Is Mullan, ID 83846 a buyer’s or seller’s market?

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

Mullan is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market6Listing to accepted offer
Median price per sq ft$207▲ +76.8% vs. last year

The Mullan housing market right now

In the three months ending August 31, 2026, 0% of homes in Mullan, ID 83846 sold above their list price, the typical home went under contract in 6 days and there were 9.6 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 (109 days then) and the median sale price rose 69% to $269,383. Overall, Mullan is more competitive than a year ago, so tougher for buyers.

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

Nearby, Kingston 83839 (44% sold over asking) and Wallace 83873 (18% sold over asking) are even more competitive.

Nearby markets

Avery 83802 — /sq ftCalder 83808 — /sq ftClarkia 83812 $45 /sq ftKellogg 83837Buyer’s market $197 /sq ft Browse all markets →

Where Mullan is

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Questions about Mullan real estate

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

A buyer’s market: there were 9.6 months of supply in Mullan, ID 83846 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 Mullan?

The typical home went under contract in 6 days in the latest three months.

Do homes in Mullan sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Mullan?

About 0.50% of a home’s value a year in Shoshone County, or roughly $2,000 on a $400,000 home.

What is the median home price in Mullan?

The median sale price was $269,383 in the three months ending August 31, 2026, about $207 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