Driggs Housing Market Report December 2024•Teton County, Idaho

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Housing Prices in Driggs, ID

How much do homes in Driggs, ID cost?

Housing Market Conditions

Is Driggs, ID a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Driggs is a Buyer's Market

Difference Since December 2023

At the same time last year, Driggs was a Neutral Market.

Insight

Driggs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$735,000$420/SqFt
-$115,000
-13.5%

Based on all homes sold in the last 12 months

Insight

Homes in Driggs have sold for 13.5% less than they did a year ago.

Summary: The median home sold price in Driggs was $735,000 in December 2024, down 13.5% from last year, and the median price per square foot was $420.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$416K-
N/A
2$680K$635.5K
-6.5%
3$817K$687.5K
-15.9%
4$1.5M$1.8M
+23.3%
5$1.4M$1.3M
-6.0%

Summary: Driggs housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -6.5%. The home price for 3 bedroom homes decreased by -15.9%. The home price for 4 bedroom homes increased by +23.3%. The home price for 5 bedroom homes decreased by -6.0%.

Housing supply in Driggs, ID

How many homes are available in Driggs, ID?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
41Last MonthDec 2024
372 months agoNov 2024
+10.8 %
Change MoMNov – Dec

Summary: The Driggs real estate market had 41 homes for sale in Dec 2024, a 10.8 % increase compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthDec 2024
32 months agoNov 2024
0.0 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
277
0.0%
31517
+13.3%
468
+33.3%
599
0.0%

Summary: Driggs housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +13.3%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Driggs, ID cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Driggs, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Driggs in December 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Driggs, ID

How long does it take to sell a home in Driggs, ID?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

Most homes in Driggs are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 3 homes were sold in Driggs; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
354 DaysThis YearDec 2024
125 Days1 year agoDec 2023
+183.2 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Driggs had an average listing age of 354 days in Dec 2024, up by 183.2% compared to the previous year.

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Newest Listings in Driggs, ID

What homes are available in Driggs, ID?

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Nearby markets aren't available for Driggs, ID

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MLS Disclaimers and Copyright

Based on information from Teton MLS, for the period 01/01/2023 - 01/01/2025

IDXDISCLAIMER: Information provided through the Teton IDX Program is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties and individual consumers interested in purchasing. Properties displayed through the Teton IDX Program may be selected by and displayed by an IDX participant, who may not necessarily be the listing agent. Any information contained herein is deemed reliable, but not guaranteed and the Teton MLS is not responsible or liable for the information. © 2025 MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.