March 6, 2024 – MyMarketPulse (mymarketpulse.com) just released the list of the Hottest Markets in Idaho for January 2024.
Where are homes selling fastest and at the best prices? Curious if there are markets in Idaho where there is a high demand for homes? MyMarketPulse took a deep dive into it, exploring where in Idaho the markets are the hottest.
What We Found
We looked at each county, pulling up the median sale prices sales volume from Redfin, focusing on counties with 25 or more home sales per month. We assign a MarketPulse score based on the three-month weighted average of home sales volume and sale prices versus previous twelve months. Counties were then ranked from highest to lowest based on this score.
The Highlights
In Idaho, the hottest-selling market is Elmore County, where the MarketPulse Score is 96 and the median sales price comes in at $350,000 with 25 homes sold.
On the flip side, Bonneville County sits at the bottom of the market with a MarketPulse Score of 81 with 68 homes sold.
Hottest Markets in Idaho
1. Elmore County. MarketPulse Score of 96
2. Bonner County. MarketPulse Score of 90
3. Ada County. MarketPulse Score of 89
4. Twin Falls County. MarketPulse Score of 88
5. Canyon County. MarketPulse Score of 88
For more information about the Idaho market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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