Blackfoot Real Estate Market Update: What's Happening Right Now (July 2026)

If you're thinking about buying or selling in Blackfoot, here's the honest, no-fluff breakdown of where the market stands as of this week.

The Short Version

Blackfoot is sitting in balanced-to-slightly-seller-favored territory right now, with 2.5 months of supply on the market. For reference, anything under 3 months typically still favors sellers, while 6 months is considered neutral. Homes are moving, prices are holding steady, and sellers are getting close to full asking price.

What's Currently For Sale

There are 69 active listings in Blackfoot right now, with an average asking price of $467,563. The bulk of that inventory sits in the $200k–$500k range, which lines up with what we're seeing buyers ask for most often — solid, move-in-ready homes in the mid-price tier.

Active listings are averaging 72 days on market. That's not a lightning-fast pace, but it's not sluggish either — it tells me buyers are still being thoughtful, comparing options, and not rushing into overpriced homes.

What's Under Contract

32 homes are currently pending, which works out to a 32% pending ratio — meaning about a third of everything on the market has an accepted offer. Pending homes are averaging $375,678, noticeably lower than the average active listing price. That gap is worth paying attention to: it suggests the homes getting snapped up quickly tend to be priced more realistically, while some of the pricier active listings may be sitting because they're priced ahead of the market.

What's Actually Sold — Last 3 Months

This is where the real story is. Over the past three months, Blackfoot has seen:

• 84 homes sold
• 28 homes sold per month, on average
• 54 days on market, on average, before going under contract
• 97.3% of original list price achieved at closing

Breaking down the pricing on those closed sales:

• Original list price averaged $370,242
• Final list price (after any adjustments) averaged $363,217
• Final sold price averaged $361,873

That means sellers are netting close to full value — homes are selling for about 97.9% of their final list price and 97.3% of their original ask. Translation: well-priced homes in Blackfoot are still commanding strong offers, but overpricing out of the gate is costing sellers time and, ultimately, money once they adjust.

What This Means If You're Selling

Price it right the first time. The data is pretty clear — homes that list close to true market value are selling faster and closer to full price. Homes that start too high tend to sit, get a price cut, and still end up settling near where they should have started. If you're weighing whether to list this summer, this is a solid window: inventory is still tight enough that well-prepared homes are getting serious attention.

What This Means If You're Buying

You've got a reasonable amount of selection with 69 active homes to choose from, and with 72 days average on market for active listings, you're not necessarily racing the clock on every single house. That said, the homes that are pending sold faster and at lower price points — a sign that the deals are still going to buyers who move decisively when the right home hits the market at the right price.

Bottom Line

Blackfoot remains a market where pricing discipline wins — for both buyers and sellers. If you want to talk through what this means for your specific situation, whether you're planning to sell this year or you're watching for the right opportunity to buy, I'm happy to walk through the numbers with you.

Market data as of July 7, 2026, provided by Chris Schmalz Real Estate Group, powered by PLACE, Keller Williams Realty East Idaho.