Bonneville County Market Report January 2025

Home Prices Continue to Rise:

The median sales price of homes in Bonneville County increased to $415,500, marking a 21.6% rise compared to January 2024. Additionally, home prices increased 7.2% from the previous month, showing strong price growth in the local market.

Decline in Residential Sales:

A total of 70 homes were sold in January 2025, which represents a 20.5% decrease from the same time last year, when 86 homes were sold. Additionally, this is a 29.3% drop from the prior month, indicating a slowdown in home purchases at the beginning of the year.

Homes Selling Faster than Last Year:

The median number of days a home stayed on the market before selling was 44 days, which is a 10.8% decrease from January 2024. However, this is a 22.8% increase from the previous month, suggesting that while homes are selling faster than last year, there may have been a temporary slowdown compared to December 2024.

Inventory Levels Show Significant Growth:

The total number of active residential listings in Bonneville County reached 339, representing a 45.2% increase from the previous year. This suggests that more homeowners are listing their properties for sale. However, inventory saw a slight 2.9% decrease from the previous month, indicating a marginal dip in available homes.

To view the Southeast Idaho homes currently for sale, click here.