Idaho Falls Real Estate
Welcome to the online home of Mike Hicks and his expert team of Idaho Falls REALTORS®! Search featured listings on our website for the entire Idaho Falls real estate area. We have buyer and seller resources, consultations, home evaluations and affiliates that can help you with your borrowing needs. Browse our listings or search all Idaho Falls homes for sale and listings in the surrounding areas such as Ammon, Rigby, Shelley and Swan Valley. These services are offered for free and without obligation. Why? In Mike’s own words: “I want to be YOUR real estate agent. You can contact me and my team of real estate experts with total confidence that you are in honest, reliable hands."
Need local real estate information? Mike has summarized much of what is important about the Idaho Falls real estate market in this site.
Need expert advice? No website, large or small, can take the place of a top real estate agent. Not even Mike’s! This site is filled with ways that you can contact Mike and his team of REALTORS® for one-on-one expert help and advice.
If you cannot find information that you’re looking for on our website, please email or call us at (208) 227.5320. More than likely we’ll have the answer that you’re looking for, and if we don’t we’ll research it for you right away.
Meet the Mike Hicks Team
Mike - Real estate agent and Tennessee native Mike Hicks brings 22+ years of experience and a dash of southern hospitality to the task of helping over 2,500 families with their Idaho Falls real estate needs. It is a testimony to his character and professional strengths that over 90 percent of Mike's business is referred or repeat.
Susan - Susan Allred has called southeast Idaho home for most of her life. A real estate professional for many years, she is a highly experienced and effective negotiator. While working with buyers and sellers and guiding them through the process is very exciting and rewarding for Susan, she will tell you that her main goal "is seeing happy buyers and sellers when the deal is done".
Nikki - Nikki Marcovitz was born and raised in Idaho Falls. She has been in the real estate industry for 8 years and is as excited and committed as the first day she started. In her words: “I would consider it a privilege to provide you with the utmost service, integrity and honesty that you deserve.”
Some Great Things to Know About Idaho Falls:
With its abundant outdoor recreational offerings and an economy bolstered by diverse industries, the city of Idaho Falls ID reigns as an urban hub for residents of eastern Idaho and neighboring western Wyoming, and a scenic offering for those seeking Idaho Falls real estate.
Browse Home Listings in our Local Communities
The city serves as county seat of Bonneville County, and boasts a city population of approximately 60,000 and a county population of approximately 105,000. Its rich heritage began in 1865 when it became the site of a newly constructed toll bridge across the Snake River, a waterway that continues to dominate the city's geography and economy today for those interested in Idaho Falls real estate. The bridge provided easier travel for settlers, miners, freighters and others seeking a better life from a region with freshly discovered gold fields dotting its landscape.
The arrival of the railroad the following decade brought growth and opportunities for the community, now known as Eagle Rock. Homesteaders followed, the first customers for Idaho Falls real estate, and soon new infrastructure turned the city into a commercial center for agriculture just as the railroad's economic influence began to fade.
The city adapted its current name of Idaho Falls in 1891, in honor of the rapids flowing beneath the bridge that were later enhanced to falls with the construction of a hydroelectric power plant.
The region's landscape made a drastic shift in 1869 with the construction of what became the world's largest irrigation canal, diverting enough water from the Snake River to convert tens of thousands of acres of unproductive desert into lush, productive farmland, establishing Idaho Falls real estate as one of the country's primary agricultural regions.
Today, that strong agricultural base that continues to be a part of Idaho Falls real estate has been augmented by a number of other industries, including energy, health care and travel. The city supports a strong business community, as well as a regional medical center.
Median household income for the area, which was $42,868 in 2011, has been enhanced over the decades by the 1948 establishment of the area's National Reactor Testing Station, now known as the Idaho National Laboratory, which serves as a leading employer in the Idaho Falls real estate area.
In addition to the strong geographical dominance of the Snake River, the area is home to the Grand Teton National and Yellowstone National Parks, and the combined recreational activities offered have earned the city a spot on National Geographic's list of "100 Best Adventure Towns," a label of note to those seeking Idaho Falls real estate.
Current Real Estate Trends
As occurred with the depressed national economy, Idaho Falls median home prices took a dip from just over $160,000 to about $120,000. However, the area’s relatively stable local economy cushioned it from more significant real estate value losses shouldered by other areas of the country outside of Idaho Falls real estate. Currently, the median number of days a listed property remains on the market is 60, significantly lower than the national average.
Home sales for July 2013 were down about 10 percent in Idaho Falls real estate compared with the previous month, representing a bit of summer slump, but still up a significant 64 percent compared with a year earlier. Median sale price for non-distressed homes in Idaho Falls ID real estate was $164,500, while that of foreclosed homes was about 26 percent lower at about $121,000.
Over the last 12 months, median sales price for Idaho Falls real estate hovered at about $124,500. In the week ending Sept. 4, 2013, the average listing price for homes in the metropolitan area was $201,396, an increase of 1.6 percent from the previous week. Average price per square foot for Idaho Falls homes for sale is $38, a decrease of 68.6 percent from a year ago.
Call us at (208) 227.5320 or email us. Buying or selling a home is one of the biggest events in your life. As a top Idaho Falls real estate agent, Mike, along with his team, has the experience and track record you are looking for and wants to help you find the right property for you!
The information being provided by the Snake River MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.