Is Kootenai County, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kootenai County has remained a Seller's Market.
Housing Prices in Kootenai County, ID
How much do homes in Kootenai County, ID cost?
Median Sold Price
$689,500
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kootenai County was $689,500 in April 2024, up 19.4% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $680K | +195.7% |
2 Bedrooms | $485K | $674.5K | +39.1% |
3 Bedrooms | $560K | $490K | -12.5% |
4 Bedrooms | $599.9K | $1.0M | +75.0% |
5+ Bedrooms | $850K | $994K | +16.9% |
Summary: Kootenai County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 195.7%, 2 bedroom homes increased by 39.1%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 16.9%.
Median Sold Price Compared To Nearby Counties
Bonner County | $615K | $770K | +25.2% |
Kootenai County | $577.5K | $689.5K | +19.4% |
Spokane County | $423.8K | $420.7K | -0.7% |
Housing Supply in Kootenai County, ID
How many homes are available in Kootenai County, ID?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
969 | 1,128 | +16.4% |
Summary: The Kootenai County real estate market had 1,128 homes for sale in April 2024, a 16.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 18 | 22 | +22.2% |
2 Bedrooms | 112 | 127 | +13.4% |
3 Bedrooms | 448 | 530 | +18.3% |
4 Bedrooms | 282 | 311 | +10.3% |
5+ Bedrooms | 109 | 138 | +26.6% |
Summary: The Kootenai County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 18.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 26.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
201 | 222 | +10.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 222 homes were sold or pending in Kootenai County in April 2024, up by 10.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 42 Days | +5.4% |
Summary: Homes in Kootenai County had an average of 42 days on market in Apr 2024, up by 5.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 222 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.