Housing Prices in Gem County, ID
How much do homes in Gem County, ID cost?
Median List Price
$334,824
$211/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Gem County has increased by 8.3% since last year.
Summary: The median home list price in Gem County was $334,824 in March 2024, up 8.3% from the previous year, and the median price per square foot was $211.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.4K | $175K | +1.5% |
| 2 Bedrooms | $197K | $219.9K | +11.6% |
| 3 Bedrooms | $301.4K | $331.2K | +9.9% |
| 4 Bedrooms | $399.2K | $432.3K | +8.3% |
| 5+ Bedrooms | $490K | $514.4K | +5.0% |
Summary: Gem County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 5%.
Median List Price Compared To Nearby Counties
| Washington County | $226.5K | $246.5K | +8.8% |
| Gem County | $309.2K | $334.8K | +8.3% |
| Payette County | $259.9K | $279.8K | +7.7% |
| Canyon County | $303.9K | $325.5K | +7.1% |
| Ada County | $400.4K | $424.8K | +6.1% |
Housing Supply in Gem County, ID
How many homes are available in Gem County, ID?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1,972 | 1,982 | +0.5% |
Summary: The Gem County real estate market had 1,982 homes for sale in March 2024, a 0.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 25 | 0.0% |
| 2 Bedrooms | 308 | 306 | -0.6% |
| 3 Bedrooms | 1,105 | 1,112 | +0.6% |
| 4 Bedrooms | 406 | 409 | +0.7% |
| 5+ Bedrooms | 128 | 130 | +1.6% |
Summary: The Gem County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 1.6%.
Days on Market for Gem County, ID
How long does it take to sell a home in Gem County, ID?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 1,083 Days | 1,284 Days | +18.6% |
Summary: Homes in Gem County had an average listing age of 1,284 days in Mar 2024, up by 18.6% compared to the previous year.
Listings with this icon are © 2024 of InterMountain MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.