Your April Magic Valley Real Estate Update

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Spring is in full swing here in Twin Falls, and so is the Magic Valley real estate market. April brought a fresh wave of activity, giving us a clearer view of buyer behavior, seller confidence, and pricing trends. Whether you’re planning to list, shop, or simply stay informed, here’s what the latest numbers mean for you.

What You Need to Know About Magic Valley Real Estate in April:

Number of Residential Sales

n April 2025, 99 single-family homes were sold across Twin Falls County. That’s a slight increase from April 2024, marking a 5.3% year-over-year jump in total sales. Of those:

  • 79 were existing homes (↑11.3% from last year)

  • 20 were newly constructed (↓13% from last year)

This uptick in overall sales—especially for existing homes—shows that buyers are still active, even as affordability and interest rates remain top of mind. New construction saw a small dip, but that’s likely tied more to longer build times or delayed completions than a drop in interest.

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Months of Inventory (MOI)

Twin Falls had 390 active listings in April, and with 99 homes sold, that gives us about 3.94 months of inventory.

What does this mean?

A balanced market typically hovers between 4 and 6 months of inventory. We’re just under that threshold—still leaning slightly in favor of sellers, but with more breathing room than in previous years.

Compared to 282 listings this time last year, Magic Valley real estate inventory has grown by nearly 40%, offering buyers more selection and reducing some of the urgency we’ve seen in past spring markets.

New Listings

Fresh inventory is hitting the market—and fast. April saw:

  • 100 newly constructed listings, up from 84 in April 2024

  • 290 existing residential listings, up from 198 last year

This surge in listings is a strong signal of seller confidence. After a slow start to the year, more homeowners (and builders) are stepping forward to meet buyer demand. With 147 pending contracts by the end of the month, that new inventory is being met with plenty of interest.

Average Sales Price

Home prices are holding steady—and that’s good news for both buyers and sellers looking for stability. Here’s where the numbers landed:

  • Overall average sales price: $400,737 (basically unchanged year-over-year)

  • Existing homes: $390,066 (↑2.8%)

  • New construction: $463,622 (↑4.4%)

While prices for resale homes remained stready, new construction prices continued to rise more rapidly. This reflects both the higher cost of building materials and the demand for modern layouts and energy efficiency. Importantly, the median price across all homes is up 2.5%, showing a healthy (and sustainable) level of appreciation.

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Days on Market

How long are homes sitting before they go under contract?

  • Overall average: 74 days

  • Existing homes: 68 days

  • New construction: 99 days

Buyers are moving quicker on existing homes, often because they’re ready for immediate occupancy. Meanwhile, new builds continue to take longer, sometimes due to pre-sale phases or final construction timelines. Still, both timelines are longer than they were just a few years ago, showing a market that’s active—but no longer frantic.

What This Means For You

In conclusion:

  • Buyers: There’s more to choose from, and prices have leveled off. That gives you some negotiating power—but be ready to act when you find the right fit.

  • Sellers: Inventory is rising, but well-priced homes are still moving. If your home is prepped and priced correctly, you can expect solid interest this season.

  • Investors/Builders: Demand for new construction remains, but longer market times mean product-market fit and price points matter more than ever.

Whether you’re buying, selling, or simply staying informed, understanding the numbers is your first step. Want a customized market analysis or just curious what your home might sell for? Let’s connect and talk strategy.

📞 Call, email, or text anytime. I’m here to help you navigate the Twin Falls market with confidence.

Hi, I'm Sabrina!

I’m your local Twin Falls real estate agent and soon-to-be friend in real estate! Whether you’re selling or buying, I am here to help my clients achieve their real estate goals. Through strong client advocacy, skillful marketing techniques, exceptional communication, and proven systems, I strive to make my client’s experience as smooth and stress-free as possible.

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