Market Overview
Home Prices in Grace, ID
The median home value in Grace, ID is $353,454 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.7% compared to a year ago and up 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Grace are priced14% below average.
Price History
Grace Home Price Trend
2024
$328,080
$328K
—
2025
$337,448
$337K
+2.9%
2026
$353,454
$353K
+4.7%
City Comparison
Grace vs. National Median
🏠 Grace
$353,454
National Median
$410,000
At $353,454, homes in Grace cost 14% below the national median of $410,000. This makes Grace a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Grace?
20% Down Payment
$70,691
on $353,454
Monthly P&I
$1,843/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,341/mo
incl. taxes & insurance
Income Needed
$93,640
gross annual (30% rule)
10% Down Option
$35,345
+ PMI applies
Loan Amount (20% dn)
$282,763
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Grace, ID?
The median home value in Grace is $353,454 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.7% year-over-year.
How much have home prices changed in Grace?
Over the past year, home values in Grace have increased by 4.7%.
How much do I need to earn to buy a home in Grace?
To comfortably afford the median home price of $353,454 with a 20% down payment ($70,691) at today's rates (6.8%), you'd need a gross annual income of approximately $93,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Grace compare to the national average home price?
The national median home value is approximately $410,000. At $353,454, homes in Grace are 14% below the national average.