Rathdrum Idaho Real Estate September 2018 Market Update

Rathdrum Idaho September 2018 Home Values Update

Rathdrum sold 37 homes this September 2018. Compared to 47 homes sold in September 2017 and 59 properties sold in September 2016.  There is currently 131 homes for sale in the Rathdrum market or 3 1/2 months worth of inventory.

 

Rathdrum Idaho New Construction

Rathdrum had 10 New Construction homes.  8 of them on City Lots.  The 9th on a 5 Acre lot that will be with the acreage.  And the 10th a Radiant lake Waterfront home that will be with the waterfront.

Of the 8 on City lots 3 of them sold in Prairie Sky built by Benway quality Homes and they sold for an average price per square foot of $177.  The average lot size was .19 acres.

The other 5 homes all built in Timber Landings Estates all built by Viking Construction and all with unfinished basements.  Sold for an average price per square foot of $93.  The average lot size was .23

September 2017 had 13 new construction homes sell.  12 on city lots selling for an average price per square foot of $163.  September 2016 had 13 properties sell as well and they sold for an average price per square foot of $140.

Rathdrum Idaho New Construction Homes for sale

 

 

 

Rathdrum Homes on Existing City  Lots Built 2000 or Newer

8 Homes built from 2000 to 2017 were sold in Rathdrum this September.  They sold for an average price per square foot of $172 and were on the market for an average of 49 days.  The average lot size was .22 acres.

your high seller in this group this month was a couple of homes in Radiant Lake that brought in the high number side of the average coming in at $200 per square foot.  Your low side was Boekel Ranch and Skyline Meadows with the Boekel being the lowest at $129 per square foot.  Other sales in this age group included North Ranch @Corbin and Meadowland.

 

19 Homes sold on existing lots in Rathdrum in 2017.  Sorry I wasn’t splitting ages up last year.  Those 19 homes sold for $154 per square foot and were on the market for an average of 51 days.  2016  sold 27 homes and those homes sold for $124 per square foot on average and were on the market for 122 days on average. 

Rathdrum homes on less than an acre for sale

 

Rathdrum Homes on Existing City Lots Built Pre-2000

5 Homes built Pre- 2000 sold in Rathdrum this September.  They sold for an average price per square foot of $168 and were on the market for an average of 44 days.  Average lot size was .21 acres.

Of these homes, the majority of the sales were in Prairie Estates which actually came in with the high end of this average with an average price per sqft of $195.  The low end of these was brought in by Roth at $130 per sq ft and Arthurs Garden.

Rathdrum homes on less than an acre for sale

Rathdrum Idaho Real Estate

Rathdrum Idaho Real Estate September 2018 Housing update

 

Rathdrum Homes on Acreage

Rathdrum Homes on Over 1 Acre

Rathdrum Homes on 1 Acre Lots

No Rathdrum homes on 1 acre this September 2018

2017 had 2 homes on 2.14 acres selling for $170 per sqft.

Rathdrum Homes on 5 Acre Lots

3 Homes on 5 acre lots this September 2018.  They averaged $223 per square foot and were on an average lot size of 5 acres.  The average days on market were 232 days.

These homes included one home in Moose Haven Estates and one new construction home built by Timbered Ridge.   Lots of days on market for all of these homes.

September 2017 had 2 homes on 5 acre lots selling for $120 per sqft and they were on the market for 118 days.  Sept. 2016 had 3 homes sell for $131 per sqft 73DOM.  

 

Rathdrum Homes on 10 Acres

We had 1 home on an 8.86-acre lot sell this September it was in Serenity Park and was on the market for 89 days.  The average price per square foot was $141.

September 2017 had 2 homes sell on 10 acre lots they averaged $214 per sqft and spent 218 DOM.  Comparatively 2016 also had 2 homes they sold for $113 per sqft and were on the market for 104 days.  

Its time to sell this fall

4 Reasons to sell this fall

Rathdrum Waterfront Homes

3 Waterfront homes selling this September.

One cabin on Twin Lakes that sold for $492 per square foot and was on the market for 68 days.

Two Radiant Lake homes one selling for $149 per square foot. it was a 2012 build and was on the market for 74 days.  The other home was a New Construction home built by Monogram that sold for an average price per square foot of $220.

 

September 2017 had 2 waterfront homes sell.  They sold for an average of $252 per sqft and were on the market for an average of 254 days.  Sept 2016 had 2 properties also they sold for an average of $162 per sqft and were on the market for 73 days on avg.

Rathdrum Idaho Lake Front Homes for sale

 

Rathdrum 55+ Community in Golden Spike

Rathdrum had 3 homes in Golden Spike sell this September.  They sold for an average price per square foot of $146 and were on the market for an average of 73 days.

September 2017 had 2 properties in Golden spike sell and they were for $132 per sqft 77 dom.   

Rathdrum Condos

Twin Lakes had a very active month of September with 6 condos selling this month.  They sold for an average price of $108 per square foot and were on the market for an average of 71 days.

4 Twin lakes Condos in 2017 selling for an average price per sqft of $107.  They were 82 dom on average.  September 2016 had 5 condos sell they went for $95 per sqft on avg and were 99 days on market. 

Rathdrum Condos for sale

 

Rathdrum Manufactured Homes on Leased Land

No manufactured homes on leased land this September 2018.

One Manufactured in 2017 sold for $28.70 per sqft.

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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