Lapwai, ID—83540
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lapwai, ID
As of Oct '25, the median home price in Lapwai, ID is $351,000, with a year-over-year change of 2.6%. This indicates that home prices in Lapwai, ID are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $351,000 | 2.6% |
| Single Family | $351,000 | 2.9% |
| 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 — Lapwai, ID
Lapwai, 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 — Lapwai, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Lapwai, ID is 223. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $995,000 | 410.0% |
Listing Count | 1 | 67.0% |
| Listings as % of Homes | 0.1% | 67.0% |
Days on Market | 223 | -16.0% |
Demographics — Lapwai, ID
As of the latest ACS Survey released in 2023, Lapwai, ID has a population of 2,080, which has decreased by -13.9% over the past 5 years. Lapwai, ID is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,080 | -13.9% |
% Under 18 | 23.3% | -20.5% |
% Seniors | 18.7% | 20.6% |
% WFH | 1.0% | -68.8% |
% w/ College Degree | 21.1% | 22.0% |
As of the latest ACS Survey released in 2023, Lapwai, ID is a predominantly white area, with 34.4% of the population identifying as white. The white population has grown by 35.4% in the last 5 years. The second most common race or ethnicity in Lapwai, ID is hispanic, making up 3.1% of the population. Foreign-born residents account for 0.3% of the population in Lapwai, ID, and this percentage has decreased by 57.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 34.4% | 35.4% |
% Black | 0.2% | 0.0% |
% Hispanic | 3.1% | -65.9% |
% Asian | 0.5% | -28.6% |
% Foreign Born | 0.3% | -57.1% |
Mortgage and Risk — Lapwai, ID
According to HUD data as of 2023, there were 47 mortgage originations in Lapwai, ID, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Lapwai, ID. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 47 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Lapwai, ID
Lapwai, ID lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | N/A | N/A | $1,280 |
| 3 Bedroom | N/A | N/A | $1,790 |
| 4 Bedroom | N/A | N/A | $2,150 |
Affordability — Lapwai, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $351,000 |
| Median Household Income | $60,900 |