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Is Grace, ID 83241 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Grace is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply12.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$182▲ +20.2% vs. last year

The Grace housing market right now

In the three months ending August 31, 2026, 0% of homes in Grace, ID 83241 sold above their list price, the typical home went under contract in 46 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (154 days then) and the median sale price rose 32% to $398,777. Overall, Grace is more competitive than a year ago, so tougher for buyers.

Run the numbers for 83241

Prefilled for 83241Can I win this house?Multiple-offer likelihood for a listing Prefilled for 83241Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bancroft 83217Buyer’s market $52 /sq ftSoda Springs 83276Seller’s market $166 /sq ft Browse all markets →

Towns like Grace nearby

Find towns like Grace in other states →
Clifton, ID83228 · 27 miles away82% similarpricier homes ($77K more) · smaller Montpelier, ID83254 · 25 miles away80% similarpricier homes ($39K more) · larger Malad City, ID83252 · 37 miles away77% similarpricier homes ($56K more) · larger Soda Springs, ID83276 · 12 miles away74% similarpricier homes ($38K more) · larger

Where Grace is

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Questions about Grace real estate

Is Grace a buyer’s or seller’s market?

A buyer’s market: there were 12.8 months of supply in Grace, ID 83241 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Grace?

The typical home went under contract in 46 days in the latest three months.

Do homes in Grace sell over asking?

0% of homes sold above their original list price.

What are property taxes in Grace?

About 0.56% of a home’s value a year in Caribou County, or roughly $2,240 on a $400,000 home.

What is the median home price in Grace?

The median sale price was $398,777 in the three months ending August 31, 2026, about $182 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology