Rathdrum Idaho February 2022 Home Values Update
34 Homes were sold in Rathdrum, Idaho in February 2022. Rathdrum homes on less than an acre sold for an average of $341 per SqFt, were on the market for an average of 93 days and sold for an average of 100% of the original listed price in February 2022. The average sales price per square foot is up 64% over February 2021. Sales volume is down 15%.
February 2021 had 40 Rathdrum home sales: homes on city lots sold for an average of $207 per SqFt, were on the market for an average of 153 days, and sold for an average of 104% of the original listed price.
February 2020 had 31 home sales. February 2019 had 32 home sales, February 2018 had 20 home sales and February 2017 had 17 home sales.
Rathdrum Idaho New Construction
The volume of new construction home sales has decreased by one home and the average sales price has increased by $131 per sqft. compared to February 2021.
3 New construction homes sold in Rathdrum during February 2022 for an average of $296 per sqft. The average lot size was 0.19 acres.
These homes sold for an average of 101% of the listed price. The high seller of the group sold for an average of $327 per sqft. and was from the Brookshire subdivision. The low seller of the group sold for an average of $277 per sqft. and was also from the Brookshire subdivision.
4 New construction homes on city lots sold during February 2021 for an average of $165 per sqft.
6 New construction homes on city lots sold during February 2020 for an average of $156 per sqft. February 2019 had 10 new construction homes sell for an average of $151 per sqft. February 2018 had 7 new construction homes sell for an average of $130 per sqft. February 2017 had 4 new construction homes sell for an average of $146 per sqft.
Rathdrum Idaho New Construction Homes for SaleRathdrum Homes on Existing City Lots Built 2000 or Newer
The volume of home sales in this group has decreased by 8 homes and the average sales price has increased by $141 per SqFt. compared to February 2021.
11 Homes that were built after 2000 sold during February 2022 for an average of $356 per sqft. The average time on the market was 100 days. The average lot size was 0.2 acres.
These homes sold for an average of 100% of the listed price. The high seller of the group sold for an average of $611 per sqft. and was from the Gunning subdivision. The low seller of the group sold for an average of $253 per sqft. and was from the Thayer Farms subdivision.
Home sales in this group include homes from the Radiant Lake community.
19 Homes sold during February 2021 for an average of $215 per sqft. The average time on the market was 164 days.
February 2020 had 7 homes sold for an average of $192 per sqft. and the average time on the market was 44 days. February 2019 had 5 homes sell for an average of $191 per sqft. and the average time on the market was 80 days. February 2018 had 6 existing homes sell at an average price of $153 SqFt. and an average of 90 days on the market. February 2017 had 8 homes sell for an average of $115 per sqft and an average of 146 days on the market.
Rathdrum Homes on Existing City Lots Built Pre-2000
The volume of home sales in this group has increased by 5 home sales and the average sales price has increased by $102 per sqft. compared to February 2021.
6 Homes that were built prior to 2000 sold during February 2022 for an average of $335 per sqft. The average time on the market was 63 days. The average lot size was 0.23 acres.
These homes sold for an average of 98% of the listed price. The high seller of the group sold for an average of $808 per sqft. and was from the Lakeview Add to Lower Twin Lakes subdivision. The low seller of the group sold for an average of $149 per sqft. and was from the Browne Park subdivision.
1 Home built prior to 2000 sold during February 2021 for an average of $233 per sqft. The average time on the market was 19 days.
2 Existing homes that were built prior to 2000 sold during February 2020 for an average of $197 per sqft. and the average time on the market was 53 days. February 2019 had 4 homes sell for an average price per sqft of $121 with average days on the market of 34 days. No February 2018 or 2017 home sales in this group.
Rathdrum Homes on Acreage
Rathdrum Homes on 1 Acre Lots
No February 2022 home sales in this group.
5 Homes sold in the 1-acre group during February 2021 for an average of $313 per sqft. The average time on the market was 139 days.
No home sales in this group for February 2020. February 2019 had one home sale in the 1-acre category sell for an average of $184 per sqft. and the average time on the market was 35 days. No February 2018 or 2017 home sales in this group.
Rathdrum Homes on 5 Acre Lots
The volume of home sales in this group has increased by 2 homes and the average sales price has increased by $77 per sqft. compared to February 2021.
8 Homes were sold in the 5-acre group during February 2022 for an average of $401 per sqft. The average time on the market was 140 days. The average lot size was 5.2 acres.
These homes sold for an average of 98% of the listed price. The high seller of the group sold for an average of $563 per sqft. and was from the Lone Mountain subdivision. The low seller of the group sold for an average of $303 per sqft. and was from the Twin Lakes Estates.
Home sales in this group include homes from the Elkhorn Ranch community.
6 Homes sold in the 5-acre group during February 2021 for an average of $324 per sqft. The average time on the market was 230 days.
February 2020: 4 new construction homes sold for an average of $240 per sqft. and 6 existing homes sold for an average of $270 per sqft. and the average time on the market was 86 days. February 2019: 2 new construction sold for an average of $208 per sqft. and 2 existing homes sold for an average of $208 per sqft. and the average time on the market was 31 days. February 2018 had 6 homes sell at an average of $202 per square foot and an average of 120 days on the market. February 2017 had 3 homes sell for an average price of $109 per square foot. and they spent an average of 144 days on market.
Rathdrum Homes on 10 Acres
The volume of home sales in this group has remained the same and the average sales price has increased by $134 per SqFt. compared to February 2021.
1 Home sold in the 10-acre group during February 2022 for an average of $483 per sqft. The average time on the market was 42 days.
The average size of the lot was 9.62 acres. This home sold for an average of 98% of the listed price and was from the State Addition subdivision.
1 Home sold in the 10-acre group during February 2021 for an average of $349 per sqft. and the average time on the market was 227 days.
No home sales in this category for February 2020. February 2019 had one existing home on a 10-acre lot sell for an average price per sqft of $217 and it was on the market for an average of 105 days. February 2018 had 1 home sell for an average of $193 per sqft with an average of 207 days on the market.
Rathdrum Homes with over 10 Acres
The volume of home sales in this group has decreased by 1 home and the average sales price has increased by $18 per SqFt. compared to February 2021.
1 Home with over 10 acres sold during February 2022 for an average of $322 per sqft. The average time on the market was 70 days. The average size of the lot was 20 acres. This home sold for an average of 98% of the listed price.
2 Homes with over 10 acres sold in February 2021 for an average of $304 per sqft. The average time on the market was 117 days.
1 Home with over 10 acres sold during February 2020 for an average of $278 per sqft. and the average time on the market was 34 days. February 2019 had one home sell for an average price per sqft of $115. It was on the market for an average of 104 days. No 2018 sales.
Rathdrum Waterfront Homes
1 Waterfront home sold during February 2022 for an average of $385 per sqft. and the average time on the market was 161 days. The average size of the lot was 0.18 acres. This home sold for an average of 83% of the listed price and was from the Lakeview subdivision.
No waterfront home sales during February 2021.
February 2020 had 2 waterfront homes sell: 1 new construction sold for an average of $205 per sqft. and 1 existing home sold for an average of $190 per sqft. and the average time on the market was 83 days. No 2018 waterfront homes. February 2017 had 1 waterfront home sell for an average of $217 per square foot.
Rathdrum 55+ Community in Golden Spike
The volume of home sales in this group has decreased by 1 home and the average sales price has increased by $152 per SqFt. compared to February 2021.
1 Home sold in the Golden Spike 55+ community during February 2022 for an average of $299 per sqft. The average time on the market was 185 days. This home sold for an average of 95% of the listed price.
2 Homes sold in Golden Spike during February 2021 for an average of $147 per sqft. The average time on the market was 57 days.
No February 2020 home sales in this group. 2 Golden Spike homes sold in February 2019 for an average price per sqft of $148 with an average of 53 days on the market. No February 2018 or 2017 home sales.
Rathdrum Condos
1 Condo sold during February 2022 for an average of $337 per sqft. and the average time on the market was 6 days. The average size of the lot was 0.2 acres. This condo sold for an average of 100% of the listed price and was from the Twin Lakes Village.
No condo sales during February 2021.
3 Condos sold in Rathdrum Idaho during February 2020 for an average of $110 per sqft. and the average time on the market was 54 days. February 2019 had 2 condos sell for an average of $118 per sqft. and the average time on the market was 75 days. No February 2018 or 2017 results.
Rathdrum Condos for SaleRathdrum Manufactured Homes on Leased Land
1 Manufactured home on a leased lot sold in Rathdrum during February 2022 for an average of $96 per sqft. The average time on the market was 60 days. This home sold for an average of 100% of the listed price.
No manufactured home sales during February 2021.
No manufactured home sales for February 2020. No market results for February 2019.
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