Sun Valley, ID 83353 Real Estate Market Report

ZIP Code: 83353
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the Sun Valley real estate market is characterized by a median sold price of $3,658,000, reflecting a notable shift in market dynamics. The market has experienced a down trend in pricing, indicating a decreased buyer interest compared to previous periods. With a median days on market of 593, properties are taking significantly longer to sell, suggesting a slower sales velocity and potential pricing friction in the current environment.

Despite the cooling market conditions, there remains a strong rental demand, with rents trending up year-over-year. This indicates that while property sales may be slowing, the rental market is still robust, supported by a local economy that shows underlying strength. The property tax rate stands at 0.63%, which may influence buyer decisions in this cooling market.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Sun Valley, ID are approximately 6.4% compared to around 5.2% in early 2026, representing a significant increase for property owners.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $3,658,000 reflects a significant down trend in pricing, indicating potential challenges for sellers in achieving previous valuations.

2. With median days on market at 593, the market is experiencing slower sales velocity, suggesting that buyers are taking more time to make purchasing decisions.

3. The market temperature is currently cold, which may indicate a buyer-favored environment with elevated inventory levels relative to sales activity.

4. Despite the cooling sales environment, rental demand remains strong, with rents trending up, highlighting a divergence between the sales and rental markets.

5. Current interest rate pressure is moderate, with mortgage rates around 6.4%, which may further impact buyer affordability and market activity.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.