The Twin Falls housing market is off to a strong start in 2025, showing steady growth in home sales, rising prices, and a competitive inventory landscape. While the market remains favorable for sellers, buyers are still finding opportunities—especially in the new construction sector.
If you plan to buy or sell a home this year, understanding these market trends will help you make informed decisions. Let’s break down the latest data and what it means for you.
What You Need to Know About the Twin Falls County Market:
Number of Residential Sales
January 2025 recorded 75 home sales, an 8.7% increase compared to January 2024. More buyers are entering the market despite seasonal trends that usually bring slower activity.
What This Means:
•For Buyers: The market remains competitive, meaning desirable homes won’t last long. Having financing in place and working with an experienced agent can help you stay ahead.
•For Sellers: More sales indicate continued demand, making this a great time to list your home while buyer activity remains high. A well-priced, well-presented home could attract multiple offers.
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Months of Inventory (MOI)
With 309 active residential listings and 2.87 Months of Inventory, the Twin Falls housing market continues to lean in favor of sellers. While inventory has increased slightly compared to December, buyer demand remains strong enough to keep the market competitive.
What This Means:
•For Buyers: With inventory still limited, expect competition for well-priced homes. Expanding your search criteria, acting quickly, and having a pre-approval in place can improve your chances of securing a home.
•For Sellers: A low inventory market means less competition and more motivated buyers. However, as more homes come onto the market in the spring, early-year sellers may benefit from listing now.
New Listings
•New Construction Listings: 96 new homes, staying consistent with last year.
•Existing Home Listings: 213 active listings, a slight increase from January 2024.
While this increase is promising, it’s still not enough to shift the market toward buyers just yet. Inventory remains lower than historical averages, keeping conditions favorable for sellers.
What This Means:
•For Buyers: A slight increase in listings means more choices, but competition remains strong. Be prepared to make quick decisions and consider new construction options.
•For Sellers: More listings mean more competition, so strategic pricing and home presentation are key. The homes that sell fastest are well-staged, well-marketed, and competitively priced.
Average Sales Price
• Overall Average Price: $416,966, up 5.6% year-over-year.
•Existing Homes: $421,822, up 12.3%, showing strong appreciation.
•New Construction: $400,397, down 15% compared to last year.
Interestingly, the drop in new construction prices suggests that builders have been adjusting their pricing strategies to attract buyers, including offering smaller homes and lot options.
What This Means:
•For Buyers: Prices are rising, making early 2025 a better time to buy before further appreciation. New construction homes may offer better deals or builder incentives.
•For Sellers: Rising prices mean stronger equity. If you’re considering selling, now could be a great time to capitalize on increased home values.
Days on Market
• Overall Days on Market (DOM): 69 days, down from 81 last January.
•Existing Homes: 65 days, up slightly from 57 days in January 2024.
•New Construction: 83 days, significantly lower than the 173-day average from last year.
This decline in market time, particularly for new construction, shows that homes are moving faster than before, reinforcing strong demand.
What This Means:
•For Buyers: Act decisively when you find the right home—delaying could mean missing out.
•For Sellers: Faster market times indicate healthy buyer activity, but homes that linger may need price adjustments or better marketing strategies.
Thinking of Buying or Selling? Let’s Talk!
The Twin Falls housing market remains dynamic, and whether you’re buying or selling, having an expert on your side makes all the difference.
Ready to make a move? Let’s connect and discuss how we can achieve your real estate goals in 2025!
*Statistics and data from IMLS.
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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