Chris Schmalz Real Estate Group's Market Report

Blackfoot, ID

Single-Family Homes

Keller Williams Realty East Idaho | (208) 390-8441 | chris@realestate-idahofalls.com



Blackfoot, ID

Sun Jul 06 2025
This week the median list price for Blackfoot, ID is $420,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 91. Click here to stay informed with the Blackfoot market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Blackfoot, ID

Sun Jul 06 2025
This week the median list price for Blackfoot, ID is $420,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 91. Click here to stay informed with the Blackfoot market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Blackfoot market.
Median List Price $420,000
Median Price of New Listings $417,400
Per Square Foot $180
Average Days on Market 88
Median Days on Market 49
Price Decreased 35%
Price Increased 2%
Relisted 14%
Inventory 91
Median Rent
Market Action 40
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$699,900 3,475 2.5 - 5 acres 4 3 30 1 1 49
$469,000 2,664 0.5 - 1 acre 4 2.5 46 4 5 84
$370,000 2,424 0.25 - 0.5 acre 4 2 52 6 1 49
$300,000 1,672 8,000 - 10,000 sqft 3 1.8 75 1 2 21