Priest River, ID—83856
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Priest River, ID
As of Oct '25, the median home price in Priest River, ID is $537,000, with a year-over-year change of 1.3%. This indicates that home prices in Priest River, ID are increasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $537,000 | 1.3% |
| Single Family | $534,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $395,000 | 1.0% |
2 Bed | $486,000 | 0.2% |
3 Bed | $549,000 | 1.1% |
4 Bed | $715,000 | 2.3% |
| 5 Bed | $866,000 | 1.6% |
% of Housing Stock
Rental Trends — Priest River, ID
As of July '25, Rentcast reports the average rent in Priest River, ID is $1,660, with a year-over-year rent change of 14.5%. Per bedroom, the median rent as of July '25 in Priest River, ID is 1-bedrooms: $841, 3-bedrooms: $2,190, 4-bedrooms: $2,000. The most common rental property sizes in Priest River, ID are 2-bedroom and 1-bedroom, accounting for 36.1% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $874 | $841 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,000 | $2,190 |
| 4 Bed Rent | $2,000 | $2,000 |
% of Rental Stock
Property Listings — Priest River, ID
As of Oct '25, Realtor.com reports that the median days on market for a home in Priest River, ID is 103. This is a increase of 13.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $736,000 | 3.0% |
Listing Count | 79 | -5.0% |
| Listings as % of Homes | 1.1% | -5.0% |
Days on Market | 103 | 13.0% |
Demographics — Priest River, ID
As of the latest ACS Survey released in 2023, Priest River, ID has a population of 6,910, which has increased by 8.2% over the past 5 years. Priest River, ID is a moderately popular place for families, as children make up 17.5% of the population. The area has a poorly educated workforce, with 22.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,910 | 8.2% |
% Under 18 | 17.5% | -31.6% |
% Seniors | 28.6% | 23.3% |
% WFH | 14.0% | 122.2% |
% w/ College Degree | 22.1% | 18.8% |
As of the latest ACS Survey released in 2023, Priest River, ID is a predominantly white area, with 87.6% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in Priest River, ID is hispanic, making up 2.3% of the population. Foreign-born residents account for 0.6% of the population in Priest River, ID, and this percentage has decreased by 72.7% 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 | 87.6% | -7.9% |
% Black | 0.0% | N/A |
% Hispanic | 2.3% | 91.7% |
% Asian | 0.1% | -93.3% |
% Foreign Born | 0.6% | -72.7% |
Mortgage and Risk — Priest River, ID
According to HUD data as of 2023, there were 173 mortgage originations in Priest River, ID, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Priest River, ID. Investor activity is low, as 1.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 173 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 14.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Priest River, ID
Priest River, ID lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 25 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$124 | $874 | $750 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | -$640 | $2,000 | $1,360 |
| 4 Bedroom | -$360 | $2,000 | $1,640 |
Affordability — Priest River, ID
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.7 |
| Median Home Price | $537,000 |
| Median Household Income | $65,900 |