Is Idaho Falls, ID 83404 a buyer’s or seller’s market?
Idaho Falls is a seller’s market. With about 3.3 months of supply and 1% 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 39% of U.S. ZIP codes, and #40 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 Idaho Falls housing market right now
In the three months ending August 31, 2026, 1% of homes in Idaho Falls, ID 83404 sold above their list price, the typical home went under contract in 41 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 104 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (1% then), homes sold more slowly (37 days then) and the median sale price rose 2% to $439,710. Overall, Idaho Falls is about as competitive as it was a year ago.
Within Bonneville County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Idaho Falls ranks #40 of 69 ID ZIP codes with enough sales (score 40 out of 100).
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Nearby markets
Idaho Falls 83401Seller’s market $171 /sq ftIdaho Falls 83402Balanced $168 /sq ftIdaho Falls 83406Seller’s market $177 /sq ftIona 83427Seller’s market $173 /sq ft Browse all markets →Towns like Idaho Falls nearby
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Questions about Idaho Falls real estate
Is Idaho Falls a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Idaho Falls, ID 83404 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 Idaho Falls?
The typical home went under contract in 41 days in the latest three months.
Do homes in Idaho Falls sell over asking?
1% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.
What are property taxes in Idaho Falls?
About 0.50% of a home’s value a year in Bonneville County, or roughly $2,000 on a $400,000 home.
What is the median home price in Idaho Falls?
The median sale price was $439,710 in the three months ending August 31, 2026, about $164 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