Is Rexburg, ID 83440 a buyer’s or seller’s market?
Rexburg is a buyer’s market. With about 6.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 34% of U.S. ZIP codes, and #47 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 Rexburg housing market right now
In the three months ending August 31, 2026, 0% of homes in Rexburg, ID 83440 sold above their list price, the typical home went under contract in 26 days and there were 6.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 67 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (35 days then) and the median sale price rose 7% to $428,814. Overall, Rexburg is more competitive than a year ago, so tougher for buyers.
On our competition score, Rexburg ranks #47 of 69 ID ZIP codes with enough sales (score 36 out of 100).
Run the numbers for 83440
Nearby markets
Newdale 83436Seller’s market $99 /sq ftSugar City 83448Balanced $234 /sq ft Browse all markets →Towns like Rexburg nearby
Find towns like Rexburg in other states →Where Rexburg is
Loading map…
Questions about Rexburg real estate
Is Rexburg a buyer’s or seller’s market?
A buyer’s market: there were 6.2 months of supply in Rexburg, ID 83440 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 Rexburg?
The typical home went under contract in 26 days in the latest three months.
Do homes in Rexburg sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Rexburg?
About 0.48% of a home’s value a year in Madison County, or roughly $1,920 on a $400,000 home.
What is the median home price in Rexburg?
The median sale price was $428,814 in the three months ending August 31, 2026, about $203 per square foot.
Local agents
See all agents in 83440 →No sponsored agents in 83440 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 83440
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology