Is Priest River, ID 83856 a buyer’s or seller’s market?
Priest River is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 18% of U.S. ZIP codes, and #59 of 69 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Priest River housing market right now
In the three months ending August 31, 2026, 0% of homes in Priest River, ID 83856 sold above their list price, the typical home went under contract in 26 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 43 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 7%, homes sold faster (40 days then) and the median sale price rose 33% to $542,765. Overall, Priest River is about as competitive as it was a year ago.
Within Bonner County, homes here sell faster than in 79% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Priest River ranks #59 of 69 ID ZIP codes with enough sales (score 24 out of 100).
Nearby, Coolin 83821 (50% sold over asking) and Careywood 83809 (33% sold over asking) are even more competitive.
Run the numbers for 83856
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 →Towns like Priest River nearby
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Questions about Priest River real estate
Is Priest River a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Priest River, ID 83856 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 Priest River?
The typical home went under contract in 26 days in the latest three months.
Do homes in Priest River sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Priest River?
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 Priest River?
The median sale price was $542,765 in the three months ending August 31, 2026, about $333 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