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 January 2022
Since last year, Post Falls-Rathdrum has remained a Buyer's Market.
Key Takeaway
Post Falls-Rathdrum is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Post Falls-Rathdrum, ID cost?
Median Sold Price
$545,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Key Takeaway
Homes in Post Falls-Rathdrum have sold for 0.9% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | $220K | N/A |
| 2 Bedrooms | $729.9K | $527.5K | -27.7% |
| 3 Bedrooms | $519.9K | $530K | +1.9% |
| 4 Bedrooms | $595K | $697K | +17.1% |
| 5+ Bedrooms | $700K | $825K | +17.9% |
How many homes are available in Post Falls-Rathdrum, ID?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 335 | 369 | +10.1% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 25 | 26 | +4.0% |
| 3 Bedrooms | 163 | 182 | +11.7% |
| 4 Bedrooms | 119 | 133 | +11.8% |
| 5+ Bedrooms | 28 | 28 | 0.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 43 | 30 | -30.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Post Falls-Rathdrum, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 29 Days | 17 Days | -42.4% |
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
Key Takeaway
Many homes in Post Falls-Rathdrum are selling fast, if you're buying plan to act quickly.
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 2023 Spokane Association of REALTORS® MLS. All rights reserved.