Is 83455, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 83455 has remained a Seller's Market.
Key Takeaway
83455 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 83455, ID
How much do homes in 83455, ID cost?
Median Sold Price
$815,000
$469/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 83455 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 83455 was $815,000 in April 2024, up 5.2% from last year, and the median price per square foot was $469.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $328.7K | $396K | +20.5% |
| 2 Bedrooms | $775K | $537.5K | -30.6% |
| 3 Bedrooms | $776.3K | $790K | +1.8% |
| 4 Bedrooms | $1.1M | $1.5M | +27.0% |
| 5+ Bedrooms | $1.0M | $1.1M | +10.8% |
Summary: 83455 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.5%, 2 bedroom homes decreased by 30.6%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 27%, and 5+ bedroom homes increased by 10.8%.
Housing Supply in 83455, ID
How many homes are available in 83455, ID?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 37 | +19.4% |
Summary: The 83455 real estate market had 37 homes for sale in April 2024, a 19.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 83455 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
7 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 83455, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 83455 in April 2024, up by 120.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.
Days on Market for 83455, ID
How long does it take to sell a home in 83455, ID?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 138 Days | 138 Days | -0.0% |
Summary: Homes in 83455 had an average of 138 days on market in Apr 2024, down by 0% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 83455 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 11 homes were sold in 83455; 0% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 64% of homes were sold over 90 days.
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