Is Spirit Lake-Athol, ID a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spirit Lake-Athol is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Spirit Lake-Athol was a Neutral Market.

Key Takeaway

Spirit Lake-Athol is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Spirit Lake-Athol, ID cost?

Median Sold Price

$459,990

$241/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

-$75,010(-14.0%)

Key Takeaway

Homes in Spirit Lake-Athol have sold for 14% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 --
N/A
2 $535K-
N/A
3 -$459.9K
N/A
4 --
N/A
5+ --
N/A

How many homes are available in Spirit Lake-Athol, ID?

Number of Homes For Sale

Dec 2022Jan 2023%
120131+9.2%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 46
+50.0%
2 2119
-9.5%
3 5765
+14.0%
4 2929
0.0%
5+ 912
+33.3%

Number of Homes Sold

Dec 2022Jan 2023%
187-61.1%

Asking Price vs. Sold Price

0 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 Spirit Lake-Athol, expect to pay close to the asking price. 100% of homes here sold near the asking price 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Spirit Lake-Athol are selling fast, if you're buying plan to act quickly.

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

About Spirit Lake-Athol, ID

Spirit Lake-Athol, ID has 131 homes on the market. In January 2023 in Spirit Lake-Athol, ID there were 9.2% more homes for sale than in December 2022. The median list price of listings available in January 2023 was $459,990, while the average time on the real estate market was 23 days. Listing prices have changed in this real estate market between January 2022 and January 2023: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 0%, prices of 3 bedrooms properties increased by 0%, 4 bedrooms properties became 0% more expensive, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes became 50% more available, number of 2 bedrooms homes decreased by 9.5%, the quantity of 3 bedrooms homes went up by 14%, number of 4 bedrooms homes remained the same, 5 bedrooms homes inventory increased by 33.3%. In January 2023, from all listings sold in Spirit Lake-Athol, ID there were more than 0 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price.

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