Build Idaho

Emmett, ID

Single-Family Homes

Idaho's Ultimate Home Search --> https://www.buildidaho.com



Emmett, ID

Sun May 26 2024
This week the median list price for Emmett, ID is $712,950 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 66. 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

Sun May 26 2024
This week the median list price for Emmett, ID is $712,950 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 66. 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 $712,950
Median Price of New Listings $674,000
Per Square Foot $348
Average Days on Market 85
Median Days on Market 32
Price Decreased 30%
Price Increased 3%
Relisted 5%
Inventory 66
Median Rent
Market Action 37
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change 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
$1,310,550 2,941 5 - 10 acres 4 3 11 1 1 73
$900,000 2,181 5 - 10 acres 3 2 13 0 0 24
$569,000 2,145 0.25 - 0.5 acre 3 2 9 0 1 14
$387,400 1,340 8,000 - 10,000 sqft 3 2 51 1 3 21