Low inventory levels continue to be a factor for the housing market across the nation, East Idaho has also been affected.  Prices continue to rise as the supply remains low.  When looking at the region of East Idaho, the median price range increased by 6.7% in 2017.  Some counties experienced higher price increases , Madison and Fremont Counties saw over an 11% increase in 2017 over 2016 prices while Bonneville experienced a 6% increase.

The number of homes sold has also increased by by a smaller percentage than previous years.  Overall the number of homes sold increased by 1.4%.  Bingham County was the county that had the highest growth rate at 15% while other counties averaged 1.6% increase. 

The most significant market indicator was the days on market.  Overall, the days on market averaged 57 in 2017 which was a 23% decrease over 2016.  Due to moderate demand and low inventory, if homes come on the market and were priced reasonable they sold relatively quick.   Madison County saw the largest change for days on market, in 2016 the average days on the market was 91, in 2017 that number dropped to 47...a 48% drop.

For a printable version of this table, click here