Is Driggs, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Driggs was a Buyer's Market.
Key Takeaway
Driggs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Driggs, ID
How much do homes in Driggs, ID cost?
Median Sold Price
$802,500
$427/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Driggs have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in Driggs was $802,500 in April 2024, down 3.9% from last year, and the median price per square foot was $427.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.5M | $416K | -72.8% |
| 2 Bedrooms | $620K | $745K | +20.2% |
| 3 Bedrooms | $740K | $707.5K | -4.4% |
| 4 Bedrooms | $895K | $1.0M | +19.8% |
| 5+ Bedrooms | $910K | $845K | -7.1% |
Summary: Driggs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 72.8%, 2 bedroom homes increased by 20.2%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in Driggs, ID
How many homes are available in Driggs, ID?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 32 | +28.0% |
Summary: The Driggs real estate market had 32 homes for sale in April 2024, a 28.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 17 | 12 | -29.4% |
| 4 Bedrooms | 2 | 6 | +200.0% |
| 5+ Bedrooms | 4 | 9 | +125.0% |
Summary: The Driggs 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 150%, 3 bedroom homes decreased by 29.4%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 125%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Driggs, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Driggs in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Driggs, ID
How long does it take to sell a home in Driggs, ID?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 261 Days | 215 Days | -17.5% |
Summary: Homes in Driggs had an average of 215 days on market in Apr 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Driggs has remained consistent over time.
Summary: During April 2024, 6 homes were sold in Driggs; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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