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Featured local agent — Menan, ID
Sarah Mitchell
Compass Real Estate · Menan, ID
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Menan, ID Housing Market
The typical home in Menan, ID is worth $419,980, rose 5.2% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $522,500, -24.8% year over year (through May 2026). With 1.0 months of supply and homes going under contract in about 114 days, Menan is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $419,980 home is about $2,159/mo in principal and interest.
Key numbers for Menan, ID
Typical home value
$419,980
+5.2% in 12 months
Zillow, July 2026
Median sale price
$522,500
-24.8% year over year
Redfin, through November 2025
Days on market
114
Slow-moving
Redfin, through November 2025
Active listings
2
1.0 months of supply
Redfin, through November 2025
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$70,417
Home costs 6.0x income
U.S. Census ACS, 2023
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Menan a buyer's or seller's market?
Menan, ID is a seller's market, based on 1.0 months of supply and homes selling in about 114 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Menan housing market data show?
Every row below is Redfin's final published month for Menan, ID. Redfin, through November 2025
| Metric | Value |
|---|---|
| Median sale price | $522,500 |
| Year-over-year price change | -24.8% |
| Median price per sq ft | $223/sq ft |
| Median days on market | 114 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Homes sold (that month) | 2 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Menan is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Menan is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Menan home prices moved?
Across the 23 months we hold for Menan, ID, the median sale price rose 22.9%, from $425,000 in June 2021 to $522,500. The live Zillow value series has rose 5.2% in the last 12 months, which is the more current read now that Redfin's series has stopped. 100.0% of Menan listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay.
Redfin, through November 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Menan?
Priced off the typical home value of $419,980 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $83,996 | $335,984 | $2,159/mo |
| 5% | $20,999 | $398,981 | $2,564/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,159, that implies roughly $92,534 a year before you add taxes and insurance. The median household in Menan earns $70,417, about $22,117 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Menan in the next 12 months?
Tell us your timeline. We send the Menan market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Menan?
Zillow does not publish a rent index (ZORI) for Menan, ID, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Menan?
Active listings in Menan, ID went from 1 in October 2021 to 2 in November 2025, a +100.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| May 2022 | 1 | 1 |
| July 2022 | 1 | not published |
| August 2023 | 1 | not published |
| September 2023 | 2 | 4 |
| October 2023 | 2 | not published |
| February 2024 | 1 | not published |
| May 2024 | 3 | 1 |
| August 2024 | 2 | not published |
| February 2025 | 1 | not published |
| July 2025 | 4 | not published |
| September 2025 | 4 | 1 |
| November 2025 | 2 | not published |
Redfin, through November 2025
How does Menan compare to Idaho and the U.S.?
Menan homes sell for $522,500 — 4% above the Idaho median of $503,400. Against the national median of $410,700, Menan runs 27% higher. Year-over-year, Menan moved -24.8% against Idaho's +1.3% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Menan, ID | $522,500 | -24.8% | 114 days |
| Idaho statewide | $503,400 | +1.3% | 35 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through November 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Menan
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 100.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $405 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $419,980 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Menan listing goes under contract in 114 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Your equity moved +5.2% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Menan varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Menan
There are currently 2 homes listed for sale in Menan, Idaho.
Active listings
2
Homes on market
Avg. days on market
114
Days until sale
How much do homes cost in Menan by property type?
How the Menan, ID market breaks down across single-family homes, condos and townhouses. Redfin, through November 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $522,500 | $223/sq ft | 2 | 114 days |
Who lives in Menan?
American Community Survey estimates for Menan. U.S. Census ACS, 2023
Population
863
Households
293
Median income
$70,417/yr
Median age
40.9 years
Owner-occupied
81.6%
Median home value
$249,300
Median gross rent
$1,313/mo
Mean commute
24.7 min
81.6% of occupied homes in Menan are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $249,300 against Zillow's $419,980 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Menan?
2 schools tracked · 518 students
The largest public schools serving Menan, ID by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MIDWAY ELEMENTARY SCHOOL
Grades PK-5 · 411 students
JEFFERSON HIGH SCHOOL
Grades 6-12 · 107 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Menan, ID?
Ordered by distance from Menan, not by size. Compare Menan side by side with any of them.
Menan housing market FAQ
Is Menan a buyer's or seller's market?
Menan, ID is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 114 days in the last month Redfin published (May 2026).
How much do homes cost in Menan?
The typical home in Menan, ID is worth $419,980 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $522,500, about $223 per square foot.
Is Menan cheaper than the rest of Idaho?
Menan's median sale price of $522,500 is 4% higher than the Idaho statewide median of $503,400, and 27% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Menan?
Homes in Menan, ID spent a median of 114 days on market before going under contract, versus 35 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Menan?
At the current 30-year fixed rate of 6.66%, 20% down on a $419,980 home is about $2,159 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $92,534 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $70,417.
Are home prices rising in Menan?
The typical home value in Menan, ID rose 5.2% over the last 12 months, from $399,336 to $419,980 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Menan?
Menan ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Menan?
That depends on your timeline, not on a headline. What the data says today: Menan, ID is a seller's market with 1.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $419,980, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.