$5,878 Closing Credit*
$495,000
2,400 SqFt
4 Beds
•2 Baths
Niccole Welch, Listing Office: Silvercreek Realty Group
Housing Prices in Gem County, ID
How much do homes in Gem County, ID cost?
Median List Price
$507,400
$288/sqft
Based on all homes listed in November 2024.
Difference Since Last Month
-$37,600(-6.9%)
Key Takeaway
The list price of homes in Gem County has decreased by 6.9% since October.
Summary: The median home list price in Gem County was $507,400 in November 2024, down 6.9% from the previous month, and the median price per square foot was $288.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $460K | $460K | 0.0% |
| 2 Bedrooms | $285K | $291K | +2.1% |
| 3 Bedrooms | $493.9K | $478.9K | -3.0% |
| 4 Bedrooms | $759.9K | $669K | -12.0% |
| 5+ Bedrooms | $1.1M | $929K | -19.0% |
Summary: Gem County 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 increased by 2.1%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 19%.
Median List Price Compared To Nearby Counties
| Ada County | $596.3K | $593.1K | -0.5% |
| Canyon County | $475K | $469.1K | -1.2% |
| Payette County | $428.2K | $419.9K | -1.9% |
| Gem County | $545K | $507.4K | -6.9% |
Housing Supply in Gem County, ID
How many homes are available in Gem County, ID?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 84 | +27.3% |
Summary: The Gem County real estate market had 84 homes for sale in November 2024, a 27.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 33 | 45 | +36.4% |
| 4 Bedrooms | 15 | 19 | +26.7% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Gem County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes increased by 12.5%.
Days on Market for Gem County, ID
How long does it take to sell a home in Gem County, ID?
Average Listing Age
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 110 Days | 107 Days | -3.2% |
Summary: Homes in Gem County had an average listing age of 107 days in Nov 2024, down by 3.2% compared to the previous month.
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