Is Menan, ID 83434 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Menan is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.3Under 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 market84Listing to accepted offer
Median price per sq ft$192▼ −15.3% vs. last year

The Menan housing market right now

In the three months ending August 31, 2026, 0% of homes in Menan, ID 83434 sold above their list price, the typical home went under contract in 84 days and there were 5.3 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. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (97 days then) and the median sale price fell 18% to $397,828. Overall, Menan is more competitive than a year ago, so tougher for buyers.

Nearby markets

Hamer 83425 — /sq ftLewisville 83431Seller’s market $208 /sq ftRigby 83442Seller’s market $183 /sq ftRoberts 83444Buyer’s market $173 /sq ft Browse all markets →

Where Menan is

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Questions about Menan real estate

Is Menan a buyer’s or seller’s market?

A balanced market: there were 5.3 months of supply in Menan, ID 83434 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 Menan?

The typical home went under contract in 84 days in the latest three months.

Do homes in Menan sell over asking?

0% of homes sold above their original list price.

What are property taxes in Menan?

About 0.45% of a home’s value a year in Jefferson County, or roughly $1,800 on a $400,000 home.

What is the median home price in Menan?

The median sale price was $397,828 in the three months ending August 31, 2026, about $192 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