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Is Naples, ID 83847 a buyer’s or seller’s market?

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

Naples 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-list97.2%Sold price ÷ list price
Median days on market10Listing to accepted offer
Median price per sq ft$358▲ +41.0% vs. last year

The Naples housing market right now

In the three months ending August 31, 2026, 0% of homes in Naples, ID 83847 sold above their list price, the typical home went under contract in 10 days 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 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 was about the same (0% then), homes sold faster (46 days then) and the median sale price fell 19% to $484,790. Overall, Naples is more competitive than a year ago, so tougher for buyers.

Nearby, Moyie Springs 83845 (20% sold over asking) and Bonners Ferry 83805 (3% sold over asking) are even more competitive.

Run the numbers for 83847

Prefilled for 83847Can I win this house?Multiple-offer likelihood for a listing Prefilled for 83847Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bonners Ferry 83805Balanced $292 /sq ftEastport 83826 — /sq ftMoyie Springs 83845Buyer’s market $325 /sq ft Browse all markets →

Towns like Naples nearby

Find towns like Naples in other states →
Troy, MT59935 · 22 miles away80% similarcheaper homes ($174K less) · larger Moyie Springs, ID83845 · 12 miles away65% similarcheaper homes ($171K less) Sagle, ID83860 · 30 miles away59% similarpricier homes ($53K more) · larger Bonners Ferry, ID83805 · 9 miles away55% similarcheaper homes ($126K less) · larger

Where Naples is

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Questions about Naples real estate

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

A buyer’s market: there were 12.8 months of supply in Naples, ID 83847 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 Naples?

The typical home went under contract in 10 days in the latest three months.

Do homes in Naples sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What are property taxes in Naples?

About 0.39% of a home’s value a year in Boundary County, or roughly $1,560 on a $400,000 home.

What is the median home price in Naples?

The median sale price was $484,790 in the three months ending August 31, 2026, about $358 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