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.

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
307291-5.2%

Summary: The Coeur d'Alene real estate market had 291 homes for sale in November 2024, a 5.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 912
+33.3%
2 6053
-11.7%
3 11497
-14.9%
4 8894
+6.8%
5+ 3635
-2.8%

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 33.3%, 2 bedroom homes decreased by 11.7%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 2.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6360-4.8%

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 60 homes were sold or pending in Coeur d'Alene in November 2024, down by 4.8% 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, 60 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 2% 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 22 Days Ago

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