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  • Cheryl Concannon M.A., SRS, Realtor

Q2 2023 Idaho Real Estate Market Update

Idaho Home Prices

❱ The average home price in the region fell 7.9% year over year to $605,535. Sale prices were 5.7% higher than in the first quarter of 2023.

❱ Compared to the first quarter of this year, home prices rose in all the Northern Idaho market areas and rose in every market other than Gem and Valley counties in Southern Idaho.

❱ Only one county in each of the northern and southern market areas saw prices rise year over year, while the balance of the region had lower sale prices. Prices fell 8% in the south and 7.6% in the north compared to the second quarter of 2022.

❱ Median list prices in the second quarter were down 2.9% from the first quarter. This may have contributed to the increase in sales and prices, as sellers are likely being more cognizant of the higher financing costs buyers are facing.

Blaine County Real Estate Prices Higher


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