Market Intelligence Report — ID-940

Blackfoot, ID

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-ID-09
As of the latest 2026 data
Cooling

Median Listing

$439K
-3.6% YoY

Pending Ratio

0.27
-2.8% YoY

Active Inventory

179
-2.7% YoY

Median DOM

53 Days
-11.4% YoY

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The Blackfoot, ID market is characterized as Cooling, with a pending ratio of 0.27 indicating demand absorption is lagging behind available supply. The median listing price has experienced a notable decline, registering a 3.6% decrease over the past year.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Blackfoot market right now.

Active listings have shown a slight contraction of 2.7% year-over-year, yet new listings have increased substantially by 30.4% over the same period. The median listing price has trended downward both month-over-month (-3.4%) and year-over-year (-3.6%), contributing to a generally softening price environment. The pending ratio has also declined by 2.8% year-over-year, indicating a slower pace of demand absorption compared to the prior year.

Historical Analysis

Market Trends

Median Price

$439K-3.4% MoM

Active Inventory

179-2.7% YoY

Days on Market

53-11.4% YoY

Sold Score™

47-2.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

47
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.27 and an increasing number of new listings, properties are remaining on the market longer, evidenced by median days on market at 53. This environment suggests that purchasers have increased latitude for negotiation, and price discipline is likely to be a significant factor in transaction success. The elevated price-reduced share of 23.4% further points to an environment where price adjustments are common.

Luxury Segment

While the median listing price has declined year-over-year, the average listing price has increased by 4.2% over the past year. This divergence, coupled with a slight year-over-year decline in median $/sqft of 1.0%, suggests a nuanced dynamic within the higher price tiers, potentially indicating some resilience or a shift in the composition of available luxury inventory.

Supply Dynamics

179 active listings represent the current floor, with new supply arriving at roughly 60 per month.

Pricing Pressure
23.4%

of active listings carry a price reduction, -0.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.0% year-over-year.

Absorption
0.27

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Blackfoot, ID? Homes here are taking 7 days less to sell than last year.

Buyers have leverage in Blackfoot, ID. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
27%
Median Days on Market
53 days
Inventory YoY
−3%

In a buyer's market, strategy beats timing. See how your home scores in Blackfoot, ID and what moves the number.

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Metro Demographics

Metro Area
Blackfoot, ID
CBSA Code
13940
State
ID
Analysis FAQ
  • What is the current market condition in Blackfoot?+

    As of the latest 2026 data, the Blackfoot metro is classified as Cooling. Pending ratio is 0.27 with median days on market at 53.

  • Are home prices dropping in Blackfoot?+

    Median listing price is $439K, -3.6% year over year. 23.4% of active listings carry a price reduction.

  • How fast are homes selling in Blackfoot?+

    The typical listing sits 53 days on market, a -11.4% change YoY. New listings are arriving at 60 per month.

  • What's happening in the Blackfoot luxury market?+

    While the median listing price has declined year-over-year, the average listing price has increased by 4.2% over the past year. This divergence, coupled with a slight year-over-year decline in median $/sqft of 1.0%, suggests a nuanced dynamic within the higher price tiers, potentially indicating some resilience or a shift in the composition of available luxury inventory.

  • Where can I find a trusted Blackfoot real estate expert?+

    Primpted maintains a vetted registry of Blackfoot agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 13940 · 36mo history