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Is Iona, ID 83427 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Iona is a seller’s market. With about 2.2 months of supply and 0% 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.

Months of supply2.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$173▼ −1.5% vs. last year

The Iona housing market right now

In the three months ending August 31, 2026, 0% of homes in Iona, ID 83427 sold above their list price, the typical home went under contract in 23 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (37 days then) and the median sale price rose 3% to $473,795. Overall, Iona is more competitive than a year ago, so tougher for buyers.

Within Bonneville County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Run the numbers for 83427

Prefilled for 83427Can I win this house?Multiple-offer likelihood for a listing Prefilled for 83427Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Idaho Falls 83401Seller’s market $171 /sq ftIdaho Falls 83402Balanced $168 /sq ftIdaho Falls 83404Seller’s market $164 /sq ftIdaho Falls 83406Seller’s market $177 /sq ft Browse all markets →

Towns like Iona nearby

Find towns like Iona in other states →
Rigby, ID83442 · 10 miles away72% similarlarger · older residents Shelley, ID83274 · 14 miles away72% similarcheaper homes ($47K less) · larger Sugar City, ID83448 · 25 miles away67% similarcheaper homes ($45K less) · more renters Idaho Falls, ID83406 · 4 miles away59% similarcheaper homes ($34K less) · larger

Where Iona is

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Questions about Iona real estate

Is Iona a buyer’s or seller’s market?

A seller’s market: there were 2.2 months of supply in Iona, ID 83427 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 Iona?

The typical home went under contract in 23 days in the latest three months.

Do homes in Iona sell over asking?

0% of homes sold above their original list price.

What are property taxes in Iona?

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 Iona?

The median sale price was $473,795 in the three months ending August 31, 2026, about $173 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