Is Stanley, ID 83278 a buyer’s or seller’s market?
Stanley is a seller’s market. With about 1.6 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Stanley housing market right now
In the three months ending August 31, 2026, 25% of homes in Stanley, ID 83278 sold above their list price, the typical home went under contract in 8 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold about as fast and the median sale price fell 31% to $987,073. Overall, Stanley is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Mackay 83251 (0% sold over asking) or Clayton 83227 (0% sold over asking).
Run the numbers for 83278
Nearby markets
Challis 83226Balanced $146 /sq ftClayton 83227 $347 /sq ftMackay 83251Balanced $286 /sq ft Browse all markets →Where Stanley is
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Questions about Stanley real estate
Is Stanley a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Stanley, ID 83278 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 Stanley?
The typical home went under contract in 8 days in the latest three months.
Do homes in Stanley sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Stanley?
About 0.29% of a home’s value a year in Custer County, or roughly $1,160 on a $400,000 home.
What is the median home price in Stanley?
The median sale price was $987,073 in the three months ending August 31, 2026, about $861 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