Rathdrum Real Estate April 2020

Rathdrum Idaho April 2020 Home Values Update

49 Homes sold in Rathdrum Idaho during the month of April 2020. The volume of home sales has increased by 16 homes compared to April 2019 which had 33 home sales. 99 Homes are currently on the market, so about 2 months of inventory.

April 2018 had 32 home sales and April 2017 had 30 home sales.

During the Covid-19 pandemic, we will be updating you on the current inventory in each category.

Rathdrum Idaho New Construction

The volume of home sales in this group has increased by 3 houses and the average sales price has increased by $42 per sqft. compared to April 2019. There are currently 24 new construction homes on the market.

11 New construction homes sold in Rathdrum Idaho during the month of April 2020 for an average of $210 per sqft. The average lot size was 0.16 acres.

These homes sold for an average of 102% of the listed price. The high seller of the group sold for an average of $260 per sqft. and was from the Diamond Spike 55+ community. The low seller of the group sold for an average of $175 per sqft. and was from the Brookshire community.

Home sales in this group include homes from the Corbin Crossing South subdivision.

April 2019 had 8 new construction homes sell for an average of $168 per sqft.

April 2018 also had 8 new construction homes sell for an average of $189 per sqft. April 2017 had 9 new construction homes sell for an average of $184 per sqft.

Rathdrum Idaho New Construction Homes for sale

Rathdrum Homes on Existing City  Lots Built 2000 or Newer

The volume of home sales in this group has increased by 11 homes and the average sales price has increased by $26 per sqft. compared to April 2019. There are currently 18 homes on the market in this category.

15 Homes that were built after the year 2000 sold in Rathdrum Idaho during the month of April 2020 for an average of $202 per sqft. The average time on the market was 83 days. The average lot size was 0.25 acres.

These homes sold for an average of 101% of the listed price. The high seller of the group sold for an average of $279 per sqft. and was from the Legacy Place subdivision. The low seller of the group sold for an average of $148 per sqft. and was from the Timber Landings subdivision.

Home sales in this group include houses from the Timber Landings; Prairie Sky; and Skyline Meadows communities.

April 2019 had 4 homes sell in this group for an average of $176 per sqft. and the average time on the market was 36 days.

Rathdrum homes on less than an acre for sale

Rathdrum Homes on Existing City Lots Built Pre-2000

The volume of home sales in this group has declined by 6 homes and the average sales price has increased by $39 per sqft. compared to April 2019. There are currently 7 homes on the market in this category.

4 Homes that were built pre-2000 sold in Rathdrum Idaho during April 2020 for an average of $183 per sqft. and the average time on the market was 45 days. The average lot size was 0.2 acres.

These homes sold for an average of 97%of the listed price. The high seller of the group sold for an average of $223 per sqft. The low seller of the group sold for an average of $149 per sqft. and was from the Hidden Pines subdivision.

Home sales in this group include houses from the Deerfield subdivision.

April 2019 had 10 homes sell for an average of $144 per sqft. and the average time on the market was 47 days.

Rathdrum homes on less than an acre for sale

Rathdrum Homes on Acreage

Rathdrum Homes on Over 1 Acre

Rathdrum Homes on 1 Acre Lots

No home sales in this group for the month of April 2020. There are currently 6 homes on the market in this group.

No 2019 sales on 1 acre lots.  

April 2018 had 1 home selling for an average of $150 per sqft with an average of 40 days on the market.  And 2017 had 1 home selling for an average of $127 per sqft with an average of 184 days on the market.  

Rathdrum Homes on 5 Acre Lots

The volume of home sales in this group has increased by 4 homes and the average sales price has increased by $24 per sqft. compared to April 2019. There are currently 17 homes on the market in this group.

7 Existing homes with 5-acre parcels sold in Rathdrum Idaho during the month of April 2020. The average sales price was $234 per sqft. and the average time on the market was 156 days. The average lot size was 4.8 acres.

These homes sold for an average of 97% of the listed price. The high seller of the group sold for an average of $276 per sqft. and was from the Elkhorn Ranch subdivision. The low seller of the group sold for an average of $199 per sqft. and was from the Lone Mountain subdivision. 

Home sales in this group include houses from the Elkhorn Ranch community.

April 2019 had 3 homes sell for an average of $210 per sqft. and the average time on the market was 64 days.

April 2018 had 3 homes selling for an average price per sqft of $216 with an average of 68 days on market.  No 2017 home sales to compare

Rathdrum Homes on 10 Acres

The volume of home sales in this group has remained the same and the average sales price has increased by $73 per sqft. compared to April 2019. There are currently 8 homes on the market in this group.

1 Home sold in the 10-acre category in Rathdrum during April 2020 for an average of $233 per sqft. The average time on the market was 45 days.

The average size of the lot was 10.12 acres. This home sold for an average of 98% of the listed price.

April 2019 had one home sell for an average of $160 per sqft with an average of 29 days on the market.

April 2018 had 2 homes selling for an average price per sqft. of $163 with an average of 148 days on the market.  2017 had 1 home selling for an average price per sqft of $114 with an average of 51 days on the market.  

Rathdrum Waterfront Homes

The volume of home sales in this group has increased by three homes and the average sales price has increased by $147 per sqft. compared to April 2019. There are currently 8 waterfront homes on the market.

4 Waterfront homes sold in Rathdrum Idaho during April 2020 for an average of $310 per sqft. and the average time on the market was 154 days. The average lot size was 0.3 acres.

These homes sold for an average of 92% of the listed price.  The high seller of the group sold for an average of $553 per sqft. The low seller of the group sold for an average of $183 per sqft. and was from the Radiant Lake subdivision.

Home sales in this group include houses from the Radiant Lake community.

April 2019 had one waterfront home sell for an average of $163 per sqft. and it spent an average of 148 days on the market.

April 2018 had 1 home selling in Echo Beach for an average of $355 per sqft with an average of 326 days on the market.  No 2017 sales.  

Rathdrum Idaho Lake Front Homes for sale

Rathdrum 55+ Community in Golden Spike

The volume of home sales in this group has increased by one home and the average sales price has increased by $31 per sqft. compared to April 2019. There are currently 4 homes on the market in the Golden Spike subdivision.

2 Homes on leased lots sold in the Golden Spike community during April 2020. The average sales price was $176 per sqft. and the average time on the market was 48 days.

These homes sold for an average of 100% of the listed price. The high seller of the group sold for an average of $185 per sqft. and the low seller of the group sold for an average of $168 per sqft.

April 2019 had one home sell for an average of $145 per sqft. and the average time on the market was 45 days.

April 2018 had 2 homes selling for an average price per sqft of $155 with an average of 56 days on market.  April 2017 had 7 homes selling for an average price per sqft of $132 with an average of 132 days on the market.  

Rathdrum Condos

The volume of condo sales has decreased by one home and the average sales price has decreased by $20 per sqft. compared to April 2019. There are currently 6 condos on the market.

2 Condos sold in Rathdrum Idaho during the month of April 2020 for an average of $194 per sqft. The average time on the market was 67 days. The average lot size was 0.08 acres.

These homes sold for an average of 103% of the listed price. The high seller of the group sold for an average of $270 per sqft. and was from the Radiant Lake Condos community. The low seller of the group sold for an average of $118 per sqft. and was from the Twin Lakes Village community.

Homes sales in this group include homes from the Twin Lakes Village.

April 2019 had 3 condos sell for an average of $214 per sqft. and the average time on the market was 46 days.

April 2018 had 1 condo selling for an average of $91 per sqft and 2017 had 4 condos selling for an average of $89 per sqft.  

Rathdrum Condos for sale

Rathdrum Manufactured Homes on Leased Land

There currently isn’t any manufactured homes on leased lots for sale in Rathdrum Idaho.

3 Manufactured homes with leased lots sold in Rathdrum Idaho during April 2020 for an average of $32 per sqft.  The average time on the market was 27 days.

These homes sold for an average of 87% of the listed price. The high seller of the group sold for an average of $41 per sqft. The low seller of the group sold for an average of $27 per sqft. 

No 2019 or 2018 sales.

April 2017 had 2 homes selling for an average of $89 per sqft with an average of 41 days on the market.  

Rathdrum Under 100K for sale

Rathdrum Home Value Results for Previous Months

Rathdrum monthly updates

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Rathdrum Homes for Sale

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