ZIP Code Market Report
83241 — Grace, ID
Data through February 2026 · Updated monthly
Avg Home Value
$335,399
▲ 4.3% year-over-year
Month-over-Month
+1.4%
▲ 1.4%
Single Family
$328,681
Condo / Co-op
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The average home value in the 83241 ZIP code (Grace, IDAHO) is $335,399 as of February 2026. Home prices are rising, up 4.3% compared to last year.
The market in 83241 has a $352,307 spread between bottom-tier homes at $226,921 and top-tier homes at $579,229. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Caribou County market area in IDAHO. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Caribou County report.
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Market Snapshot
83241 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $334,234 | $330,816 | $335,399 | ▲ 0.3% |
| Single Family Value | $323,290 | $324,905 | $328,681 | ▲ 1.7% |
Home Values
83241 Home Value Trend
Historical home values for ZIP code 83241. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 83241
How different property types compare in this ZIP code.
All Homes
$335,399
Single Family
$328,681
Bottom Tier
$226,921
Top Tier
$579,229
Data Sources and Methodology
Home value data for ZIP code 83241 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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