What is the average home price in Lapwai, ID 83540?

As of May '26, the median home price in Lapwai, ID 83540 is $316,000, based on Zillow home estimates.

How have home prices in Lapwai, ID 83540 changed over the past year?

As of May '26, home prices have increased 6.0% over the past year, according to Zillow home estimates data.

What is the home price projection for Lapwai, ID 83540?

As of May '26, Zillow projects home prices in Lapwai, ID 83540 to increase 1.3% in the next year.

What are the demographics of Lapwai, ID 83540?

According to the latest Census, the demographics of Lapwai, ID 83540 are 34.4% White, 0.2% Black, 0.5% Asian, 3.1% Hispanic. The population is 2,080, with 23.3% under 18 years old.

How long does it take homes to sell in Lapwai, ID 83540?

According to Realtor.com, as of May '26, the median home in Lapwai, ID 83540 is on the market for 132 days. This is an increase of 198.0% from last year.

What is the average rent price in Lapwai, ID 83540?

The average rent price in Lapwai, ID 83540, as of the latest data, is N/A. The average rent for 1 bedroom homes is N/A. For 2, 3, and 4 bedroom homes, the average rent is N/A, N/A, and N/A respectively.

Lapwai, ID 83540 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Lapwai, ID—83540

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$316,000

6.0% YoY Growth

Household Income

$60,900

35.7% YoY Growth

Days on Market

132

198.0% Longer YoY

Home Price Forecast

1.3%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Lapwai, ID

As of May '26, the median home price in Lapwai, ID is $316,000, with a year-over-year change of 6.0%. This indicates that home prices in Lapwai, ID are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$316,000	6.0%
Single Family	$316,000	7.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

1 Bedroom

19.2%

2 Bedrooms

18.4%

3 Bedrooms

48.1%

4 Bedrooms

11.7%

5+ Bedrooms

2.5%

Property Listings — Lapwai, ID

As of May '26, Realtor.com reports that the median days on market for a home in Lapwai, ID is 132. This is a increase of 198.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$312,000	-72.0%
Listing Count	2	0.0%
Listings as % of Homes	0.1%	0.0%
Days on Market	132	198.0%

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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%

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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%

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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%

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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

Lapwai, ID—83540

Key Metrics at a Glance

Home Price Trends — Lapwai, ID

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lapwai, ID

% of Rental Stock

Property Listings — Lapwai, ID

Demographics — Lapwai, ID

Race and Ethnicity

Mortgage and Risk — Lapwai, ID

Mortgages

Rentals and Section 8 — Lapwai, ID

Section 8 Market Size

Section 8 Opportunity

Affordability — Lapwai, ID

Home Price to Income Ratio

Lapwai, ID — ZIP Code Boundary Map

Nearby ZIP Codes

Culdesac, ID

Lewiston, ID

Juliaetta, ID

Genesee, ID

Winchester, ID

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.7
Median Home Price	$316,000
Median Household Income	$60,900