Is Coeur D Alene, ID a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coeur D Alene is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Coeur D Alene has remained a Seller's Market.

Key Takeaway

Coeur D Alene is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Coeur D Alene, ID

How much do homes in Coeur D Alene, ID cost?

Median Sold Price

$737,500

$194/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$307,500(+71.5%)

Key Takeaway

Homes in Coeur D Alene have sold for 71.5% more than they did a month ago.

Summary: The median home sold price in Coeur D Alene was $737,500 in November 2024, up 71.5% from last month, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $340K-
N/A
3 $520K-
N/A
4 -$435K
N/A
5+ -$773.7K
N/A

Summary: Coeur D Alene housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Coeur D Alene
+71.5%
Coeur d'Alene
+71.5%

Housing Supply in Coeur D Alene, ID

How many homes are available in Coeur D Alene, ID?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
454423-6.8%

Summary: The Coeur D Alene real estate market had 423 homes for sale in November 2024, a 6.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1314
+7.7%
2 7362
-15.1%
3 162140
-13.6%
4 148148
0.0%
5+ 5859
+1.7%

Summary: The Coeur D Alene housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 15.1%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 1.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8877-12.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coeur D Alene, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 77 homes were sold or pending in Coeur D Alene in November 2024, down by 12.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Coeur D Alene, ID

How long does it take to sell a home in Coeur D Alene, ID?

Average Sale Time

Oct 2024Nov 2024CHANGE
61 Days43 Days-28.4%

Summary: Homes in Coeur D Alene had an average of 43 days on market in Nov 2024, down by 28.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Coeur D Alene are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 77 homes were sold in Coeur D Alene; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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