Posts from March 2025

Home Prices Decline from Last Month but Remain Higher Year-Over-Year:
The median home price in Bonneville County was $395,000 in February 2025, reflecting a 6.8% increase from February 2024 but a 5.1% decline from January 2025. This suggests a slight market correction after recent price growth.

Home Sales Increase from January but Drop Compared to Last Year:
A total of 101 homes were sold in February 2025, marking a 36.3% increase from January, indicating stronger buyer activity. However, this is still 13.8% lower than February 2024, showing a slower market compared to last year.

Inventory Continues to Grow:
The number of active residential listings rose to 353, a 50.4% increase from last year and a 4% increase from January. This suggests that more sellers are entering the market, giving buyers more options.

Homes Taking Longer to Sell:
The median days on market increased to 51 days, up 2% from last year and 14.7% from January, indicating that homes are staying on the market longer as inventory grows.

To view the Southeast Idaho homes currently for sale, click here.