Rathdrum Real Estate March 2020

Rathdrum Idaho March 2020 Home Values Update

38 Homes sold in Rathdrum Idaho during March 2020. 98 Homes are currently on the market, so almost 2.5 months of inventory.

The volume of home sales is up by 4 homes compared to March 2019 which had 34 home sales. March 2018 sold 29 homes and March 2017 had 31 home sales.

Now amid the COVID-19 pandemic, we will be sharing the volume of homes that are currently on the market in each category so you know how the real estate market is holding up.

Rathdrum Idaho New Construction

The volume of new construction home sales has decreased by four homes and the average sales price has increased by $11 per sqft. compared to March 2019. 29 New construction homes are currently on the market.

7 New construction homes on city lots sold in Rathdrum Idaho during March 2020. The average sales price was $171 per sqft. The average lot size was 0.18 acres.

These homes sold for an average of 103% of the listed price. The high seller of the group sold for an average of $240 per sqft. The low seller of the group sold for an average of $122 per sqft. and was from the Timber Landings subdivision.

Home sales in this group include houses from the Timber Landings subdivision.

11 New construction homes sold during March 2019 for an average price per sqft of $160.

March 2018 had 6 homes on city lots selling for an average price per sqft of $134. March 2017 had 10 new construction homes selling for an average price per sqft of $140. 

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 two homes and the average sales price has increased by $44 per sqft. compared to March 2019 sales. 23 Existing homes in this group are currently on the market.

8 Existing homes that were built after 2000 sold in Rathdrum Idaho during March 2020. The average sales price was $201 per sqft. and the average time on the market was 116 days. The average lot size was 0.25 acres.

These homes sold for an average 101% of the listed price. The high seller of the group sold for an average of $241 per sqft. and was from the Prairie Sky subdivision. The low seller of the group sold for an average of $143 per sqft. 

Home sales in this group include homes from the Corbin Crossing South and Prairie Sky subdivisions.

March 2019 had 6 homes sell in this group for an average of $157 per sqft. and the average time on the market was 55 days.

March 2018 had 8 homes selling on city lots for an average price per sqft of $173 with an average of 45 days on the market.  March 2017 had 11 homes selling for an average price per sqft of $135 with an average of 70 days on the market. 

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 decreased by one home and the average sales price has increased by $20 per sqft. compared to March 2019. There are currently 4 homes in this group on the market.

5 Existing homes that were built prior to 2000 sold in Rathdrum Idaho during March 2020 for an average of $181 per sqft. The average time on the market was 60 days. The average lot size was 0.3 acres.

These homes sold for an average of 96% of the listed price. The high seller of the group sold for an average of $250 per sqft. The low seller of the group sold for an average of $138 per sqft.

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

March 2019 had 6 homes sell in this category for an average of $161 per sqft. and the average time on the market was 84 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

There are currently 6 homes in the 1-acre group on the market in Rathdrum Idaho.

2 Homes in the 1 acre category sold in Rathdrum Idaho during March 2020 for an average $170 per sqft. The average time on the market was 21 days. The average lot size was 1.5 acres.

These homes sold for an average of 92% of the listed price. The high seller of the group sold for an average of $291 per sqft. The low seller of the group sold for an average of $50 per sqft.

March 2019 didn’t have any home sales in this group.

March 2018 had 1 home selling for an average of $196 per sqft.

Rathdrum Homes on 5 Acre Lots

The volume of home sales in this group has increased by 8 homes and the average sales price has increased by $145 per sqft. compared to March 2019. There are currently 12 homes on the market in this group.

10 Homes in the 5-acre category sold in Rathdrum Idaho during March 2020 for an average of $252 per sqft. The average time on the market was 130 days. The average lot size was 5.08 acres.

These homes sold for an average of 98% of the listed price. The high seller of the group sold for an average of $305 per sqft. The low seller of the group sold for an average $130 per sqft.

March 2019 had 2 homes sell for an average of $107 per sqft. and the average time on the market was 176 days.

March 2018 had 3 homes selling for an average price per sqft of $176 with an average of 105 days on the market.  March 2017 had 3 homes selling for an average price per sqft of $150 with an average of 158 days on market.  

Rathdrum Homes on 10 Acres

There are currently 5 homes on the market in this category.

No home sales for March 2020 in this group.

March 2019 had two homes sell for an average of $173 per sqft. and the average time on the market was 40 days.

March 2018 had 1 home selling for an average price per sqft of $186 with an average of 105 days on the market.  March 2017 we had home selling for an average of $129 per sqft it was on the market for an average of 40 days.  

Rathdrum Waterfront Homes

There are currently 8 waterfront homes on the market.

No waterfront home sales during March 2020.

No waterfront sales in March for 2019 or 2018.

Rathdrum Idaho Lake Front Homes for sale

Rathdrum 55+ Community in Golden Spike

The volume of Golden Spike home sales has decreased by two homes and the average sales price has increased by $41 per sqft. compared to March 2019. There are currently 3 Golden Spike homes on the market.

2 Golden Spike homes sold during March 2020 for an average of $162 per sqft. The average time on the market was 140 days. The average lot size was 0.05 acres.

These homes sold for an average of 97% of the listed price. The high seller of the group sold for an average of $177 per sqft. The low seller of the group sold for an average of $147 per sqft.

March 2019 had 4 homes in Golden Spike selling for an average price per sqft of $121 with an average of 108 days on market.

March 2018 had 2 golden spike homes selling for an average price per sqft of $141.  March 2017 also had 2 homes selling for an average price per sqft of $105. 

Rathdrum Condos

The volume of condo sales has decreased by one home and the average sales price has decreased by $23 per sqft. compared to March 2019. There are currently 6 condos on the market.

2 Condos sold in Rathdrum Idaho during March 2020. These homes sold for an average of $178 per sqft. and the average time on the market was 25 days. The average lot size was 0.16 acres.

These homes sold for an average of 100% of the listed price. The high seller of the group sold for an average of $196 per sqft. The low seller of the group sold for an average of $159 per sqft.

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

March 2019 had 3 condos selling for an average of $201 per sqft. and the average time on the market was 51 days.

March 2018 had 3 condos selling for an average of $102 per sqft. and the average time on the market was 155 days. March 2017 had one condo selling for an average of $53 per sqft.

Rathdrum Condos for sale

Rathdrum Manufactured Homes on Leased Land

There is currently one manufactured home with a leased lot on the market.

2 Manufactured homes on leased lots sold in Rathdrum Idaho during March 2020 for an average of $23 per sqft. The average time on the market was 66 days. These homes sold for an average of 63% of the listed price.

No 2019 sales in this group. March 2018 had one manufactured home that sold for an average of $13 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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