Is Bonner County, ID a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bonner County is a buyer's market

Buyer's
Market

Difference Since November 2021

Since last year, Bonner County has remained a Buyer's Market.

Key Takeaway

Bonner County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Bonner County, ID cost?

Median Sold Price

$537,495

$279/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

-$172,505(-24.3%)

Key Takeaway

Homes in Bonner County have sold for 24.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $2.5M$260K
-89.9%
2 $235K$445K
+89.4%
3 $400K$479.9K
+20.0%
4 $1.2M$620K
-51.5%
5+ $1.0M$1.4M
+29.3%

Median Sold Price Compared To Nearby Counties

Pend Oreille County
+10.2%
Kootenai County
-12.3%
Bonner County
-24.3%

How many homes are available in Bonner County, ID?

Number of Homes For Sale

Oct 2022Nov 2022%
393380-3.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 1918
-5.3%
2 6764
-4.5%
3 186181
-2.7%
4 8382
-1.2%
5+ 3835
-7.9%

Number of Homes Sold

Oct 2022Nov 2022%
5641-26.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bonner County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
27 Days64 Days+132.5%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bonner County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Bonner County, ID

Homes for sale in Bonner County, ID have reached 380. The inventory of homes for sale in Bonner County, ID between October 2022 and November 2022 decreased by 3.3%. The median list price of listings available in November 2022 was $537,495, while the average time on the real estate market was 64 days. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices decreased by 89.9%, prices of 2 bedrooms properties went up by 89.4%, the cost of 3 bedrooms properties went up by 20%, prices of 4 bedrooms properties went down by 51.5%, prices of 5 bedrooms properties went up by 29.3%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes became 5.3% less available, 2 bedrooms homes became 4.5% less available, number of 3 bedrooms homes decreased by 2.7%, 4 bedrooms homes inventory decreased by 1.2%, number of 5 bedrooms homes decreased by 7.9%. In November 2022 more than 0 listings in Bonner County, ID were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below.

Related Housing Market Reports