Idaho Falls, ID Home Values & Market Trends

Real estate market trends reflect that there have been 948 transactions over the past year in Idaho Falls. The median value for residential home transactions that occurred over the previous year is $343,778.53. The number of current listings in Idaho Falls is 137, and the percentage of properties for sale in the city is 137.00%. Idaho Falls, ID currently has 35 properties in foreclosure, 2 bank owned properties, 21 properties headed for auction, and 137 properties for sale.

Idaho Falls, ID Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
83404

$ 477,838

$ 162/sqft

83401

$ 355,754

$ 187/sqft

83402

$ 340,192

$ 171/sqft

83406

$ 392,806

$ 148/sqft

Housing Market Summary for Idaho Falls, ID

Apr 2023March 2024Change
Median Listing Price$399.9K$328.3K-17.90%
Median Sold Price$339.9K$328.3K-3.40%
Homes For Sale115113-1.74%
Homes Sold43350917.55%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Idaho Falls, ID

Idaho Falls home values range from $20,995 to $3,246,329. The median estimated value of a home in Idaho Falls is $343,778.53. The median list price of a home is 400,000, and the total count of properties in the city is 23,623.

Foreclosure
There are 4 zips within Idaho Falls, ID; within these zips, the median estimated home value for homes in foreclosure ranges from $401,815 in 83404 to the lowest value of $172,874 in 83404. Foreclosure homes account for 0.00% of properties in Idaho Falls, ID with 83404 containing 15 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Idaho Falls, ID with 83402 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Idaho Falls, ID; of those zips, the estimated home value for pre-foreclosure homes ranges from $350,779 in 83404 to the lowest home value of $215,250 in 83401.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Idaho Falls, ID ranges from the highest value of $274,969 in 83404 to the lowest value of $274,969 in 83401. Bank owned homes and properties account for 0.01% of properties in Idaho Falls, ID. There are 4 zips within Idaho Falls, ID; 83401 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    83404 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Idaho Falls, ID. Auction homes and other auction properties account for 0.09% of all properties in Idaho Falls, ID. There are 4 zips within Idaho Falls, ID; of those zips, the median estimated home value for homes going to auction ranges from $411,728 in 83406 to the lowest value of $172,874 in 83406.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.58% of residential properties in Idaho Falls, ID with 83402 containing 51 homes for sale, the highest number of listed properties in a single zip. There are 4 zips within Idaho Falls, ID; homes for sale in those zips, have a range of median values from $1,995,000 in 83406 to the lowest value of $176,000 in 83401.
    Sold Homes
    The median value for recently sold homes ranges from $2,241,900 in 83404 to the lowest price of $48,930 in 83404. There are 4 zips within Idaho Falls, ID. 83402 has 191 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.19% of properties in Idaho Falls, ID.

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      Guide for Idaho Falls, ID

      Market Reports
      Boise, Idaho – Market Report April 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      See More Articles
      Boise, Idaho – Market Report April 2024
      Market Reports|posted 1 April 2024

      The real estate market in Boise, Idaho, and its surrounding areas is marked by periodic fluctuations, with property values and sales volumes experiencing both highs and lows.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Recently Listed Homes Idaho Falls, ID

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