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Is Lapwai, ID 83540 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Lapwai is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.3%Sold price ÷ list price
Median days on market75Listing to accepted offer
Median price per sq ft$256▼ −20.0% vs. last year

The Lapwai housing market right now

In the three months ending August 31, 2026, 0% of homes in Lapwai, ID 83540 sold above their list price and the typical home went under contract in 75 days. With only 3 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 (84 days then) and the median sale price fell 20% to $449,805. Overall, Lapwai is more competitive than a year ago, so tougher for buyers.

Within Nez Perce County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Culdesac 83524 (100% sold over asking) and Lewiston 83501 (21% sold over asking) are even more competitive.

Run the numbers for 83540

Prefilled for 83540Can I win this house?Multiple-offer likelihood for a listing Prefilled for 83540Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Culdesac 83524Balanced $168 /sq ftJuliaetta 83535Seller’s market $272 /sq ftLenore 83541Seller’s market $277 /sq ftLewiston 83501Seller’s market $224 /sq ft Browse all markets →

Towns like Lapwai nearby

Find towns like Lapwai in other states →
Orofino, ID83544 · 27 miles away74% similarpricier homes ($88K more) · larger Cottonwood, ID83522 · 32 miles away73% similarpricier homes ($45K more) · 7 min longer commute Asotin, WA99402 · 22 miles away66% similarpricier homes ($135K more) · older residents Clarkston, WA99403 · 13 miles away65% similarpricier homes ($120K more) · larger

Where Lapwai is

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Questions about Lapwai real estate

How fast do homes sell in Lapwai?

The typical home went under contract in 75 days in the latest three months.

Do homes in Lapwai sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.

What are property taxes in Lapwai?

About 0.78% of a home’s value a year in Nez Perce County, or roughly $3,120 on a $400,000 home.

What is the median home price in Lapwai?

The median sale price was $449,805 in the three months ending August 31, 2026, about $256 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