Rathdrum Idaho Real Estate Housing Market Update June 2018

Rathdrum Idaho June 2018 Real Estate Home Values Update

Rathdrum Idaho in Kootenai County sold 54 homes this June 2018 down from the 64 homes that sold in 2017.   Prices are up on New Construction and existing home sales.  Homes on acreage are holding steady.  Se below how it breaks out.

 

Rathdrum Idaho New Construction

Rathdrum Idaho New construction Volume down prices are up.

9 new Construction homes selling in June 2018.  These homes averaged $167 per square foot.  The average lot size was .25 acres.  Prices ranged on these from as low as $148 per square foot in Timber Landings all the way up to $187 in Prairie Sky.  Most of the new Construction is happening in Prairie Sky, Timber Landings Estates and Skyline Meadows this month.

Rathdrum Idaho New Construction Homes for sale

2017 had 24 new homes sold this month for an average price of $144 per square foot.  

 

 

Rathdrum Homes on Existing City  Lots Built 2000 or Newer

Rathdrum homes on less than an acre for sale

June 2018 14 homes sold in this age group.

These 14 homes averaged $154 per square foot and were on the market an average of 78 days.  The average lot size was .25 of an acre.  Homes in this age group are coming from Skyline Meadows, Timber Landings Estates, Radiant Lake and Sawtooth Estates.

 

Rathdrum Homes on Existing City Lots Built Pre-2000

Rathdrum homes on less than an acre for sale

June 2018 had 14 Homes selling in Rathdrum that were built Pre-2000

14 homes sold this June that was built pre 2000 These homes averaged $146 per square foot and were on the market for an average of 65 days.  The average lot size is .20 of an acre.  You will find these homes in Deerfield, meadowland, Copper Valley Estates, Prairie Estates and Handy’s.

 

Rathdrum existing homes sales last year had 21 homes selling for an average price of $142 per square foot.  The average days on market were 72 days.

 

 

Rathdrum Idaho 83858

Rathdrum Idaho Real Estate Update for June 2018

Rathdrum Homes on Acreage

Rathdrum Homes on Over 1 Acre

Rathdrum Homes on 1 Acre Lots

One home this June sold in Rathdrum on a 1-acre lot.  The home was in Wild Ridge Estates and sold for an average price of $206 per square foot.

No 2017 to compare to.

Rathdrum Homes on 2 Acre Lots

June 2018 had 3 homes selling on around 2 acres.  These homes averaged out at 2.48 acres.  They were all large homes 3500 sq ft or more and they sold for an average price of $124 per square foot.  The average days on market for these homes was 129 days.  One of these homes was in Hoyt Ranch the other 2 were not in a development.

No 2017 to Compare to.

Rathdrum Homes on 5 Acre Lots

With 8 homes selling this June on 5 acre lots we saw an average price per square foot on these coming in at $177 per square foot.  The average lot size was 4.99 acres and the average days on market came in at 131 days.  Most of these were not in a development but you did have one each in Elkhorn Ranch and one in Selkirk Meadows.

June 2017 had 6 homes on land sell.  They averaged $175 per square foot and were on the market for approx 80 days.

Rathdrum Homes on 10 Acres

2 Homes selling in this category this June 2018.

They averaged $214 per square foot and averaged 82 days on market.  The average lot size was 9,7 acres.  These homes came from Ashley Estates and State Addition to Rathdrum.

June 2017 had 2 homes selling on 10 acre lots.  They averaged approx $175 per square foot.

Rathdrum Homes over 10 Acres

June 2018 we had one home sell that was over 10 acres.  It was a 2004 build home that was on over 288 acres.  The home was extremely large and sold for an average price per square foot of $279.

No 2017 to Compare to.

Rathdrum Waterfront Homes

Rathdrum Idaho Lake Front Homes for sale

2018 June had 4 waterfront homes selling this month.  2 Homes on Radiant Lake that sold for an average price of $175 per square foot.  These homes were on an average lot size of .295 acres and were on the market an average of 105 days.

The other 2 waterfront Homes were Twin Lakes Lakefront homes and we are pretty diverse in the price we had a 1579 sq foot home sell for $345 per square foot and a cabin selling for $504 per square foot.  The average days on market was 45 days for these 2 homes.

June 2017 had no Twin Lakes sales.  They did have 3 new construction sales on Radiant lake that averaged $166 per square foot.

Rathdrum 55+ Community in Golden Spike

June 2018 had 4 homes in Golden Spike sell this month.  These homes averaged $152 per square foot and were on the market for an average of 63 days.  No lot size included as you do not own the lot in this community.

June 2017 also had 4 homes selling in Golden Spike.  The average price per square foot was $125 and the averaged days on market were 82 days.

 

Rathdrum Condos

All 4 condo sales this June were in Twin Lakes Community.  The condos selling this month averaged $100 per square foot and were on the market for an average of 116 days.

2017 had 6 condos sell in Twin Lakes Village.  They sold for an average price of $98.80 and were on the market an average of 81 days. 

Rathdrum Condos for sale

 

Rathdrum Manufactured Homes on Leased Land

Rathdrum Under 100K for sale

No June 2018 sales for Manufactured homes on Leased land

 

 

Rathdrum Home Value Results for Previous Months

Rathdrum monthly updates

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Rathdrum Homes for Sale

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