Rathdrum Real Estate July 2020

Rathdrum Idaho July 2020 Home Values Update

64 Homes sold in Rathdrum Idaho during July 2020. The volume of home sales is up quite a bit compared to July 2019 which had 49 home sales in Rathdrum.

July 2018 had 63 home sales and July 2017 had 49.

Rathdrum Idaho New Construction

The volume of new construction home sales has increased by 4 houses and the average sales price has increased by $35 per sqft. compared to July 2019.

9 New construction homes sold in Rathdrum Idaho during July 2020 for an average of $186 per sqft. The average lot size was 0.19 acres.

These homes sold for an average of 103% of the listed price. The high seller of the group sold for an average of $214 per sqft. The low seller of the group sold for an average of $149 per sqft.

5 New Construction homes sold during the month of July 2019.  They sold for an average price per sqft of $151.

July 2018 had 19 new construction homes sell for an average of $135 per sqft. July 2017 had 7 new construction homes sell for an average of $140 per sqft.

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 4 homes and the average sales price has increased by $30 per sqft. compared to July 2019.

17 Existing homes that were built from 2000-2019 sold in Rathdrum Idaho during July 2020 for an average of $205 per sqft. The average time on the market was 125 days. The average lot size was 0.3 acres.

These homes sold for an average of 100% of the listed price. The high seller of the group sold for an average of $284 per sqft. and was from the Radiant Lake subdivision. The low seller of the group sold for an average of $148 per sqft. and was also from the Radiant Lake subdivision.

Home sales in this group include houses from the Corbin Crossing South; Prairie Sky; Radiant Lake; and Skyline Meadows communities.

13 Homes that were built after 2000 were sold during the month of July 2019 for an average price per sqft of $175 and the average time on the market was 72 days.

July 2018 had 9 homes sell in this group for an average of $187 per sqft. and the average time on the market was 50 days. July 2017 had 16 homes sell in this group for an average of $132 per sqft. and the average time on the market was 57 days.

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 increased by one home and the average sales price has increased by $74 per sqft. compared to July 2019.

9 Existing homes that were built prior to 2000 sold in Rathdrum Idaho during July 2020 for an average of $273 per sqft. The average time on the market was 40 days. The average lot size was 0.2 acres.

These homes sold for an average of 103% of the listed price.  The high seller of the group sold for an average of $600 per sqft. The low seller of the group sold for an average of $130 per sqft.

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

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. 

11 Homes sold in July 2018 and averaged $140 per square foot and were on the market for an average of 45 days. No July 2017 home sales to compare to.

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 home sales in this group has remained consistent and the average sales price has increased by $14 per sqft. compared to July 2019.

2 Homes sold in the 1-acre group in Rathdrum Idaho during July 2020 for an average of $168 per sqft. The average time on the market was 43 days. The average lot size was 1.8 acres.

These homes sold for an average of 100% of the listed price. The high seller of the group sold for an average of $178 per sqft. The low seller of the group sold for an average of $158 per sqft.

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.

2 Homes sold in July 2018 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 for an average of $118 per sqft.  

Rathdrum Homes on 5 Acre Lots

The volume of home sales in this group has decreased by one home and the average sales price has increased by $13 per sqft. compared to July 2019.

10 Homes in the 5-acre group sold in Rathdrum Idaho during July 2020 for an average of $225 per sqft. The average time on the market was 79 days. The average lot size was 5 acres.

These homes sold for an average of 97% of the listed price. The high seller of the group sold for an average of $326 per sqft. and was from the Elkhorn Ranch community. The low seller of the group sold for an average of $134 per sqft.

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

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. 

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

The volume of home sales in this group has doubled and the average sales price has increased by $70 per sqft. compared to July 2019.

4 Homes sold in the 10-acre group in Rathdrum Idaho during July 2020 for an average of $236 per sqft. The average time on the market was 89 days. The average lot size was 9.8 acres.

These homes sold for an average of 97% of the listed price. The high seller of the group sold for an average of $269 per sqft. The low seller of the group sold for an average of $176 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.

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

Rathdrum Waterfront Homes

4 Waterfront homes sold in Rathdrum Idaho during July 2020 for an average of $315 per sqft. The average time on the market was 65 days. The average lot size was 0.3 acres.

These homes sold for an average of 99% of the listed price. The high seller of the group sold for an average of $571 per sqft. The low seller of the group sold for an average of $211 per sqft. and was from the Radiant Lake subdivision.

Home sales in this group include houses from the Radiant Lake community.

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 volume of home sales in this group has increased by 3 houses and the average sales price has increased by $20 per sqft. compared to July 2019.

5 Homes sold in the Golden Spike community in Rathdrum Idaho during July 2020 for an average of $166 per sqft. The average time on the market was 79 days.

These homes sold for an average of 96% of the listed price. The high seller of the group sold for an average of $195 per sqft. The low seller of the group sold for an average of $157 per sqft.

July 2019 had 2 homes sell in this group for an average of $146 per sqft. and the average time on the market was 104 days.

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 for an average of $126 per square foot.

Rathdrum Condos

The volume of condo sales has remained consistent but the average sales price has increased by $53 per sqft. compared to July 2019.

4 Condos sold in Rathdrum Idaho during July 2020 for an average of $197 per sqft. and the average time on the market was 35 days. The average lot size was 0.1 acres.

These homes sold for an average of 101% of the listed price. The high seller of the group sold for an average of $248 per sqft. The low seller of the group sold for an average of $140 per sqft.

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

July 2019 had 4 condos sell for an average of $144 per sqft. and the average time on the market was 35 days.

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

No manufactured home sales in Rathdrum during July 2020.

No July 2019 manufactured home sales to compare to. 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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Rathdrum Homes for Sale

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