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 October 2023

Since last year, 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

$550,000

$289/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$89,350(-14.0%)

Key Takeaway

Homes in Coeur D Alene have sold for 14% less than they did a year ago.

Summary: The median home sold price in Coeur D Alene was $550,000 in October 2024, down 14% from last year, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $680K-
N/A
2 $1.0M$400K
-60.0%
3 $505K$535K
+5.9%
4 $565K$600K
+6.2%
5+ $1.3M$860K
-38.2%

Summary: Coeur D Alene housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 60%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 38.2%.

Housing Supply in Coeur D Alene, ID

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4814820.2%

Summary: The Coeur D Alene real estate market had 482 homes for sale in October 2024, a 0.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1613
-18.8%
2 8278
-4.9%
3 166176
+6.0%
4 162163
+0.6%
5+ 5552
-5.5%

Summary: The Coeur D Alene housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.8%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 5.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
8381-2.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 81 homes were sold or pending in Coeur D Alene in October 2024, down by 2.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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 2023Oct 2024CHANGE
30 Days61 Days+103.3%

Summary: Homes in Coeur D Alene had an average of 61 days on market in Oct 2024, up by 103.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Coeur D Alene has remained consistent over time.

Summary: During October 2024, 81 homes were sold in Coeur D Alene; 0% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% 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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