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Emmett, ID

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Emmett, ID

Wed Oct 04 2023
This week the median list price for Emmett, ID is $612,200 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 94. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Wed Oct 04 2023
This week the median list price for Emmett, ID is $612,200 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 94. 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 been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $612,200
Median Price of New Listings $495,000
Per Square Foot $320
Average Days on Market 91
Median Days on Market 60
Price Decreased 49%
Price Increased 4%
Relisted 12%
Inventory 94
Median Rent
Market Action 32
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
$1,259,900 2,628 5 - 10 acres 4 3 4 0 1 105
$725,000 2,183 5 - 10 acres 3 2 29 0 0 77
$495,997 1,864 0.25 - 0.5 acre 3 2 17 4 2 56
$382,500 1,498 8,000 - 10,000 sqft 3 2 28 3 1 52