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Featured local agent — Banks, ID

Sarah Mitchell

CNESRESABR

Compass Real Estate · Banks, ID

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Banks, ID(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Banks, ID Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$380,000median sale price

How is the Banks, ID housing market right now?

The median home sale price in Banks, ID is $380,000. Homes sell in an average of 304 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of June 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Banks a buyer's or seller's market?

Leaning buyer's304 avg. days on market

Banks, ID is currently a leaning buyer's and homes selling in about 304 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

304

Average pace

Active listings

Sale-to-list

97.4%

Below asking

What does the Banks housing market data show?

Current housing market statistics for Banks, ID
MetricValue
Median sale price$380,000
Average days on market304 days
Sale-to-list price ratio97.4%
Median price per sq ft$247/sq ft
Homes sold (latest month)1
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Banks by property type?

How the Banks, ID market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Banks, ID
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$380,000$247/sq ft1304 days

Source: Redfin · Updated monthly

The Banks housing market is currently classified as a leaning buyer's with a median sale price of $380,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 304 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Banks

Explore homes currently listed for sale in Banks, Idaho across major real estate platforms.

Sale-to-list:97.4%

Who lives in Banks?

Population

0

Source: U.S. Census Bureau ACS

What is it like to live in Banks?

Banks is a vibrant community with a diverse population.

Overall, Banks offers a distinctive character that appeals to different lifestyle preferences.

Which cities are near Banks, ID?

Want a head-to-head view? Compare Banks side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Banks?

The median home sale price in Banks is $380,000, down 0.0% from last year.

How long do homes stay on market in Banks?

Homes typically spend 304 days on market before going under contract.

How much does a single-family home cost in Banks?

The median single-family home price in Banks, ID is $380,000 (about $247 per square foot).

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