$10,000 Closing Credit*
$997,000
2,634 SqFt
5 Beds
•3 Full Baths
Eric Spitzer, Wade Noyes, Listing Office: Spitzer Realty, LLC
Is Teton County, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Teton County was a Seller's Market.
Key Takeaway
Teton County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Teton County, ID
How much do homes in Teton County, ID cost?
Median Sold Price
$786,000
$434/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$26,000(-3.2%)
Key Takeaway
Homes in Teton County have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Teton County was $786,000 in November 2024, down 3.2% from last year, and the median price per square foot was $434.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355K | $391K | +10.1% |
| 2 Bedrooms | $634.5K | $600.5K | -5.4% |
| 3 Bedrooms | $750K | $735K | -2.0% |
| 4 Bedrooms | $1.2M | $1.4M | +20.2% |
| 5+ Bedrooms | $1.2M | $1.7M | +40.4% |
Summary: Teton County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 40.4%.
Median Sold Price Compared To Nearby Counties
| Teton County | $2.1M | $2.0M | -0.4% |
| Teton County | $812K | $786K | -3.2% |
Housing Supply in Teton County, ID
How many homes are available in Teton County, ID?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 125 | 108 | -13.6% |
Summary: The Teton County real estate market had 108 homes for sale in November 2024, a 13.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 19 | 14 | -26.3% |
| 3 Bedrooms | 52 | 42 | -19.2% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 26 | 24 | -7.7% |
Summary: The Teton 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 decreased by 26.3%, 3 bedroom homes decreased by 19.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 8 | -68.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Teton County, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Teton County in November 2024, down by 68.0% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Teton County, ID
How long does it take to sell a home in Teton County, ID?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 175 Days | 67 Days | -61.9% |
Summary: Homes in Teton County had an average of 67 days on market in Nov 2024, down by 61.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Teton County has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Teton County; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
DISCLAIMER: Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton IDX Program may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton MLS is not responsible or liable for the information. © 2024 MLS.