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Is Genesee, ID 83832 a buyer’s or seller’s market?

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

Genesee 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-list99.9%Sold price ÷ list price
Median days on market1Listing to accepted offer
Median price per sq ft$219▲ +1.9% vs. last year

The Genesee housing market right now

In the three months ending August 31, 2026, 0% of homes in Genesee, ID 83832 sold above their list price, the typical home went under contract in 1 day 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 fell from 29%, homes sold faster (34 days then) and the median sale price rose 11% to $461,800. Overall, Genesee is less competitive than a year ago, which gives buyers more room.

Within Latah County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Moscow 83843 (24% sold over asking) and Potlatch 83855 (20% sold over asking) are even more competitive.

Run the numbers for 83832

Prefilled for 83832Can I win this house?Multiple-offer likelihood for a listing Prefilled for 83832Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bovill 83806Seller’s market $131 /sq ftDeary 83823Seller’s market $225 /sq ftHarvard 83834 $258 /sq ftKendrick 83537Seller’s market $197 /sq ft Browse all markets →

Towns like Genesee nearby

Find towns like Genesee in other states →
Potlatch, ID83855 · 26 miles away74% similarcheaper homes ($55K less) · older residents Palouse, WA99161 · 24 miles away73% similarcheaper homes ($50K less) · 5 min longer commute Troy, ID83871 · 14 miles away70% similarolder residents · 9 min longer commute Colfax, WA99111 · 30 miles away66% similarcheaper homes ($57K less) · larger

Where Genesee is

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Questions about Genesee real estate

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

A buyer’s market: there were 12.8 months of supply in Genesee, ID 83832 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 Genesee?

The typical home went under contract in 1 days in the latest three months.

Do homes in Genesee sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Genesee?

About 0.64% of a home’s value a year in Latah County, or roughly $2,560 on a $400,000 home.

What is the median home price in Genesee?

The median sale price was $461,800 in the three months ending August 31, 2026, about $219 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