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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Victor is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Victor was a Seller's Market.

Key Takeaway

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

Housing Prices in Victor, ID

How much do homes in Victor, ID cost?

Median Sold Price

$790,000

$466/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,000(+0.4%)

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 $790,000 in November 2024, up 0.4% from last year, and the median price per square foot was $466.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $335K$391K
+16.7%
2 $550K$549K
-0.2%
3 $730K$787K
+7.8%
4 $1.3M$1.1M
-11.3%
5+ $1.1M$1.5M
+38.1%

Summary: Victor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes increased by 38.1%.

Housing Supply in Victor, ID

How many homes are available in Victor, ID?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6153-13.1%

Summary: The Victor real estate market had 53 homes for sale in November 2024, a 13.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 75
-28.6%
3 2318
-21.7%
4 1413
-7.1%
5+ 1212
0.0%

Summary: The Victor 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 28.6%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

5 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 Victor, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Victor in November 2024, down by 58.3% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
130 Days56 Days-56.6%

Summary: Homes in Victor had an average of 56 days on market in Nov 2024, down by 56.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Victor are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Victor; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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

Nearby Markets to Victor, ID