Analyzing the Real Estate Market of Pocatello, ID

The latest market report for Pocatello, ID reveals a stable real estate environment with the median list price for single-family homes at $425,000, holding steady from last month. The Market Action Index (MAI) is at 39, indicating a slight seller's advantage, with a slight increase in inventory to 153 properties.

A closer look at the details:

• Median Price of New Listings: $313,500

• Price per Square Foot: $187

• Average Days on Market: 93 days, with the median at 49 days

• Price Decrease: 27% of listings, signaling some negotiation room for buyers

• Price Increase: A modest 2%, reflecting a mostly stable pricing trend

• Relisted Properties: 11% of total inventory

• Median Rent: $1,199, which might interest investors