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BANKS, ID 83602

Real Estate Market Report  ·  Boise County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The BANKS, ID real estate market (83602) currently shows 4 active listings, with 1 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 38 days on market compared to 211 days last year.

The median listing price has fallen 57.9% year-over-year, from $1,374,500 to $578,675.

Whether you are buying or selling in BANKS, 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: 5  ·  Density: 0.1/mi²  ·  Median household income: $0

Typical home value: $0  ·  Homeownership: 100.0%

Market Overview

Active Listings
4
⇧ 100% vs 2 last year
Pending
1
25% pending ratio
Median Price
$578,675
⇩ 57.9% vs $1,374,500 last year
Average Price
$782,054
⇩ 43.1% vs $1,374,500 last year
Days on Market
38
⇩ 82% vs 211 days last year

Price Per Square Foot

Median $/sqft
$271
⇩ 56.2% vs $619/sqft last year
Median Home Size
2,642 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 2 last year
  • Days on market: 38 now vs 211 last year

Median & Average Pricing

Year over Year
  • Median: $578,675 (-57.9% YoY)
  • Average: $782,054 (-43.1% 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 38.3 miles — 920 listings ($717,275,724 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
83670Sweet, ID 836709.5 mi2$2,085,000$1,042,500$1,042,500
83666Placerville, ID 8366612.8 mi2$844,000$422,000$422,000
83622Garden Valley, ID 8362213.0 mi40$36,043,600$637,500$901,090
83631Idaho City, ID 8363123.8 mi6$3,337,350$457,450$556,225
83714Garden City, ID 8371426.4 mi206$198,302,810$799,900$962,635
83645Midvale, ID 8364527.4 mi4$4,076,152$565,575$1,019,038
83702Boise, ID 8370229.6 mi67$69,413,876$750,000$1,036,028
83669Star, ID 8366931.4 mi278$222,959,058$681,873$802,011
83632Indian Valley, ID 8363232.7 mi2$1,350,416$669,225$675,208
83704Boise, ID 8370433.1 mi77$39,074,805$449,973$507,465
83655New Plymouth, ID 8365533.4 mi32$22,147,136$492,425$692,098
83706Boise, ID 8370635.0 mi71$40,639,974$521,175$572,394
83709Boise, ID 8370938.3 mi133$77,001,547$522,500$578,959

Frequently Asked Questions

How many homes are for sale in BANKS, ID 83602?

As of July 2026, there are 4 active listings in BANKS, ID (zip code 83602), compared to 2 the prior year.

What is the median home price in BANKS, ID 83602?

The median listing price in BANKS, ID 83602 is $578,675 as of July 2026, a 57.9% decrease from $1,374,500 the prior year.

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

Homes in BANKS, ID 83602 spend an average of 38 days on the market before going under contract, compared to 211 days the prior year.

Is it a seller's or buyer's market in BANKS, ID 83602?

Based on current inventory and days-on-market data as of July 2026, BANKS, ID 83602 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 38 days on market compared to 211 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BANKS, ID 83602 save an estimated $11,574 compared to a typical 5% commission on the median listing price of $578,675. 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.