Is Nordman, ID 83848 a buyer’s or seller’s market?
Nordman is a buyer’s market. With about 11.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Nordman housing market right now
In the three months ending August 31, 2026, 33% of homes in Nordman, ID 83848 sold above their list price, the typical home went under contract in 1 day and there were 11.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 rose from 0%, homes sold faster (4 days then) and the median sale price fell 40% to $849,632. Overall, Nordman is more competitive than a year ago, so tougher for buyers.
Within Bonner County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 79%.
Nearby, buyers who want less competition could look at Sagle 83860 (0% sold over asking) or Priest River 83856 (0% sold over asking), while Coolin 83821 (50% sold over asking) is even more competitive.
Run the numbers for 83848
Nearby markets
Bayview 83803Buyer’s market $385 /sq ftBlanchard 83804Balanced $318 /sq ftCareywood 83809Buyer’s market $557 /sq ftClark Fork 83811Buyer’s market $403 /sq ft Browse all markets →Where Nordman is
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Questions about Nordman real estate
Is Nordman a buyer’s or seller’s market?
A buyer’s market: there were 11.7 months of supply in Nordman, ID 83848 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 Nordman?
The typical home went under contract in 1 days in the latest three months.
Do homes in Nordman sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Nordman?
About 0.38% of a home’s value a year in Bonner County, or roughly $1,520 on a $400,000 home.
What is the median home price in Nordman?
The median sale price was $849,632 in the three months ending August 31, 2026, about $609 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