$6,472 Closing Credit*
$545,000
2,090 SqFt
3 Beds
•2 Baths
Listing Office: Professional Realty Services Idaho
Is Post Falls-Rathdrum, 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, Post Falls-Rathdrum has remained a Seller's Market.
Key Takeaway
Post Falls-Rathdrum is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Post Falls-Rathdrum, ID
How much do homes in Post Falls-Rathdrum, ID cost?
Median Sold Price
$856,150
$279/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$378,650(+79.3%)
Key Takeaway
Homes in Post Falls-Rathdrum have sold for 79.3% more than they did a month ago.
Summary: The median home sold price in Post Falls-Rathdrum was $856,150 in November 2024, up 79.3% from last month, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $442.4K | - | N/A |
| 4 Bedrooms | - | $856.1K | N/A |
| 5+ Bedrooms | $630K | - | N/A |
Summary: Post Falls-Rathdrum 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.
Median Sold Price Compared To Nearby Cities
| Post Falls-Rathdrum | $477.5K | $856.1K | +79.3% |
| Hauser | $500K | $447.8K | -10.4% |
Housing Supply in Post Falls-Rathdrum, ID
How many homes are available in Post Falls-Rathdrum, ID?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 390 | 338 | -13.3% |
Summary: The Post Falls-Rathdrum real estate market had 338 homes for sale in November 2024, a 13.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 31 | 28 | -9.7% |
| 3 Bedrooms | 190 | 155 | -18.4% |
| 4 Bedrooms | 121 | 117 | -3.3% |
| 5+ Bedrooms | 43 | 35 | -18.6% |
Summary: The Post Falls-Rathdrum housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 9.7%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 18.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 98 | 75 | -23.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Post Falls-Rathdrum, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 75 homes were sold or pending in Post Falls-Rathdrum in November 2024, down by 23.5% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Post Falls-Rathdrum, ID
How long does it take to sell a home in Post Falls-Rathdrum, ID?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 0 Days | -99.3% |
Summary: Homes in Post Falls-Rathdrum had an average of 0 days on market in Nov 2024, down by 99.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Post Falls-Rathdrum are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 75 homes were sold in Post Falls-Rathdrum; 3% of homes were sold within 30 days, 0% 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.
The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.