Is Post Falls, ID a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Post Falls is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Post Falls was a Buyer's Market.

Key Takeaway

Post Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Post Falls, ID cost?

Median Sold Price

$940,000

$378/sqft

Based on all homes sold in February 2023.

Difference Since Last Month

+$410,000(+77.4%)

Key Takeaway

Homes in Post Falls have sold for 77.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2023Feb 2023%
1 --
N/A
2 --
N/A
3 $530K-
N/A
4 -$940K
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Post Falls
+77.4%
Post Falls-Rathdrum
-10.4%
Coeur D Alene
-23.1%

How many homes are available in Post Falls, ID?

Number of Homes For Sale

Jan 2023Feb 2023%
240280+16.7%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 1617
+6.3%
3 115133
+15.7%
4 97112
+15.5%
5+ 1218
+50.0%

Number of Homes Sold

Jan 2023Feb 2023%
2550+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Post Falls, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jan 2023Feb 2023%
17 Days43 Days+152.9%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Post Falls has remained consistent over time.

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

About Post Falls, ID

Post Falls, ID has 280 homes on the market. Between January 2023 and February 2023, Post Falls, ID real estate market has seen increase in the number of listings by 16.7%. While the average time on the market in February 2023 was 43 days, the median list price was $940,000. Listing prices have changed in this real estate market between February 2022 and February 2023: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, the cost of 3 bedrooms properties went up by 0%, prices of 4 bedrooms properties increased by 0%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 6.3%, 3 bedrooms homes became 15.7% more available, 4 bedrooms homes became 15.5% more available, volume of 5 bedrooms homes went up by 50%. While more than 0 listings in Post Falls, ID in February 2023 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.

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