Idaho Real Homes Real Estate Office

350 E Kathleen Ave

ste, 400 Coeur d' Alene, Id
83815

1-208-719-9010

Call or text
 

Mon - Fri: 9:00 - 5pm

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Idaho Real Homes Real Estate Office

350 E Kathleen Ave

ste, 400 Coeur d' Alene, Id 83815

1-208-719-9010

Call or text

Mon - Fri: 9:00 - 5pm

Weekends by appointment
Book your apt Here

Real Estate News

Rathdrum Idaho Real Estate News August 2022

Housing Market Trends Rathdrum Idaho

Overall Housing Market Trends

Housing Market Trends Rathdrum Idaho

The housing market for Rathdrum had 37 homes sell in the month of August 2022. The volume of home sales has decreased by 25 homes compared to August 2021 which had 62 home sales.

August 2020 had 60 home sales. August 2019 had 56 home sales. August 2018 had 63 home sales and August 2017 had 40 home sales.

New Construction Homes

The volume of new home sales in Rathdrum has decreased by 18 homes and the average sales price has increased by $23 per SqFt compared to August 2021.

7 New construction homes sold in Rathdrum in August 2022 for an average of $306 per SqFt. The average lot size was 0.24 acres.

These homes sold for an average of 99% of the original listed price. The high seller of the group sold for an average of $352 per SqFt and was from the Brookshire subdivision. The low seller of the group sold for an average of $255 per SqFt and was also from the Brookshire subdivision.

25 New construction homes sold in August 2021 for an average of $283 per sqft.

14 New construction homes sold in August 2020 for an average of $187 per sqft. August 2019 had 3 new construction homes sell on city lots for an average of $201 per sqft. 15 new homes sold in August 2018 on city lots for an average price per square foot of $162. August 2017 had 4 new construction homes sell for an average price per square foot of $136. 

Rathdrum Idaho New Construction Homes for Sale 

New construction homes Rathdrum Idaho

Homes on Existing City Lots Built 2000 or Newer

Rathdrum Homes for Sale

The volume of home sales in this group has decreased by 3 homes and the average sales price has increased by $8 per SqFt compared to August 2021.

11 Existing homes that were built after 2000 sold in August 2022 for an average of $293 per SqFt. The average days on the market was 61. The average lot size was 0.19 acres.

These homes sold for an average of 92% of the original listed price. The high seller of the group sold for an average of $338 per SqFt and was from the Quail Ridge subdivision. The low seller of the group sold for an average of $200 per SqFt and was from the Timber Landings subdivision.

Home sales in this group include homes from the Timber Landings, Corbin Crossing South; and Skyline Meadows communities.

14 Homes that were built after 2000 sold in August 2021 for an average of $285 per sqft. The average time on the market was 53 days.
11 Homes sold in August 2020 for an average of $207 per sqft. The average time on the market was 54 days. 13 Homes sold in August 2019 for an average price of $185 per sqft. They spent an average of 54 days on the market. 8 Homes sold in August 2018 for an average of $148 per square foot and were on the market for an average of 53 days. August 2017 had 15 homes sell for an average price per square foot of $126. The average days on the market were 48 days.

Rathdrum Homes on Less Than an Acre for Sale

Homes on Existing City Lots Built Pre-2000

The volume of home sales in this group has increased by one home and the average sales price has decreased by $25 per SqFt compared to August 2021.

6 Homes that were built prior to 2000 were sold in Rathdrum in the month of August 2022 for an average of $263 per SqFt. The average time on the market was 77 days. The average lot size was 0.18 acres.

These homes sold for an average of 96% of the original listed price. The high seller of the group sold for an average of $383 per SqFt. The low seller of the group sold for an average of $132 per SqFt.

5 Homes that were built prior to 2000 sold in August 2021 for an average of $288 per sqft. The average time on the market was 38 days.

10 Homes that were built prior to 2000 sold in August 2020 for an average of $192 per sqft. The average time on the market was 48 days.10 Homes that were built pre-2000 were sold in August 2019 for an average of $158 per sqft. They spent an average of 66 days on the market. August 2018 had 14 homes sell for an average of $149 per square foot. They were on the market for an average of 69 days.

Rathdrum Homes on Less than an Acre for Sale 

Rathdrum Real Estate for Sale

Rathdrum Homes on Acreage

Homes on 1 Acre Lots

The volume of home sales on 1-acre lots has increased by 2 homes and the average sales price for existing homes has increased by $38 per SqFt compared to August 2021.

6 Homes on 1-acre lots were sold in Rathdrum in the month of August 2022 for an average of $363 per SqFt. The average time on the market was 134 days. The average lot size was 1.5 acres.

These homes sold for an average of 96% of the original listed price. The high seller of the group sold for an average of $500 per SqFt and was from the Lost Creek subdivision. The low seller of the group sold for an average of $276 per SqFt and was from the Copper Valley subdivision.

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

August 2021 had 4 home sales on 1-acre lots: 1 new construction sold for an average of $334 per SqFt & 3 existing homes sold for an average of $325 per SqFt.

4 Homes sold in August 2020 for an average of $216 per sqft. The average time on the market was 47 days. 2 Homes on 1-acre lots sold in August 2019 for an average of $154 per sqft. The average time on the market was 148 days. August 2018 had 2 homes sell on 1 acre lots for an average of $196 per square foot and were on the market for an average of 70 days. No 2017 sales to compare to.

Rathdrum Homes on 1 Acre for Sale

Homes on 5 Acre Lots

Rathdrum Homes on 5 Acres for Sale

The volume of home sales on 5-acre lots has decreased by 4 homes and the average sales price has increased by $104 per SqFt compared to August 2021.

3 Homes on 5-acre lots were sold in Rathdrum in the month of August 2022 for an average of $435 per SqFt. The average time on the market was 77 days. The average lot size was 6 acres.

These homes sold for an average of 91% of the original listed price. The high seller of the group sold for an average $583 per SqFt. The low seller of the group sold for an average of $298 per SqFt.

7 Homes sold in the 5-acre group in August 2021 for an average of $331 per sqft. The average time on the market was 83 days. 

August 2020 had 10 home sales in this group: 2 new construction sold for an average of $237 per sqft. and 8 existing homes sold for an average of $250 per sqft. and the average time on the market was 57 days.  August 2019 had 12 home sales in this group: 3 new construction sold for an average of $229 per sqft. and 9 existing homes sold for an average of $220 per sqft. and the average time on the market was 81 days.  6 Homes sold in August 2018 for an average sales price of $167 per square foot.  The average days on market were 109 days. 7 Homes sold in August 2017 for an avergae of $164 per sqft. and the average time on the market was 185 days.  

Homes on 10 Acres

No Rathdrum homes on 10 acres were sold in August 2022.

1 Home sold in the 10-acre group in Rathdrum during August 2021 for an average of $288 per sqft. The average time on the market was 112 days. 

3 Homes sold in the 10-acre August 2020 for an average of $247 per sqft. The average time on the market was 94 days. 1 Home on a 10-acre lot was sold in August 2019 for an average of $147 per sqft and spent an average of 74 days on the market. 4 Homes sold in August 2018 for an average price per square foot of $199. They were on the market for an average of 67 days. 2 Homes were sold in August 2017 for an average price of $163 per square foot and were on the market for around 60 days. 

Homes with Over 10 Acres

1 Home with over 10 acres was sold in August 2022 for an average of $365 per SqFt. The average time on the market was 61 days. The average size of the lot was 14.5 acres. This home sold for an average of 78% of the original listed price.

No August 2021 homes with over 10 acres sold.

No August 2020 home sales in this group. August 2019 had 1 home sell for an average of $733 per SqFt, the average time on the market was 394 days, and the average size of the lot was 160 acres. No August 2018 sales. No August 2017 sales.

Waterfront Homes

Rathdrum Waterfront Homes for Sale

The volume of waterfront home sales in Rathdrum has decreased by one home and the average sales price has decreased by $120 per SqFt compared to August 2021.

1 Waterfront home was sold in Rathdrum in the month of August 2022 for an average of $278 per SqFt. The average time on the market was 65 days. The average size of the lot was 0.48 acres. This home sold for an average of 82% of the listed price and was from the Percy Cochran subdivision.

2 Waterfront homes sold in  August 2021 for an average of $398 per sqft. The average time on the market was 67 days. 

2 Waterfront homes sold in Rathdrum during August 2020 for an average of $408 per sqft. The average time on the market was 56 days. No August 2019 home sales in this group. August 2018 had 2 waterfront homes sell for an average of $259 per sqft. and the average time on the market was 119 days. No August 2017 waterfront home sales to compare to.

Rathdrum Idaho Waterfront Homes for Sale

Golden Spike 55+ Community in Rathdrum

The volume of home sales in Golden Spike has decreased by 2 homes and the average sales price has decreased by $3 per SqFt compared to August 2021.

1 Home sold in the Golden Spike 55+ community in August 2022 for an average of $269 per SqFt. The average time on the market was 39 days. This home sold for an average of 98% of the original listed price.

3 Homes sold in the Golden Spike 55+ Community during August 2021 for an average of $272 per sqft. The average time on the market was 39 days. 

1 Manufactured home on a rented lot sold in the Golden Spike Estates community during August 2020. The average sales price was $103 per sqft. The average time on the market was 72 days.6 Golden Spike 55+ community homes were sold in Rathdrum Idaho for the month of August 2019. The average sale price was $141 per sqft and the average time on the market was 77 days. No Sales this August 2018 in Golden Spike. Golden Spike had 3 homes sell in August 2017 for an average price of $146 per square foot with 66 days on average for days on market.  

Golden Spike 55+ Homes for Sale

Condos

No August 2022 condo sales.

No August 2021 condo sales.

5 Condos sold in Rathdrum Idaho during August 2020 for an average of $159 per sqft. The average time on the market was 68 days.7 Condos sold in Rathdrum Idaho for the month of August 2019. The average sale price was $133 per sqft. The average time on the market was 72 days. 5 Condos sold in August 2018 for an average of $113 per sqft. and the average time on the market was 37 days. August 2017 had 5 condos sell for an average of $127 per sqft. and the average time on the market was 80 days. 

Rathdrum Condos for Sale

Manufactured Homes on Leased Land

Rathdrum Real Estate for Sale

The volume of home sales in this group has remained the same and the average sales price has decreased by $14 per SqFt compared to August 2021.

1 Manufactured home on a leased lot sold in August 2022 for an average of $90 per SqFt. The average time on the market was 36 days. This home sold for an average of 85% of the original listed price and was from Meadow View Park.

1 Manufactured home on a leased lot sold in August 2021 for an average of $104 per sqft. The average time on the market was 35 days.

1 Manufactured home on a rented lot sold during August 2020, this home sale is in the Golden Spike category.1 Manufactured home on a leased lot sold in Rathdrum Idaho for the month of August 2019. It sold for an average of $38 per sqft and spent an average of 67 days on the market. August 2018 had 1 home sell in this group for an average of $34 per sqft. and the average time on the market was 8 days. No August 2017 home sales.

Rathdrum Under $100k for Sale

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Rathdrum Homes for Sale

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