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Is Princeton, ID 83857 a buyer’s or seller’s market?

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

Princeton is a seller’s market. With about 1.6 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.

Months of supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft$374▲ +36.9% vs. last year

The Princeton housing market right now

In the three months ending August 31, 2026, 0% of homes in Princeton, ID 83857 sold above their list price and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 more slowly (7 days then) and the median sale price rose 26% to $688,452. Overall, Princeton is less competitive than a year ago, which gives buyers more room.

Within Latah County, homes here sell 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 83857

Prefilled for 83857Can I win this house?Multiple-offer likelihood for a listing Prefilled for 83857Over-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 ftGenesee 83832Buyer’s market $219 /sq ftHarvard 83834 $258 /sq ft Browse all markets →

Towns like Princeton nearby

Find towns like Princeton in other states →
Deary, ID83823 · 16 miles away83% similarpricier homes ($74K more) Potlatch, ID83855 · 5 miles away82% similarcheaper homes ($37K less) · larger Kendrick, ID83537 · 22 miles away73% similarolder residents · 8 min longer commute Worley, ID83876 · 37 miles away71% similarpricier homes ($201K more) · older residents

Where Princeton is

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Questions about Princeton real estate

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

A seller’s market: there were 1.6 months of supply in Princeton, ID 83857 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

Do homes in Princeton sell over asking?

0% 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 Princeton?

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 Princeton?

The median sale price was $688,452 in the three months ending August 31, 2026, about $374 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