Is Rexburg, ID 83440 a buyer’s or seller’s market?

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

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.

Competition score36/ 100

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

Months of supply6.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$203▲ +0.5% vs. last year

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).

Nearby markets

Newdale 83436Seller’s market $99 /sq ftSugar City 83448Balanced $234 /sq ft Browse all markets →

Where Rexburg is

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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.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology