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

$430,000

$289/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$430,000(-50.0%)

Key Takeaway

Homes in Coeur d'Alene have sold for 50% less than they did a month ago.

Summary: The median home sold price in Coeur d'Alene was $430,000 in October 2024, down 50% from last month, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$340K
N/A
3 -$520K
N/A
4 --
N/A
5+ $860K-
N/A

Summary: Coeur d'Alene housing prices by bedroom type for October 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

Hayden
+74.3%
Coeur d'Alene
-50.0%

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
331325-1.8%

Summary: The Coeur d'Alene real estate market had 325 homes for sale in October 2024, a 1.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1110
-9.1%
2 7165
-8.5%
3 124125
+0.8%
4 9396
+3.2%
5+ 3229
-9.4%

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 9.1%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 9.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6658-12.1%

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 58 homes were sold or pending in Coeur d'Alene in October 2024, down by 12.1% 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

Sep 2024Oct 2024CHANGE
75 Days61 Days-18.7%

Summary: Homes in Coeur d'Alene had an average of 61 days on market in Oct 2024, down by 18.7% compared to last month.

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, 58 homes were sold in Coeur d'Alene; 0% of homes were sold within 30 days, 3% 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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