Is Victor, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Victor has remained a Seller's Market.
Key Takeaway
Victor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Victor, ID
How much do homes in Victor, ID cost?
Median Sold Price
$815,000
$469/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Victor have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Victor was $815,000 in April 2024, up 4.3% from last year, and the median price per square foot was $469.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $328.7K | $396K | +20.5% |
| 2 Bedrooms | $775K | $537.5K | -30.6% |
| 3 Bedrooms | $783.8K | $790K | +0.8% |
| 4 Bedrooms | $1.2M | $1.5M | +22.9% |
| 5+ Bedrooms | $1.0M | $1.1M | +10.8% |
Summary: Victor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.5%, 2 bedroom homes decreased by 30.6%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes increased by 10.8%.
Housing Supply in Victor, ID
How many homes are available in Victor, ID?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 38 | +18.8% |
Summary: The Victor real estate market had 38 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 4 | 7 | +75.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Victor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Victor, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Victor in April 2024, up by 120.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.
Days on Market for Victor, ID
How long does it take to sell a home in Victor, ID?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 138 Days | 138 Days | -0.0% |
Summary: Homes in Victor had an average of 138 days on market in Apr 2024, down by 0% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Victor are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 11 homes were sold in Victor; 0% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 64% of homes were sold over 90 days.
DISCLAIMER: Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton IDX Program may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton MLS is not responsible or liable for the information. © 2024 MLS.