Is 83854, 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, 83854 has remained a Seller's Market.
Key Takeaway
83854 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 83854, ID
How much do homes in 83854, ID cost?
Median Sold Price
$599,500
$271/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 83854 have sold for 37.8% more than they did a month ago.
Summary: The median home sold price in 83854 was $599,500 in March 2024, up 37.8% from last month, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $435K | - | N/A |
| 4 Bedrooms | - | $599.5K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 83854 housing prices by bedroom type for March 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 83854, ID
How many homes are available in 83854, ID?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 208 | 237 | +13.9% |
Summary: The 83854 real estate market had 237 homes for sale in March 2024, a 13.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 111 | 131 | +18.0% |
| 4 Bedrooms | 58 | 64 | +10.3% |
| 5+ Bedrooms | 24 | 30 | +25.0% |
Summary: The 83854 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 42 | 52 | +23.8% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 83854, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 52 homes were sold or pending in 83854 in March 2024, up by 23.8% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for 83854, ID
How long does it take to sell a home in 83854, ID?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 Days | 2 Days | -50.0% |
Summary: Homes in 83854 had an average of 2 days on market in Mar 2024, down by 50% 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 83854 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 52 homes were sold in 83854; 4% 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.
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.