Go Idaho Team @ Exp Realty (208) 547-6408 or goidahoteam@goingidaho.com
Twin Falls, ID 83301
Single-Family Homes
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Twin Falls, ID 83301
Tue Jun 06 2023
This week the median list price for Twin Falls, ID 83301 is $464,900 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 177.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
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 | $464,900 | |
| Median Price of New Listings | $463,500 | |
| Per Square Foot | $239 | |
| Average Days on Market | 94 | |
| Median Days on Market | 49 | |
| Price Decreased | 41% | |
| Price Increased | 3% | |
| Relisted | 7% | |
| Inventory | 177 | |
| Median Rent | ||
| Market Action | 39 | |
| Slight Seller's Advantage | ||
In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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 |
|---|---|---|---|---|---|---|---|---|
| $719,000 | 2,967 | 0.25 - 0.5 acre | 4 | 3 | 2 | 5 | 2 | 105 |
| $540,000 | 2,329 | 0.25 - 0.5 acre | 4 | 3 | 16 | 8 | 4 | 45 |
| $402,450 | 1,757 | 6,500 - 8,000 sqft | 3 | 2 | 2 | 5 | 3 | 52 |
| $335,000 | 1,408 | 6,500 - 8,000 sqft | 3 | 2 | 44 | 8 | 12 | 35 |