Idaho Real Homes Real Estate Office

350 E Kathleen Ave

ste, 400 Coeur d' Alene, Id
83815

1-208-719-9010

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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

Rathdrum Idaho Home Values October 2022

Rathdrum had 37 home sales in October 2022. 17 Fewer homes were sold compared to October 2021’s 54 home sales, so we are seeing the market cool down a little. Volume is down 31% over October 2021. Overall, single-family homes one less than an acre sold for an average of $326 per SqFt and were on the market for an average of 98 days. Average sales price for them is up 15% and average days on the market have increased 15% over October 2021.

October 2020 had 64 home sales, October 2019 had 45 home sales, and October 2017 had 65 home sales.

If you own a Rathdrum home or if you’re looking for a home in Rathdrum, you need our monthly market reports! We at Idaho Real Homes know the market best. We research and publish the latest local real estate trends every single month so you have the knowledge to make the best real estate investment! 

In our monthly real estate market report, we have the average price per square foot of new construction homes, homes on city lots, homes on acreage, waterfront, and much more. We also have the average days on the market for each group of homes and how much of the original listed price they sold for. 

Are you curious about past market reports or want more information about Rathdrum?  Visit our community page and contact us today!

Rathdrum Home Values

Rathdrum Idaho Home Values

Rathdrum Home Values

New Construction Homes

The volume of new construction home sales have decreased by 47% and the average sales price per SqFt has increased by 16% compared to October 2021.

8 New construction homes sold in Rathdrum in October 2022 for an average of $345 per SqFt. The average lot size was 0.28 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 $419 per SqFt and was from the Thayer Farms subdivision. The low seller of the group sold for an average of $271 per SqFt and was also from the Thayer Farms subdivision.

15 New construction homes sold in October 2021 for an average of $297 per sqft. The average lot size was 0.2 acres.

22 New construction homes sold during October 2020 for an average of $191 per sqft. 5 New construction homes were sold in October 2019 for an average of $167 per sqft. 14 New construction homes sold in October of 2018 for an average price per sqft of $149. 10 New construction homes sold in October 2017 for an average price per sqft of $175.

Rathdrum Idaho New Construction Homes for Sale 

Homes Sold on Existing City Lots Built 2000 or Newer

Rathdrum Homes for Sale

The volume of home sales, that were built after 2000, has decreased by 40% and the average sales price per SqFt has increased by 9% compared to October 2021.

6 Existing homes that were built after 2000 were sold in Rathdrum, Idaho in October 2022. The average sales price was $312 per SqFt. The average time on the market was 94 days. The average lot size was 0.26 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 $385 per SqFt and was from the Thayer Farms subdivision. The low seller of the group sold for an average of $242 per SqFt and was from the Brookshire subdivision.

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

10 Homes that were built after 2000 sold in October 2021 for an average of $284 per sqft. The average time on the market was 40 days.

13 Homes sold in October 2020 for an average of $210 per sqft. The average time on the market was 45 days. 10 Homes sold in October 2019 for an average of $195 per sqft. and the average time on the market was 63 days. 9 Homes sold in October of 2018 for an average price per sqft of $182 and were on the market for an average of 77 days.

Rathdrum Homes on Less Than an Acre for Sale

Homes Sold on Existing City Lots Built Pre-2000

The volume of home sales,that were built pre-2000, have decreased by 67% and the average sales price per SqFt has increased by 14% compared to October 2021. 

4 Rathdrum homes that were built prior to 2000 were sold in October 2022 for an average of $308 per SqFt. The average time on the market was 50 days. The average lot size was 0.25 acres.

These homes sold for an average of 98% of the original listed price. The high seller of the group sold for an average of $360 per SqFt. The low seller of the group sold for an average of $232 per SqFt and was from the Arthurs Garden subdivision.

Home sales in this group include homes from the Deerfield community.

12 Homes that were built pre-2000 sold in October 2021 for an average of $269 per sqft. The average time on the market was 51 days.

9 Homes sold in October 2020 for an average of $185 per sqft. The average time on the market was 54 days. 10 Homes that were built prior to 2000 sold in October 2019 for an average of $159 per sqft. and the average time on the market was 72 days. 9 Homes sold in October of 2018 for an average price per sqft. of $154 and were on the market for an average of 45 days. 

Rathdrum Homes on Less than an Acre for Sale 

Rathdrum Idaho Homes for Sale

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Rathdrum Home Values on Acreage

Homes on 1 Acre Lots

The volume of home sales on 1-acre lots has increased by one home and the average sales price has increased by 18% over October 2021.

2 Homes on 1-acre lots sold in October 2022 for an average of $309 per SqFt. The average time on the market was 121 days. The average lot size was 2.5 acres.

These homes sold for an average of 87% of the original listed price. The high seller of the group sold for an average of $338 per SqFt and was from the Singer Ranch subdivision. The low seller of the group sold for an average of $280 per SqFt and was from the Sunrise Acres subdivision.

1 Home sold in October 2021 for an average of $260 per sqft. The average time on the market was 49 days.

3 Homes sold in the 1-acre group in October 2020 for an average of $181 per sqft. The average time on the market was 87 days. No home sales in this category for the month of October 2019. 4 Homes sold in this group in October of 2018 for an average of $186 per sqft.

New Homes on 5 Acre Lots

1 New construction home on 5-acre lot sold in Rathdrum in October 2022 for an average of $409 per SqFt. The average time on the market was 51 days.

The average size of the lot was 5.2 acres. This home sold for an average of 100% of the original listed price and was from the Lone Mountain Estates subdivision.

1 New construction home sold in October 2021 for an average of $341 per sqft. The average size of the lot was 4.7 acres.

October 2020 had 1 new construction home sell for an average of $257 per SqFt. October 2019 had 3 new construction homes sell for an average of $254 per SqFt. October 2018 had 3 new construction homes on 5 acres sell for an average of $225 per SqFt.

Existing Homes on 5 Acre Lots

Homes on 5 Acres for Sale

The volume of home sales on 5-acre lots has increased by 2 homes and the average sales price has decreased by 2% compared to last October.

7 Existing homes were sold in the 5-acre category in October 2022 for an average of $380 per SqFt. The average time on the market was 65 days. The average lot size was 5.2 acres.

These homes sold for an average of 95% of the original listed price. The high seller of the group sold for an average of $468 per SqFt. The low seller of the group sold for an average of $252 per SqFt and was from the Cone Crest subdivision.

Home sales in this group include homes from the Boekel Estates community.

5 Existing homes sold in October 2021 for an average of $388 per sqft. The average time on the market was 79 days. The average lot size was 5.3 acres. 

October 2020 had 5 homes sell for an average of $225 per sqft. and spent an average of 64 days on the market. October 2019 had 8 existing homes sell for an average of $220 per sqft. and spent an average of 106 days on the market. October 2018 had 3 existing homes sell for an average of $167 per sqft. and the average time on the market was 197 days.  

Homes on 10 Acres

The volume of home sales on 10 acre lots have increased by one home and the average sales price has increased by 12% compared to October 2021.

3 Homes sold in the 10-acre group in Rathdrum, Idaho in October 2022 for an average of $279 per SqFt. The average time on the market was 103 days. The average lot size was 9.7 acres.

These homes sold for an average of 77% of the original listed price. The high seller of the group sold for an average of $309 per SqFt and was from the Morrison subdivision. The low seller of the group sold for an average of $247 per SqFt.

2 Homes sold in October 2021 for an average of $249 per sqft. The average time on the market was 514 days. 

4 Homes sold in October 2020 for an average of $303 per sqft. The average time on the market was 53 days. No home sales in this category for the month of October 2019. October 2018 had 1 home sell for an average of $249 per sqft. and spend an average of 83 days on the market. October 2017 had 2 homes sell for an average of $234 per sqft. and spend an average of 106 days on the market. 

Rathdrum Homes on Land for Sale

Homes with Over 10 Acres

2 Rathdrum homes with over 10 acres were sold in October 2022 for an average of $404 per SqFt. The average time on the market was 300 days. The average lot size was 17.6 acres.

These homes sold for an average of 55% of the original listed price. The high seller of the group sold for an average of $410 per SqFt. The low seller of the group sold for an average of $398 per SqFt.

1 New construction home with over 10 acres sold in October 2021 for an average of $394 per sqft. The average size of the lot was 20 acres. 

No October 2020 home sales in this group. October 2019 had 1 home sell for an average of $375 per sqft. and the average size of the lot was 18 acres. This home spent an average of 84 days on the market. October 2018 had 1 home sell for an average of $163 per sqft. and the average size of the lot was 19 acres. This home spent an average of 62 days on the market. 

Waterfront Homes

Waterfront Homes Rathdrum Idaho

The volume of waterfront home sales have increased by one home and the average sales price has increased by 9% compared to October 2021.

2 Waterfront homes were sold in Rathdrum, Idaho in October 2022 for an average of $821 per SqFt. The average time on the market was 69 days. The average lot size was 0.47 acres.

These homes sold for an average of 97% of the original listed price. The high seller of the group sold for an average of $865 per SqFt and was from the Freeman subdivision. The low seller of the group sold for an average of $777 per SqFt and was from the Echo Beach subdivision.

1 Waterfront home sold in October 2021 for an average of $748 per sqft. The average time on the market was 106 days. The average size of the lot was 0.3 acres. 

2 Waterfront homes sold in October 2020 for an average of $359 per sqft. The average time on the market was 359 days. No home sales in this category for the month of October 2019. 2 Homes sold in October 2018 for an average of $285 per sqft. and spent an average of 91 days on the market. 3 Homes sold in October 2017 for an average of $190 per sqft. and spent an average of 103 days on the market.

Rathdrum Idaho Waterfront Homes for Sale

Golden Spike 55+ Community in Rathdrum

The volume of Golden Spike home sales have decreased by 3 homes and the average sales price has increased by $1 per SqFt compared to October 2021.

1 Stick built home sold in the Golden Spike 55+ Community in October 2022 for an average of $250 per SqFt. The average time on the market was 47 days. This home sold for an average of 93% of the original listed price.

4 Homes sold in the Golden Spike 55+ Community in October 2021 for an average of $249 per sqft. The average time on the market was 40 days. 

3 Homes sold in October 2020 for an average of $195 per sqft. The average time on the market was 47 days. No home sales in the Golden Spike community in October 2019. 3 Homes sold in October 2018 for an average price per sqft of $164 with average days on the market of 86 days. October 2017 had 7 homes sell for an average price per sqft of $116 and were on the market for an average of 83 days.

Golden Spike 55+ Homes for Sale

Condos

The volume of condo sales has remained the same and the average sales price has increased by 35% compared to October 2021.

1 Rathdrum condo sold in October 2022 for an average of $405 per SqFt. The average time on the market was 93 days. The average lot size was 0.03 acres.

This condo sold for an average of 91% of the original listed price and was from the Radiant Lake Condos.

1 Condo sold in October 2021 for an average of $301 per sqft. and spent an average of 31 days.

1 Condo sold in October 2020 for an average of $195 per sqft. The average time on the market was 74 days. 8 Condos were sold during October 2019 for an average of $164 per sqft. The average time on the market was 64 days. 3 Condos were sold in October 2018 for an average of $148 per sqft. and spent an average of 80 days on the market. No 2017 sales to compare.

Rathdrum Condos for Sale

Manufactured Homes on Leased Land

No manufactured homes on leased lots were sold in Rathdrum, Idaho in October 2022.

1 Manufactured home on a leased lot sold in October 2021 for an average of $53 per sqft. The average time on the market was 111 days. 

1 Manufactured home on a leased lot sold in October 2020 for an average of $39 per sqft. The average time on the market was 35 days. No home sales in this category during October of 2019. October 2018 had 1 mobile home sell for an average of $66 per sqft. and it spent an average of 150 days on the market. No October 2017 sales to compare.

Rathdrum Under $100k for Sale

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Rathdrum Homes for Sale