Is Tetonia, ID a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tetonia is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Tetonia, ID

How much do homes in Tetonia, ID cost?

Median Sold Price

$795,000

$496/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$70,000(+9.7%)

Key Takeaway

Homes in Tetonia have sold for 9.7% more than they did a month ago.

Summary: The median home sold price in Tetonia was $795,000 in October 2024, up 9.7% from last month, and the median price per square foot was $496.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$650K
N/A
3 -$940K
N/A
4 $725K-
N/A
5+ --
N/A

Summary: Tetonia 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Tetonia, ID

How many homes are available in Tetonia, ID?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1617+6.3%

Summary: The Tetonia real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 910
+11.1%
4 32
-33.3%
5+ 23
+50.0%

Summary: The Tetonia 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 increased by 11.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Tetonia, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Tetonia in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Tetonia, ID

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

Average Sale Time

Sep 2024Oct 2024CHANGE
211 Days163 Days-22.5%

Summary: Homes in Tetonia had an average of 163 days on market in Oct 2024, down by 22.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Tetonia are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in Tetonia; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Tetonia, ID

Nearby Markets to Tetonia, ID