Inventory in Payette County has been edging slightly lower, with 141 active listings in April, down a bit from last year and sitting below the statewide months-of-supply level of 2.9 months. Contract activity has been solid, as 42 homes sold in April, up sharply from March, while 47 properties went under contract, representing a double-digit increase in pending sales compared with a year ago.
Pricing has been adjusting upward as this activity flows through the market, with the typical home value around $401,000, up both month over month and year over year, while the median list price is holding just over $400,000. Sellers are often pricing close to where homes ultimately trade, shown by an average sale-to-list ratio just under 99 percent and a modest share of homes, about one in five, closing above their asking price.
Timing has become more nuanced, as the median days on market stretched to 73 days in April, markedly higher than a year earlier even as months of supply dropped to just over two months, reinforcing Payette County’s status as a seller’s market. These crosscurrents suggest buyers need to track which homes are moving quickly while sellers must read demand carefully to position their listings well, and Agent Pronto can connect both buyers and sellers with a local agent who understands these dynamics.
