Chris Schmalz Real Estate Group's Market Report

Island Park, ID

Single-Family Homes

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



Island Park, ID

Thu Dec 08 2022
This week the median list price for Island Park, ID is $812,450 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has decreased to 32. Click here to stay informed with the Island Park market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Island Park, ID

Thu Dec 08 2022
This week the median list price for Island Park, ID is $812,450 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has decreased to 32. Click here to stay informed with the Island Park market!

Market Action Index

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

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Island Park market.
Median List Price $812,450
Median Price of New Listings $1,095,000
Per Square Foot $378
Average Days on Market 117
Median Days on Market 98
Price Decreased 38%
Price Increased 0%
Relisted 16%
Inventory 32
Median Rent
Market Action 33
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
$1,275,000 3,201 1 - 2.5 acres 4 3 15 1 2 119
$983,000 2,611 1 - 2.5 acres 4 3 18 2 1 98
$644,000 2,049 0.5 - 1 acre 3 2 19 0 3 119
$444,450 1,164 0.5 - 1 acre 3 1 47 0 1 56