Go Idaho Team @ Exp Realty (208) 547-6408 or goidahoteam@goingidaho.com

Emmett, ID 83617

Single-Family Homes

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Emmett, ID 83617

Tue Jun 06 2023
This week the median list price for Emmett, ID 83617 is $589,950 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 76. Click here to stay informed with the Emmett 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 been flat for several weeks. 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.

Emmett, ID 83617

Tue Jun 06 2023
This week the median list price for Emmett, ID 83617 is $589,950 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 76. Click here to stay informed with the Emmett 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 been flat for several weeks. 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 Emmett market.
Median List Price $589,950
Median Price of New Listings $439,400
Per Square Foot $286
Average Days on Market 113
Median Days on Market 46
Price Decreased 46%
Price Increased 7%
Relisted 11%
Inventory 76
Median Rent
Market Action 34
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$1,200,000 2,804 5 - 10 acres 4 3 19 1 1 56
$775,900 2,198 5 - 10 acres 3 2 26 1 2 49
$512,500 2,272 8,000 - 10,000 sqft 3 2 2 2 3 147
$399,900 1,408 6,500 - 8,000 sqft 3 2 22 4 5 14