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.
Key Takeaway
Coeur d'Alene is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
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
Key Takeaway
Homes in Coeur d'Alene have sold for 57.3% less than they did a month ago.
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
Key Takeaway
If you're buying a home in Coeur d'Alene, you may be able to get a good deal. 50% of homes here sold below asking price last month.
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
Key Takeaway
Many homes in Coeur d'Alene are selling fast, if you're buying plan to act quickly.
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.
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.
Listings with this icon are © 2024 of InterMountain MLS. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.