Grace, ID—83241
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Grace, ID
Grace, ID lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $329,000 | 1.5% |
| Single Family | $329,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Grace, ID
Grace, ID lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Grace, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Grace, ID is 171. This is a increase of 122.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $362,000 | -5.0% |
Listing Count | 15 | 24.0% |
| Listings as % of Homes | 0.9% | 24.0% |
Days on Market | 171 | 122.0% |
Demographics — Grace, ID
As of the latest ACS Survey released in 2023, Grace, ID has a population of 2,380, which has increased by 4.7% over the past 5 years. Grace, ID is a popular place for families, as children make up 28.0% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,380 | 4.7% |
% Under 18 | 28.0% | 3.3% |
% Seniors | 19.5% | 12.1% |
% WFH | 6.3% | -38.2% |
% w/ College Degree | 17.8% | 29.0% |
As of the latest ACS Survey released in 2023, Grace, ID is a predominantly white area, with 84.3% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Grace, ID is hispanic, making up 13.5% of the population. Foreign-born residents account for 8.5% of the population in Grace, ID, and this percentage has increased by 16.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.3% | -5.8% |
% Black | 0.0% | N/A |
% Hispanic | 13.5% | 33.7% |
% Asian | 0.1% | ∞% |
% Foreign Born | 8.5% | 16.4% |
Mortgage and Risk — Grace, ID
According to HUD data as of 2023, there were 71 mortgage originations in Grace, ID, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Grace, ID. Investor activity is low, as 4.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 71 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Grace, ID
Grace, ID lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | N/A | N/A | $1,120 |
| 3 Bedroom | N/A | N/A | $1,570 |
| 4 Bedroom | N/A | N/A | $1,880 |
Affordability — Grace, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $329,000 |
| Median Household Income | $68,800 |