Is Coeur d'Alene, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Coeur d'Alene was a Seller's Market.
Housing Prices in Coeur d'Alene, ID
How much do homes in Coeur d'Alene, ID cost?
Median Sold Price
$545,000
$299/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Coeur d'Alene was $545,000 in May 2024, down 57.3% from last month, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $450K | N/A |
4 Bedrooms | $1.2M | - | N/A |
5+ Bedrooms | - | $640K | N/A |
Summary: Coeur d'Alene housing prices by bedroom type for May 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
Apr 2024 | May 2024 | CHANGE |
---|---|---|
276 | 324 | +17.4% |
Summary: The Coeur d'Alene real estate market had 324 homes for sale in May 2024, a 17.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 8 | +60.0% |
2 Bedrooms | 58 | 73 | +25.9% |
3 Bedrooms | 106 | 126 | +18.9% |
4 Bedrooms | 88 | 95 | +8.0% |
5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The Coeur d'Alene housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 15.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
61 | 45 | -26.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Coeur d'Alene in May 2024, down by 26.2% 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 Coeur d'Alene, ID
How long does it take to sell a home in Coeur d'Alene, ID?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 Days | 20 Days | -48.7% |
Summary: Homes in Coeur d'Alene had an average of 20 days on market in May 2024, down by 48.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 45 homes were sold in Coeur d'Alene; 2% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.