | N/A |
| 2 Bedrooms | $690K | $653K | -5.4% |
| 3 Bedrooms | $804.5K | $735K | -8.6% |
| 4 Bedrooms | $1.4M | $1.7M | +15.3% |
| 5+ Bedrooms | $1.3M | $1.1M | -14.1% |
Summary: Driggs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes decreased by 14.1%.
Housing Supply in Driggs, ID
How many homes are available in Driggs, ID?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 50 | -5.7% |
Summary: The Driggs real estate market had 50 homes for sale in October 2024, a 5.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Driggs 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 11 | +175.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Driggs, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Driggs in October 2024, up by 175.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for Driggs, ID
How long does it take to sell a home in Driggs, ID?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 150 Days | 104 Days | -30.4% |
Summary: Homes in Driggs had an average of 104 days on market in Oct 2024, down by 30.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Driggs has remained consistent over time.
Summary: During October 2024, 11 homes were sold in Driggs; 0% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
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