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Emmett, ID

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Emmett, ID

Sat Jul 31 2021
This week the median list price for Emmett, ID is $649,900 with the market action index hovering around 55. This is less than last month's market action index of 57. Inventory has decreased to 41. 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.

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Emmett, ID

Sat Jul 31 2021
This week the median list price for Emmett, ID is $649,900 with the market action index hovering around 55. This is less than last month's market action index of 57. Inventory has decreased to 41. 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.

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Emmett market.
Median List Price $649,900
Median Price of New Listings $987,525
Per Square Foot $267
Average Days on Market 46
Median Days on Market 35
Price Decreased 32%
Price Increased 10%
Relisted 10%
Inventory 41
Median Rent
Market Action 55
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$1,099,950 2,039 10 - 20 acres 3 2 63 1 0 52
$789,950 2,452 2.5 - 5 acres 3 2 22 1 0 49
$556,950 2,741 8,000 - 10,000 sqft 4 3 0 0 1 24
$434,900 1,586 8,000 - 10,000 sqft 3 2 21 0 4 28