MyMarketPulse (mymarketpulse.com) recently disclosed its May 2024 findings on the housing market conditions in Gem County, Idaho.
According to the latest data, Gem County’s Median Sale Price was pegged at $385,778, showing a decrease of 22.1% from the preceding month and a drop of 10.6% from the year before.
The region reported 20 home sales, marking a reduction of 20.0% from the prior month, and 16.7% decrease year-over-year.
Additionally, the Median Days on Market for listings was observed at 65 days, 30 days longer compared to the previous month and shorter by 66 days from last year.
The Market Pulse Score for Gem County comes in at 100, pointing to a flat trend within the local real estate market.
For more information about the Gem County, 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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