Is Blanchard-Glengary, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Blanchard-Glengary has remained a Buyer's Market.
Key Takeaway
Blanchard-Glengary is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Blanchard-Glengary, ID
How much do homes in Blanchard-Glengary, ID cost?
Median Sold Price
$1,390,000
$433/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Blanchard-Glengary have sold for 341.3% more than they did a month ago.
Summary: The median home sold price in Blanchard-Glengary was $1,390,000 in May 2024, up 341.3% from last month, and the median price per square foot was $433.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $315K | - | N/A |
| 3 Bedrooms | - | $1.3M | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Blanchard-Glengary housing prices by bedroom type for May 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 Blanchard-Glengary, ID
How many homes are available in Blanchard-Glengary, ID?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 116 | 157 | +35.3% |
Summary: The Blanchard-Glengary real estate market had 157 homes for sale in May 2024, a 35.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 12 | 22 | +83.3% |
| 3 Bedrooms | 46 | 66 | +43.5% |
| 4 Bedrooms | 30 | 39 | +30.0% |
| 5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Blanchard-Glengary housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 43.5%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 22 | +340.0% |
Asking Price vs. Sold Price
0 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 Blanchard-Glengary, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in Blanchard-Glengary in May 2024, up by 340.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Blanchard-Glengary, ID
How long does it take to sell a home in Blanchard-Glengary, ID?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 Days | 43 Days | +975.0% |
Summary: Homes in Blanchard-Glengary had an average of 43 days on market in May 2024, up by 975% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Blanchard-Glengary has remained consistent over time.
Summary: During May 2024, 22 homes were sold in Blanchard-Glengary; 0% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
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