The data is in for real estate in Valley County and from 2020 to 2021, prices have continued to climb.
The median home price over 12 months for 2020 was $480,000. In 2021, it jumped to $675,000, a 41% increase. That’s a significant increase in the growth rate over the last several years.
The median price is the point “halfway” number for sales. It means half of all homes sold above the amount, and half sold for below the amount.
The data comes from Intermountain Multiple Listing Service.