Bonneville County Market Report February 2025

Coldwell Banker Tomlinson · 8 months ago · 87 views

Home Prices Decline from Last Month but Remain Higher Year-Over-Year:The median home price in Bonneville County was $395,000 in February 2025, reflecting a 6.8% increase from February 2024 but a 5.1% decline from January 2025. This suggests a slight market correction after recent price growth. Home Sales Increase from January but Drop Compared to Last Year:A total of 101 homes were sold in February 2025, marking a 36.3% increase from January, indicating stronger buyer activity. However, this is still 13.8% lower than February 2024, showing a slower market compared to last year. Inventory Continues to Grow:The number of active residential listings rose to 353, a 50.4% increase from last year and a 4% increase from January. This suggests that more sellers are entering the market, giving buyers more options. Homes Taking Longer to Sell:The median days on market increased to 51 days, up 2% from last year and 14.7% from January, indicating that homes are staying on the market longer as inventory grows. To view the Southeast Idaho homes currently for sale, click here.