Housing Prices in Gem County, ID
How much do homes in Gem County, ID cost?
Median List Price
$537,000
$276/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Gem County has increased by 2.6% since March.
Summary: The median home list price in Gem County was $537,000 in April 2024, up 2.6% from the previous month, and the median price per square foot was $276.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $304.9K | $349.5K | +14.6% |
| 3 Bedrooms | $451.4K | $471.9K | +4.5% |
| 4 Bedrooms | $955K | $935K | -2.1% |
| 5+ Bedrooms | $772.2K | $999.5K | +29.4% |
Summary: Gem County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 29.4%.
Median List Price Compared To Nearby Counties
| Washington County | $375K | $395K | +5.3% |
| Gem County | $523.1K | $537K | +2.6% |
| Payette County | $395K | $405K | +2.5% |
| Ada County | $593.1K | $589.7K | -0.6% |
| Canyon County | $444.8K | $439.9K | -1.1% |
Housing Supply in Gem County, ID
How many homes are available in Gem County, ID?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 65 | 91 | +40.0% |
Summary: The Gem County real estate market had 91 homes for sale in April 2024, a 40.0% 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 | 8 | 14 | +75.0% |
| 3 Bedrooms | 34 | 44 | +29.4% |
| 4 Bedrooms | 17 | 24 | +41.2% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Gem County 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 75%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes increased by 50%.
Days on Market for Gem County, ID
How long does it take to sell a home in Gem County, ID?
Average Listing Age
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 92 Days | 73 Days | -20.8% |
Summary: Homes in Gem County had an average listing age of 73 days in Apr 2024, down by 20.8% compared to the previous month.
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