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IDAHO FALLS, ID 83406

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The IDAHO FALLS, ID real estate market (83406) currently shows 85 active listings, with 32 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 39 days on market compared to 47 days last year.

The median listing price has risen 28.5% year-over-year, from $451,225 to $579,750.

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
85
⇧ 9% vs 78 last year
Pending
32
38% pending ratio
Median Price
$579,750
⇧ 28.5% vs $451,225 last year
Average Price
$664,592
⇧ 10.1% vs $603,516 last year
Days on Market
39
⇩ 17% vs 47 days last year

Price Per Square Foot

Median $/sqft
$195
⇧ 12.7% vs $173/sqft last year
Median Home Size
3,240 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 85 this year vs 78 last year
  • Days on market: 39 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $579,750 (+28.5% YoY)
  • Average: $664,592 (+10.1% 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 39.0 miles — 598 listings ($329,897,227 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
83406Idaho Falls, ID 834060.0 mi85$55,275,925$492,500$650,305
83401Idaho Falls, ID 834017.4 mi173$82,130,885$424,900$474,745
83427Iona, ID 8342710.7 mi6$3,284,700$524,950$547,450
83402Idaho Falls, ID 8340213.4 mi98$38,444,420$355,000$392,290
83442Rigby, ID 8344214.3 mi109$66,637,041$578,475$611,349
83431Lewisville, ID 8343118.0 mi3$2,137,500$712,500$712,500
83434Menan, ID 8343422.3 mi3$2,039,499$780,000$679,833
83440Rexburg, ID 8344026.5 mi83$55,397,022$560,000$667,434
83448Sugar City, ID 8344830.7 mi24$10,653,336$359,000$443,889
83451Teton, ID 8345133.1 mi2$739,000$369,500$369,500
83450Terreton, ID 8345037.0 mi2$960,000$480,000$480,000
83436Newdale, ID 8343637.3 mi1$424,900$424,900$424,900
83428Irwin, ID 8342839.0 mi9$11,772,999$990,000$1,308,111

Frequently Asked Questions

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

As of February 2026, there are 85 active listings in IDAHO FALLS, ID (zip code 83406), compared to 78 the prior year.

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

The median listing price in IDAHO FALLS, ID 83406 is $579,750 as of February 2026, a 28.5% increase from $451,225 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 39 days on the market before going under contract, compared to 47 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 February 2026, IDAHO FALLS, ID 83406 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 days on market compared to 47 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 $11,595 compared to a typical 5% commission on the median listing price of $579,750. 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.