Is Post Falls-Rathdrum, ID a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Post Falls-Rathdrum was a Neutral Market.
Housing Prices in Post Falls-Rathdrum, ID
How much do homes in Post Falls-Rathdrum, ID cost?
Median Sold Price
$435,000
$234/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Post Falls-Rathdrum was $435,000 in February 2024, up 18.4% from last month, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $367.5K | $435K | +18.4% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Post Falls-Rathdrum housing prices by bedroom type for February 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 increased by 18.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Post Falls | $260K | $435K | +67.3% |
Post Falls-Rathdrum | $367.5K | $435K | +18.4% |
Housing Supply in Post Falls-Rathdrum, ID
How many homes are available in Post Falls-Rathdrum, ID?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
316 | 323 | +2.2% |
Summary: The Post Falls-Rathdrum real estate market had 323 homes for sale in February 2024, a 2.2% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 17 | 22 | +29.4% |
3 Bedrooms | 165 | 173 | +4.8% |
4 Bedrooms | 108 | 104 | -3.7% |
5+ Bedrooms | 24 | 22 | -8.3% |
Summary: The Post Falls-Rathdrum housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
52 | 64 | +23.1% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Post Falls-Rathdrum in February 2024, up by 23.1% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Post Falls-Rathdrum, ID
How long does it take to sell a home in Post Falls-Rathdrum, ID?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
63 Days | 5 Days | -92.1% |
Summary: Homes in Post Falls-Rathdrum had an average of 5 days on market in Feb 2024, down by 92.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 64 homes were sold in Post Falls-Rathdrum; 2% 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.