Go Idaho Team @ Exp Realty (208) 547-6408 or goidahoteam@goingidaho.com
Caldwell, ID 83605
Single-Family Homes
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Caldwell, ID 83605
Tue Jun 06 2023
This week the median list price for Caldwell, ID 83605 is $450,000 with the market action index hovering around 62. This is less than last month's market action index of 63. Inventory has increased to 71.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Real-Time Market Profile
| Median List Price | $450,000 | |
| Median Price of New Listings | $417,000 | |
| Per Square Foot | $216 | |
| Average Days on Market | 58 | |
| Median Days on Market | 35 | |
| Price Decreased | 37% | |
| Price Increased | 15% | |
| Relisted | 8% | |
| Inventory | 71 | |
| Median Rent | ||
| Market Action | 62 | |
| Strong Seller's Market | ||
We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $595,000 | 2,804 | 0.25 - 0.5 acre | 4 | 3 | 15 | 1 | 0 | 35 |
| $465,490 | 2,483 | 6,500 - 8,000 sqft | 4 | 3 | 0 | 3 | 1 | 28 |
| $439,900 | 2,176 | 6,500 - 8,000 sqft | 3 | 3 | 0 | 1 | 2 | 31 |
| $398,750 | 1,620 | 8,000 - 10,000 sqft | 3 | 2 | 47 | 5 | 5 | 21 |