Is Ketchum, ID 83340 a buyer’s or seller’s market?
Ketchum is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 17% of U.S. ZIP codes, and #61 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 Ketchum housing market right now
In the three months ending August 31, 2026, 0% of homes in Ketchum, ID 83340 sold above their list price, the typical home went under contract in 24 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 49 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (40 days then) and the median sale price rose 26% to $2,268,518. Overall, Ketchum is more competitive than a year ago, so tougher for buyers.
Within Blaine County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Ketchum ranks #61 of 69 ID ZIP codes with enough sales (score 23 out of 100).
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Nearby markets
Bellevue 83313Balanced $516 /sq ftCarey 83320Buyer’s market $258 /sq ftHailey 83333Balanced $566 /sq ftSun Valley 83353Seller’s market $1,003 /sq ft Browse all markets →Towns like Ketchum nearby
Find towns like Ketchum in other states →Where Ketchum is
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Questions about Ketchum real estate
Is Ketchum a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in Ketchum, ID 83340 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 Ketchum?
The typical home went under contract in 24 days in the latest three months.
Do homes in Ketchum sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.5% of the list price.
What are property taxes in Ketchum?
About 0.38% of a home’s value a year in Blaine County, or roughly $1,520 on a $400,000 home.
What is the median home price in Ketchum?
The median sale price was $2,268,518 in the three months ending August 31, 2026, about $1,047 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology