May 2024 Real Estate Market Pulse

May 2024 Real Estate Market Pulse

MEDIAN SALES PRICE The median sales price across all sectors has risen by nearly $18,000 compared to the previous year but has decreased by $5,000 month-over-month. The median sales price for resale homes is still a significant $30,000 higher than in May 2023. For new...
Idaho Housing Market & Economic Activity

Idaho Housing Market & Economic Activity

Aside from Idaho’s seasonal declines in home inventory, the market is expected to remain steady with inflation rates rising. Higher rates will also continue to raise median home values which have already been up 32% this past year. Even though the federal...