Is Terreton, ID 83450 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Terreton housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Jefferson County, ID

Population	1,207
Median income	$70,046
Average income	$81,742
Median home value	$231,300
Median rent	$900/month
Owner-occupied	59% of homes
Median year built	1975

Natural hazard riskWinter storms (very high), extreme heat (relatively high), wildfire (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 83450; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 83450

Prefilled for 83450Can I win this house?Multiple-offer likelihood for a listing Prefilled for 83450Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Hamer 83425 — /sq ft Lewisville 83431Seller’s market $208 /sq ft Menan 83434Balanced $192 /sq ft Rigby 83442Seller’s market $183 /sq ft Browse all markets →

Towns like Terreton nearby

Find towns like Terreton in other states →

Roberts, ID83444 · 18 miles away77% similarpricier homes ($32K more) · 7 min longer commute Lewisville, ID83431 · 24 miles away71% similarolder residents · more homeowners Menan, ID83434 · 24 miles away65% similarpricier homes ($46K more) · larger Saint Anthony, ID83445 · 36 miles away64% similarpricier homes ($53K more) · larger

Where Terreton is

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Questions about Terreton real estate

What are property taxes in Terreton?

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

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More tools for 83450

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Jefferson County property taxes Jefferson County loan limits Closing costs in Idaho Hottest ZIP codes in Idaho

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