Is Kootenai County, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$677,250
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Kootenai County was $677,250 in February 2024, up 17.8% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $680K | +183.3% |
2 Bedrooms | $475K | $674.5K | +42.0% |
3 Bedrooms | $560K | $578K | +3.2% |
4 Bedrooms | $725K | $855K | +17.9% |
5+ Bedrooms | $840K | $925K | +10.1% |
Summary: Kootenai County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 183.3%, 2 bedroom homes increased by 42%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 10.1%.
Median Sold Price Compared To Nearby Counties
Kootenai County | $575K | $677.2K | +17.8% |
Spokane County | $425K | $419.3K | -1.3% |
Housing Supply in Kootenai County, ID
How many homes are available in Kootenai County, ID?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
804 | 870 | +8.2% |
Summary: The Kootenai County real estate market had 870 homes for sale in February 2024, a 8.2% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 21 | +5.0% |
2 Bedrooms | 84 | 100 | +19.0% |
3 Bedrooms | 391 | 413 | +5.6% |
4 Bedrooms | 224 | 236 | +5.4% |
5+ Bedrooms | 85 | 100 | +17.6% |
Summary: The Kootenai County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
125 | 148 | +18.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 148 homes were sold or pending in Kootenai County in February 2024, up by 18.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
19 Days | 104 Days | +430.1% |
Summary: Homes in Kootenai County had an average of 104 days on market in Feb 2024, up by 430.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 148 homes were sold in Kootenai County; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.