*Data based on Selkirk MLS effective date 8/26/2026.
What’s the Real Estate Climate in North Idaho?
Summer may be short in Bonner and Boundary Counties, but the last 30 days have brought on the heat. Sellers are lowering temperatures on pricing, and buyers are striking deals before the forecast shifts again. More homes and land have sold compared to the previous month, but sellers should pack a little patience — closings are taking about a month longer to reach the finish line.
Home sales volume climbed 20% over the previous month. The median home price nudged up to $650,000, a modest 2% rise. Mortgage rates remain steady, and homes are closing in about 96 days. Cash buyers made up 36% of sales, and VA loan activity continues to rise. Veterans — congratulations on your new homes and Thank You for your service to our country.
The land market also saw a change in weather patterns. More parcels sold, but lowerpriced offerings pulled the median down to $209,500, a 16% drop from the previous month. The silver lining? Lending options for land are expanding, including owner financing. Half of last month’s land sales were funded by loans, and cash covered the remaining 50% of dirt deals.
Prices are holding on a gentle upward curve — not soaring, not storming. It’s high season for price reductions, and savvy buyers are engaging when the price is right. There’s plenty of ready money in the atmosphere. Sellers should watch the competition closely. Stay aware, stay prepared, and stay positioned — this is no time to be caught in a fog bank.
Bonner County Market Snapshot - July 2026 The Bonner County residential market showed encouraging signs of improvement in July, with pending sales up 23.6% compared to last year and available inventory down 18.8%. The median sales price climbed to $650,000, while homes that sold spent an average of 73 days on the market. With 7.1 months of inventory, buyers continue to enjoy a good selection of homes and some negotiating power, while declining inventory and increased buyer activity are positive signs for sellers. Overall, the market remains balanced and price-sensitive, but the July numbers point toward strengthening demand.
CONTACT
M: (208) 290-5888
LOCATION
CENTURY 21 RiverStone
Ponderay
477181 N Hwy 95
Ponderay, Idaho 83852
*Data based on Selkirk MLS effective date 8/26/2026.
What’s the Real Estate Climate in North Idaho?
Summer may be short in Bonner and Boundary Counties, but the last 30 days have brought on the heat. Sellers are lowering temperatures on pricing, and buyers are striking deals before the forecast shifts again. More homes and land have sold compared to the previous month, but sellers should pack a little patience — closings are taking about a month longer to reach the finish line.
Home sales volume climbed 20% over the previous month. The median home price nudged up to $650,000, a modest 2% rise. Mortgage rates remain steady, and homes are closing in about 96 days. Cash buyers made up 36% of sales, and VA loan activity continues to rise. Veterans — congratulations on your new homes and Thank You for your service to our country.
The land market also saw a change in weather patterns. More parcels sold, but lowerpriced offerings pulled the median down to $209,500, a 16% drop from the previous month. The silver lining? Lending options for land are expanding, including owner financing. Half of last month’s land sales were funded by loans, and cash covered the remaining 50% of dirt deals.
Prices are holding on a gentle upward curve — not soaring, not storming. It’s high season for price reductions, and savvy buyers are engaging when the price is right. There’s plenty of ready money in the atmosphere. Sellers should watch the competition closely. Stay aware, stay prepared, and stay positioned — this is no time to be caught in a fog bank.
Bonner County Market Snapshot - July 2026 The Bonner County residential market showed encouraging signs of improvement in July, with pending sales up 23.6% compared to last year and available inventory down 18.8%. The median sales price climbed to $650,000, while homes that sold spent an average of 73 days on the market. With 7.1 months of inventory, buyers continue to enjoy a good selection of homes and some negotiating power, while declining inventory and increased buyer activity are positive signs for sellers. Overall, the market remains balanced and price-sensitive, but the July numbers point toward strengthening demand.
CONTACT
M: (208) 290-5888
LOCATION
CENTURY 21 RiverStone
Ponderay
477181 N Hwy 95
Ponderay, Idaho 83852
