Grangeville, Idaho Real Estate & Housing Market

Grangeville, ID Listings

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Grangeville Housing Information

Index	Grangeville	Idaho	National
Median home price	$130,300	$167,900	$184,700
Median rent asked	$641	$764	$949
Avg. people per household	2.5	2.7	2.6
Owner occupied households	73.8%	68.9%	63.6%
Renter occupied households	26.2%	31.1%	36.4%

Above, you'll find an overview of the real estate market in Grangeville, ID. Generally, real estate in the Grangeville, ID area is more affordable in Idaho, as the median price of a home in Grangeville, ID is $130,300, which is 22% lower than the Idaho average. The median rental price in Grangeville, ID is $641. This is 16% lower than the average rental price in Idaho. Home owners comprise 73.8% of the population of Grangeville, ID, where an average of 2.5 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Grangeville, ID. Below, you can search for real estate listings in Grangeville, ID using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Grangeville Home Affordability

When searching for real estate in Grangeville, ID, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Grangeville, ID, the median house price is $130,300, while the median income for households in the area is $41,432. Therefore, the ratio of house price to income is 3.1x; this ratio is 8% lower than the average in Idaho. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Grangeville, ID.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Stites, ID	225	$74,100	60%
White Bird, ID	46	$85,500	54%
Kooskia, ID	691	$90,000	51%
Cottonwood, ID	944	$133,300	28%
Grangeville, ID	3,153	$130,300	29%

Cities with similar population

City, State	Population	Home Price	National Avg.
Canyon Creek, WA	3,153	$207,500	12%
Helena Valley Northeast, MT	3,154	$290,600	57%
Georgetown, IN	3,152	$165,900	10%
North Hartsville, SC	3,152	$112,100	39%
Ellenton, FL	3,154	$106,100	43%
Grangeville, ID	3,153	$130,300	29%

Source: The Grangeville, ID housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).