Is Idaho City, ID 83631 a buyer’s or seller’s market?
Idaho City is a seller’s market. With about 2.9 months of supply and 0% 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 Idaho City housing market right now
In the three months ending August 31, 2026, 0% of homes in Idaho City, ID 83631 sold above their list price, the typical home went under contract in 53 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (20 days then) and the median sale price rose 32% to $568,054. Overall, Idaho City is less competitive than a year ago, which gives buyers more room.
Within Boise County, homes here sell faster 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, Horseshoe Bend 83629 (10% sold over asking) and Garden Valley 83622 (4% sold over asking) are even more competitive.
Run the numbers for 83631
Nearby markets
Banks 83602 — /sq ftGarden Valley 83622Seller’s market $332 /sq ftHorseshoe Bend 83629Seller’s market $296 /sq ftLowman 83637Buyer’s market $339 /sq ft Browse all markets →Towns like Idaho City nearby
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Questions about Idaho City real estate
Is Idaho City a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Idaho City, ID 83631 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 Idaho City?
The typical home went under contract in 53 days in the latest three months.
Do homes in Idaho City sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.
What are property taxes in Idaho City?
About 0.34% of a home’s value a year in Boise County, or roughly $1,360 on a $400,000 home.
What is the median home price in Idaho City?
The median sale price was $568,054 in the three months ending August 31, 2026, about $264 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