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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Victor is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Victor has remained a Seller's Market.

Key Takeaway

Victor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Victor, ID

How much do homes in Victor, ID cost?

Median Sold Price

$787,000

$447/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Victor has remained the same since last year.

Summary: The median home sold price in Victor was $787,000 in October 2024, the same as last year, and the median price per square foot was $447.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $335K$391K
+16.7%
2 $537.5K$549K
+2.1%
3 $760K$705K
-7.2%
4 $1.1M$1.2M
+9.6%
5+ $1.1M$1.4M
+28.1%

Summary: Victor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 28.1%.

Housing Supply in Victor, ID

How many homes are available in Victor, ID?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6764-4.5%

Summary: The Victor real estate market had 64 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 75
-28.6%
2 79
+28.6%
3 2624
-7.7%
4 1615
-6.3%
5+ 1111
0.0%

Summary: The Victor housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Victor, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Victor in October 2024, up by 50.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.

Days on Market for Victor, ID

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

Average Sale Time

Oct 2023Oct 2024CHANGE
177 Days113 Days-36.4%

Summary: Homes in Victor had an average of 113 days on market in Oct 2024, down by 36.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 12 homes were sold in Victor; 8% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 50% 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 Victor, ID

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