$6,114 Closing Credit*
$514,900
2,211 SqFt
5 Beds
•3 Baths
Donalyn Allen, Listing Office: Atova
Housing Prices in Gem County, ID
How much do homes in Gem County, ID cost?
Median List Price
$529,950
$297/sqft
Based on all homes listed in October 2024.
Difference Since Last Month
-$9,550(-1.8%)
Key Takeaway
The list price of homes in Gem County has decreased by 1.8% since September.
Summary: The median home list price in Gem County was $529,950 in October 2024, down 1.8% from the previous month, and the median price per square foot was $297.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $460K | $460K | 0.0% |
| 2 Bedrooms | $275K | $285K | +3.6% |
| 3 Bedrooms | $522K | $494.4K | -5.3% |
| 4 Bedrooms | $640K | $654.5K | +2.3% |
| 5+ Bedrooms | $1.3M | $1.1M | -15.2% |
Summary: Gem 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 3.6%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 15.2%.
Median List Price Compared To Nearby Counties
| Ada County | $590.6K | $583.2K | -1.3% |
| Gem County | $539.5K | $529.9K | -1.8% |
| Payette County | $400K | $388.9K | -2.8% |
| Canyon County | $481K | $459.3K | -4.5% |
Housing Supply in Gem County, ID
How many homes are available in Gem County, ID?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 92 | +21.1% |
Summary: The Gem County real estate market had 92 homes for sale in October 2024, a 21.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 42 | 48 | +14.3% |
| 4 Bedrooms | 15 | 22 | +46.7% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Gem County 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 18.2%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes increased by 14.3%.
Days on Market for Gem County, ID
How long does it take to sell a home in Gem County, ID?
Average Listing Age
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 98 Days | 107 Days | +8.5% |
Summary: Homes in Gem County had an average listing age of 107 days in Oct 2024, up by 8.5% compared to the previous month.
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