$8,796 Closing Credit*
$740,750
2,907 SqFt
4 Beds
•3 Baths
Listing Office: Northwest Realty Group
Is Kootenai County, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Kootenai County has remained a Seller's Market.
Key Takeaway
Kootenai County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kootenai County, ID
How much do homes in Kootenai County, ID cost?
Median Sold Price
$565,000
$358/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$178,700(-24.0%)
Key Takeaway
Homes in Kootenai County have sold for 24% less than they did a month ago.
Summary: The median home sold price in Kootenai County was $565,000 in December 2024, down 24% from last month, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $384.5K | N/A |
| 3 Bedrooms | $429.9K | $565K | +31.4% |
| 4 Bedrooms | $749.9K | $725K | -3.3% |
| 5+ Bedrooms | $773.7K | $1.7M | +126.2% |
Summary: Kootenai County housing prices by bedroom type for December 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 increased by 31.4%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 126.2%.
Housing Supply in Kootenai County, ID
How many homes are available in Kootenai County, ID?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1,056 | 941 | -10.9% |
Summary: The Kootenai County real estate market had 941 homes for sale in December 2024, a 10.9% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 24 | 21 | -12.5% |
| 2 Bedrooms | 121 | 118 | -2.5% |
| 3 Bedrooms | 431 | 382 | -11.4% |
| 4 Bedrooms | 348 | 300 | -13.8% |
| 5+ Bedrooms | 132 | 120 | -9.1% |
Summary: The Kootenai County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 213 | 199 | -6.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kootenai County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 199 homes were sold or pending in Kootenai County in December 2024, down by 6.6% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kootenai County, ID
How long does it take to sell a home in Kootenai County, ID?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 38 Days | 66 Days | +73.0% |
Summary: Homes in Kootenai County had an average of 66 days on market in Dec 2024, up by 73% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kootenai County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 199 homes were sold in Kootenai County; 1% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
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