Rathdrum Idaho Real Estate July 2019

Rathdrum Idaho July 2019 Home Values Update

Rathdrum Idaho New Construction

Inventory for New Construction homes sold this month went down by 14 houses compared to July 2018. However, the average price per sqft went up by $6 per sqft.

5 New Construction homes sold during the month of July 2019.  They sold for an average price per sqft of $151.  The average lot size was .23 acres. 

The high seller of this group was a Praire Sky home that sold for an average price per sqft of $197. The low seller of this group was a Timber Landing Estates home that sold for an average price per sqft of $107.

19 New Construction homes sold in July 2018.  We had new construction all over the place this month.  With 10 new homes on city lots.  8 of them sold for an average price of $145 per square foot. We had 2 homes on city lots sell for an average price of $94 per square foot. 

July 2017 had 7 homes selling for an average price of $140 per square foot.

Rathdrum Idaho New Construction Homes for sale

Rathdrum Homes on Existing City  Lots Built 2000 or Newer

The volume of sold homes in this category went up by 4 houses compared to July 2018 numbers. The average price per sqft also went up by $12. The average days on market have been extended by about 12 days.

13 Homes that were built after 2000 were sold during the month of July 2019. They sold for an average price per sqft of $175. They spent an average of 72 days on the market. The average lot size was 0.22 acres.  These homes sold for 98% of the original listing price. 

The high seller of this group was a Skyline Meadows home that sold for an average price per sqft of $206. The low seller of this group was a Radiant Lake home that sold for an average price per sqft of $138.35. Homes selling this month included homes in the Corbin Crossing; Boekel Ranch; and Radiant Lake Communities.

July 2018 we had 9 homes sell that were built between the years 2000 and 2017.  These homes sold for an average price of $187 per square foot and were on the market for an average of 50 days.

Homes on existing lots are up a few with 16 homes sold in the month of July 2017 for an average price per square foot of $132.  The average days on market were 57 days.

Rathdrum homes on less than an acre for sale

Rathdrum Homes on Existing City Lots Built Pre-2000

The inventory of sold homes for July 2019 in this category decreased by 3 homes, but the average price per sqft increased by $59.

8 Homes that were built before 2000 were sold during the month of July 2019. They sold for an average price per sqft of $199. They spent an average of 41 days on the market. The average lot size was 0.21 acres. These homes sold for 100% of the original listing price.

The high seller of this group was a Hidden Pines home that sold for an average of $215 per sqft.  The low seller of this group was a Meadowland home that sold for an average of $153 per sqft. Homes selling this month included homes in the Deerfield community.

11 Homes sold in July 2018 and averaged $140 per square foot and were on the market for an average of 45 days.

There aren’t any numbers available from July 2017 in this category.

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

The volume of homes sold with 1-acre lots stayed the same for this month compared to July 2018. However, the average price per sqft increased by $18.

2 Homes with one-acre lots were sold during the month of July 2019. They sold for an average price per sqft of $154. They spent an average of 64 days on the market. The average lot size was 2.18 acres. These homes sold for an average of 98% of the listed price. 

The high seller of this group was a Hoyt Ranch home that sold for an average of $175 per sqft. The low seller of this group was also a Hoyt Ranch home that sold for an average of $136 per sqft

2 manufactured homes on 1 acre lots sold in the month of July 2018.  Both homes were in Sunrise and they averaged $136 per square foot.  The average days on market were 36 days and they were on an average of a 1.17-acre lot.

2 Homes sold in the month of July 2017 with the existing home coming in at $118 per square foot.  

Rathdrum Homes on 5 Acre Lots

The volume of home sales with 5 acre lots increased by 7 houses in July 2019 compared to July 2018. The price per sqft increased by $52.

11 Homes with 5 acres were sold during the month of July 2019. They sold for an average price per sqft of $212. They spent an average of 112 days on the market. The average lot size was 5.08 acres. These homes sold for an average of 100% of the listed price.

The high seller of this group was a Lone Mountain Estates homes that sold for an average of $264 per sqft. The low seller of this group was Cone Crest home that sold for $164 per sqft. Homes selling this month included homes in the Chilco and Elkhorn Ranch communities.

 We had 4 existing home sales in July 2018.  These homes averaged $160 per square foot. The average days on market were 69 days and the average lot size was 4.85 acres.

Rathdrum Homes on 10 Acres

Volume is the same in this category for July 2019 compared to July 2018; however, the average price per sqft has increased by $28 per sqft.

2 Homes with 10 acres were sold during the month of July 2019. They sold for an average of $166 per sqft. They spent an average of 46 days on the market. The average lot size was 9.86 acres. These homes sold for an average of 94% of the listed price.

The high seller of this group was a home built in 1977 that sold for $179 per sqft. The low seller of this group was a Weller Estates home that sold for $160 per sqft.

1 Home with over 10 acres was sold during the month of July 2019. It had 80 acres and sold for an average price per sqft of $315. It spent an average of 74 days on the market. It sold for 100% of the listed price.

3 Homes selling in this category in July 2018.  These homes sold for an average price of $138 per square foot.

Rathdrum Waterfront Homes

There weren’t any homes that sold in this category for the month of July 2019.

2 Waterfront Homes sold in the month of July 2018 on Twin Lakes.  They sold for an average price of $230 per square foot and were on the market for an average of 109 days.

Rathdrum Idaho Lake Front Homes for sale

Rathdrum 55+ Community in Golden Spike

The inventory for Golden Spike homes that sold in July 2019 is down by one house; but, the average price per sqft is up by $22.

2 Homes that were in a 55+ community were sold during the month of July 2019. They sold for an average price of $146 per sqft. They spent an average of 104 days on the market.  These homes sold for an average of 92% of the listed price.

The high seller of this group was a Golden Spike home that sold for an average price of $152 per sqft. The low seller of this group was also a Golden Spike home that sold for $142 per sqft.

July 2018 Golden Spike had 3 homes sell this month.  They sold for an average price of $124 per square foot.  And they averaged 75 days on market.

July 2017 had 4 Golden Spike homes selling  They averaged $126 per square foot.

Rathdrum Condos

Volume is up for sold condos in the month of July 2019 by one; the average price per sqft is up by $15.

4 Condominiums were sold during the month of July 2019. They sold for an average of $144 per sqft. They spent an average of 35 days on the market. These homes sold for an average of 100% of the listed price.

The high seller of this group was a Twin Lakes Village condo that sold for $186 per sqft. The low seller of this group was a Twin Lakes Village/Timber condo that sold for an average price of $109 per sqft.

3 Condos total for July 2018 and they sold for an average price per square foot of $129.  They were on the market for an average of 101 days.

Rathdrum Condos for sale

Rathdrum Manufactured Homes on Leased Land

There weren’t any Manufactured home sales in the month of July 2019 for Rathdrum, Idaho.

One manufactured home sold in July 2018.  It was in Willow Creek and sold for an average of $37 per square foot.

Rathdrum Under 100K for sale

Rathdrum Home Value Results for Previous Months

Rathdrum monthly updates

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