Is Victor, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$792,500
$468/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Victor have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Victor was $792,500 in May 2024, up 2.3% from last year, and the median price per square foot was $468.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $331.2K | $417K | +25.9% |
| 2 Bedrooms | $760K | $537.5K | -29.3% |
| 3 Bedrooms | $767.5K | $787.5K | +2.6% |
| 4 Bedrooms | $1.2M | $1.4M | +16.6% |
| 5+ Bedrooms | $1.0M | $1.6M | +51.2% |
Summary: Victor housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.9%, 2 bedroom homes decreased by 29.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 51.2%.
Housing Supply in Victor, ID
How many homes are available in Victor, ID?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 42 | 50 | +19.0% |
Summary: The Victor real estate market had 50 homes for sale in May 2024, a 19.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 8 | 13 | +62.5% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Victor housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Victor, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Victor in May 2024, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 133 Days | 102 Days | -23.2% |
Summary: Homes in Victor had an average of 102 days on market in May 2024, down by 23.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Victor has remained consistent over time.
Summary: During May 2024, 9 homes were sold in Victor; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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