Idaho Real Estate Market in 2021: Forecasts + Trends

Clever Real Estate

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Clever Real Estate

October 1st, 2021
Updated October 1st, 2021

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Idaho real estate trends

Real estate trends in Idaho | Sellers | Buyers | Investors | The best and worst of Idaho | Idaho resources

Idaho real estate trends (October 2021)

How is the real estate market in Idaho?
🏠 Average home value: $414,890
📈 3.68% home value increase month over month
💰 Median sale price: $447,000
⏳ 39 days on the market
🔑 Homes on the market: 5,429
📆 0.9 months of housing inventory
🏦 30-year mortgage rate: 2.98%
💵 Average income: 81275
State of the market: A
The last census found that Idaho is the second-fastest growing state, and the housing market reflects that. Home values are increasing, and since there’s very little inventory, homes are flying off the market.
*Data last updated October 2021

Idaho is famous for its bountiful potato crop — but that's not all it has to offer. In recent years, it's become a major destination for new residents who are drawn to the Gem State's rugged Rocky Mountains and scenic river basins.

Across Idaho, residents can choose between plenty of communities with top-rated public schools and abundant opportunities for outdoor recreation. Its biggest cities include Boise City, Meridian, and Nampa, to name a few.

Idaho also has its share of fun quirks. For example, it has one of the world's richest veins of star garnet, plus deposits of more than 70 other precious and semi-precious gems. In Boise, the State Capitol Building is the only one in the nation heated by geothermal hot springs.

If you're thinking of buying or selling in Idaho, these Idaho housing predictions and stats can help you make an informed decision.

Want to save money when you buy or sell your home? With Clever, you'll only pay 1% or $3K in listing fees. Eligible buyers get 0.5% cash back after closing. Find out how much you can save with Clever today!

Selling a home in Idaho

Idaho real estate market forecast for sellers
⏰ Homes are selling 3 days faster than the annual average
💰 Homes are selling for $33,539 more than the annual average
💸 Average listing commission: 2.78%
💸 Average buyer's commission: 2.78%

How to sell a home in Idaho

Cost to sell a home in Idaho

💰 Save thousands on realtor fees with Clever

List with the best agents in your area for just $3,000 or 1%. On average, Clever sellers save $9,000 on commission!

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Buying a home in Idaho

How much home you can buy with $300,000 in...
🏠 Boise: 1,081 sq ft
🏡 Idaho Falls: 1,808 sq ft
🏡 Coeur D'alene: 908 sq ft
🏠 Twin Falls: 1,438 sq ft

Investing in Idaho real estate

Best of Idaho

Each month, we compare cities in Idaho based on different criteria. This month, we're looking at affordability and ranking the best cities in the state.

Most Affordable Cities in Idaho
1. Pocatello
2. Idaho Falls
3. Lewiston

Ready to buy a home in Idaho? Eligible buyers get cash back with Clever!

Worst of Idaho

Each month, we compare cities in Idaho based on a different criteria. This month we're looking at affordability data. These are the cities that ranked the worst in the state.

Least Affordable Cities in Idaho
1. Coeur d'Alene
2. Boise City
3. Twin Falls

Idaho resources

👋 Next Steps: Talk to an expert!

If you're weighing your options for buying or selling a house, Clever can help!

Our fully-licensed concierge team is standing by to answer questions and provide free, objective advice on getting the best outcome with your sale or purchase.

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Give us a call at 1-833-2-CLEVER or enter your info below. Our concierge team will be in touch shortly to help.

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Methodology

Clever's analysis of state market trends is based on local data from Zillow, realtor.com, Redfin, S&P Global, the U.S. Census, and Clever surveys. Our team of over 20 real estate analysts from across the country research local markets and data to compile our "Best" and "Worst" rankings.

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