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IDAHO FALLS, ID 83406

Real Estate Market Report  ·  Bonneville County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The IDAHO FALLS, ID real estate market (83406) currently shows 86 active listings, with 30 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 37 days on market compared to 43 days last year.

The median listing price has fallen 9.4% year-over-year, from $529,573 to $480,000.

Whether you are buying or selling in IDAHO FALLS, ID, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,251  ·  Density: 232.1/mi²  ·  Median household income: $77,958

Typical home value: $295,451  ·  Homeownership: 72.6%

Market Overview

Active Listings
86
⇧ 7.5% vs 80 last year
Pending
30
35% pending ratio
Median Price
$480,000
⇩ 9.4% vs $529,573 last year
Average Price
$635,949
⇧ 0.1% vs $635,514 last year
Days on Market
37
⇩ 14% vs 43 days last year

Price Per Square Foot

Median $/sqft
$183
⇧ 4% vs $176/sqft last year
Median Home Size
3,029 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 86 this year vs 80 last year
  • Days on market: 37 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $480,000 (-9.4% YoY)
  • Average: $635,949 (+0.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 44.2 miles — 839 listings ($519,663,282 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
83406Idaho Falls, ID 834060.0 mi85$56,490,320$579,750$664,592
83401Idaho Falls, ID 834017.4 mi179$85,974,953$414,750$480,307
83427Iona, ID 8342710.7 mi10$4,803,430$481,225$480,343
83442Rigby, ID 8344214.3 mi112$67,511,472$575,000$602,781
83431Lewisville, ID 8343118.0 mi3$1,725,000$575,000$575,000
83434Menan, ID 8343422.3 mi5$3,630,625$784,750$726,125
83440Rexburg, ID 8344026.5 mi79$53,390,649$550,000$675,831
83448Sugar City, ID 8344830.7 mi23$10,674,116$434,000$464,092
83451Teton, ID 8345133.1 mi2$739,000$369,500$369,500
83438Parker, ID 8343837.1 mi1$325,000$325,000$325,000
83202Pocatello, ID 8320238.5 mi100$44,476,400$394,750$444,764
83422Driggs, ID 8342239.3 mi77$120,918,875$899,125$1,570,375
83201Pocatello, ID 8320144.2 mi163$69,003,442$365,475$423,334

Frequently Asked Questions

How many homes are for sale in IDAHO FALLS, ID 83406?

As of March 2026, there are 86 active listings in IDAHO FALLS, ID (zip code 83406), compared to 80 the prior year.

What is the median home price in IDAHO FALLS, ID 83406?

The median listing price in IDAHO FALLS, ID 83406 is $480,000 as of March 2026, a 9.4% decrease from $529,573 the prior year.

How long do homes stay on the market in IDAHO FALLS, ID?

Homes in IDAHO FALLS, ID 83406 spend an average of 37 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in IDAHO FALLS, ID 83406?

Based on current inventory and days-on-market data as of March 2026, IDAHO FALLS, ID 83406 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 43 days last year.

How much can I save on real estate commission in IDAHO FALLS, ID?

With SELL123.com's maximum 3% commission, sellers in IDAHO FALLS, ID 83406 save an estimated $9,600 compared to a typical 5% commission on the median listing price of $480,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.