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. Click here to stay informed with the Twin Falls market!

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.

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. Click here to stay informed with the Twin Falls market!

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

Never miss important changes in the Twin Falls market.
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