Blackfoot, ID metro area Housing Market

Cool Market

Comprehensive housing market data for the Blackfoot, ID metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$360K

2.7% YoY

Days on Market

70 days

42.9% YoY

Active Inventory

148

20.3% YoY

Homes Sold

40

25.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Blackfoot, ID metro area Market Summary

The Blackfoot, ID metro area housing market is cooling down. As of March 2026, the median home sale price is $360K, up 2.7% year-over-year. Homes are spending a median of 70 days on the market, 42.9% longer than a year ago.

There are 148 homes for sale — 20.3% more than last year. With 3.7 months of supply, this is a seller's market. 63 new listings were added during this period, up 31.3% year-over-year.

0.0% of homes sell above their asking price. 29.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 3.7
Days on Market 70
Price Drops 29.1%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 17.7%
Days on Market (National: 55) 27.3%
Inventory (National: 1,314,690) 100.0%

vs. Idaho Median

Median Price (Idaho: $476K) 24.4%
Days on Market (Idaho: 68) 2.9%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 18% below the national median, which could indicate stronger cash flow potential.

Blackfoot, ID metro area Market Trends

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Detailed Market Metrics

Median List Price

$405K

Price per Sq Ft

$163

Sale-to-List Ratio

N/A

Months of Supply

3.7

Sold Above List

0.0%

Price Drops

29.1%

New Listings

63

31.3% YoY

Pending Sales

68

Off Market in 2 Weeks

25.0%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.