$5,641 Closing Credit*
$475,000
1,500 SqFt
2 Beds
•3 Baths
Listing Office: CENTURY 21 Beutler & Associates
Is Kootenai County, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 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
$534,950
$294/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$95,050(-15.1%)
Key Takeaway
Homes in Kootenai County have sold for 15.1% less than they did a year ago.
Summary: The median home sold price in Kootenai County was $534,950 in November 2024, down 15.1% from last year, and the median price per square foot was $294.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $460K | $500K | +8.7% |
| 2 Bedrooms | $535K | $350K | -34.6% |
| 3 Bedrooms | $541.5K | $475.2K | -12.2% |
| 4 Bedrooms | $660K | $749.9K | +13.6% |
| 5+ Bedrooms | $850K | $810K | -4.7% |
Summary: Kootenai County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes decreased by 34.6%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Counties
| Spokane County | $415.6K | $428.8K | +3.2% |
| Kootenai County | $630K | $534.9K | -15.1% |
Housing Supply in Kootenai County, ID
How many homes are available in Kootenai County, ID?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,209 | 1,108 | -8.4% |
Summary: The Kootenai County real estate market had 1,108 homes for sale in November 2024, a 8.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 29 | 26 | -10.3% |
| 2 Bedrooms | 147 | 132 | -10.2% |
| 3 Bedrooms | 503 | 440 | -12.5% |
| 4 Bedrooms | 372 | 362 | -2.7% |
| 5+ Bedrooms | 158 | 148 | -6.3% |
Summary: The Kootenai County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10.3%, 2 bedroom homes decreased by 10.2%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 245 | 208 | -15.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 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. 62.5% of homes here sold below asking price last month.
Summary: A total of 208 homes were sold or pending in Kootenai County in November 2024, down by 15.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% 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 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 106 Days | 35 Days | -66.2% |
Summary: Homes in Kootenai County had an average of 35 days on market in Nov 2024, down by 66.2% compared to last year.
Breakdown of Home Sale Times
5 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 November 2024, 208 homes were sold in Kootenai County; 2% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
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