Is Burley, ID 83318 a buyer’s or seller’s market?
Burley is a seller’s market. With about 3.3 months of supply and 28% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 62% of U.S. ZIP codes, and #18 of 69 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Burley housing market right now
In the three months ending August 31, 2026, 28% of homes in Burley, ID 83318 sold above their list price, the typical home went under contract in 31 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 41 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (56 days then) and the median sale price fell 3% to $333,106. Overall, Burley is more competitive than a year ago, so tougher for buyers.
Within Cassia County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Burley ranks #18 of 69 ID ZIP codes with enough sales (score 60 out of 100).
Nearby, buyers who want less competition could look at Oakley 83346 (0% sold over asking) or Murtaugh 83344 (0% sold over asking), while Albion 83311 (33% sold over asking) and Declo 83323 (33% sold over asking) are even more competitive.
Run the numbers for 83318
Nearby markets
Albion 83311Seller’s market $232 /sq ftAlmo 83312 $270 /sq ftDeclo 83323Seller’s market $225 /sq ftMalta 83342Buyer’s market $208 /sq ft Browse all markets →Towns like Burley nearby
Find towns like Burley in other states →Where Burley is
Loading map…
Questions about Burley real estate
Is Burley a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Burley, ID 83318 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Burley?
The typical home went under contract in 31 days in the latest three months.
Do homes in Burley sell over asking?
28% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Burley?
About 0.41% of a home’s value a year in Cassia County, or roughly $1,640 on a $400,000 home.
What is the median home price in Burley?
The median sale price was $333,106 in the three months ending August 31, 2026, about $199 per square foot.
Local agents
See all agents in 83318 →No sponsored agents in 83318 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 83318
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology