Rathdrum Real Estate May 2020

Rathdrum Idaho May 2020 Home Values Update

46 Homes sold in Rathdrum Idaho during May 2020. There are currently 93 homes on the market, so about 2 months of housing inventory.

The volume of home sales has increased by one home compared to May 2019 which had 45 home sales. May 2018 had 47 home sales and May 2017 had 46 home sales.

Rathdrum Idaho New Construction

The volume of home sales in this group has increased by 7 home sales compared to May 2019 and the average sales price has increased by $23 per sqft. There are currently 22 new construction homes on city lots on the market, so almost 2 months of housing inventory.

12 New construction homes sold in Rathdrum Idaho during May 2020 for an average of $200 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 $229 per sqft. and was from the Brookshire subdivsion. The low seller of the group sold for an average of $162 per sqft. and was from the Corbin Crossing South subdivision.

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

May 2019 had 5 new construction homes sell for an average of $177 per sqft.

May 2018 New construction had 7 new homes they averaged $161 per sqft and May 2017 also had 7 new construction homes selling for an average price per sqft of $160.

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 15 homes and the average sales price has increased by $5 per sqft. compared to May 2019. There are currently 11 homes on the market in this group.

19 Existing homes that were built after 2000 sold in Rathdrum Idaho during May 2020. The average sales price was $181 per sqft. and the average time on the market was 114 days. The average lot size was 0.24 acres.

These homes sold for an average of 99% of the listed price. The high seller of the group sold for an average of $257 per sqft and was from the Diamond Spike subdivision. The low seller of the group sold for an average of $107 per sqft. and was from the Timber Landings subidivision.

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

May 2019 had 4 homes sell for an average of $176 per sqft and the average time on the market was 36 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 decreased by 5 homes and the average sales price has decreased by $1 per sqft. compared to May 2019. There are currently 7 homes on the market in this group.

5 Existing homes that were built prior to 2000 sold in Rathdrum Idaho during May 2020 for an average of $143 per sqft. The average time on the market was 74 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 $197 per sqft. and was from the Copper Valley subdivision. The low seller of the group sold for an average of $112 per sqft. and was from the Twin Lakes Village.  

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

 May 2019 had 10 homes that sold for an average price per sqft of $144 with an average of 47 days on the market. 

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

1 Home sold in the 1-acre group in Rathdrum Idaho during May 2020 for an average of $106 per sqft. The average time on the market was 61 days. The average size of the lot was 1.05 acres.

This home sold for an average of 102% of the listed price.  There are currently 7 homes on the market in this group.

No May 2019 home sales. 

No May 2018 Home Sales.  May 2017 had 3 homes selling for an average price per sqft of $145.

Rathdrum Homes on 5 Acre Lots

The volume of home sales in this group has increased by 3 homes and the average sales price has increased by $24 per sqft. compared to May 2019. There are currently 20 homes on the market in this group.

5 Homes sold in the 5-acre group in Rathdrum Idaho during May 2020 for an average of $239 per sqft. The average time on the market was 137 days. The average lot size was 4 acres.

These homes sold for an average of 99% of the listed price. The high seller of the group sold for an average of $267 per sqft. and was from the Twin Lake Estates subdivision. The low seller of the group sold for an average of $178 per sqft. and was from the Saddle Ridge subdivision. 

May 2019 had 8 existing homes sell for an average price per sqft of $215 with an average of 51 days on the market.

May 2018 had 3 homes selling for an average price per sqft of $178.  May 2017 had 6 homes selling for an average price per sqft of $176 with average days on market of 56 days. 

Rathdrum Homes on 10 Acres

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 May 2019. There are currently 6 homes on the market in this group.

2 Homes sold in the 10-acre group in Rathdrum Idaho during May 2020 for an average of $204 per sqft. The average time on the market was 35 days. The average lot size was 9.7 acres.

These homes sold for an average of 94% of the listed price. The high seller of the group sold for an average of $223 per sqft. The low seller of the group sold for an average of $186 per sqft.

One home on a 10-acre lot selling for an average price per sqft of $130 with an average of 115 days on market during May 2019.

May 2018 had 5 homes on 10 acre lots selling for an average price per sqft of $185 with an average days on market of 61 days. May 2017 had 3 homes selling for an average price per sqft of $184 with an average of 62 days on the market.

Rathdrum Waterfront Homes

The volume of home sales in this group has decreased by 2 homes and the average sales price has increased by $16 per sqft. compared to May 2019. There are currently 6 waterfront homes on the market.

1 Waterfront home sold in Rathdrum Idaho during May 2020 for an average of $225 per sqft. and the average time on the market was 219 days. The average size of the lot was 1.6 acres.

This home sold for an average of 80% of the listed price.

May 2019 had 3 waterfront homes sell for an average of $209 per sqft. with an average of 55 days on the market.

May 2018 had 3 waterfront homes selling for an average price per sqft of $303 with an average of 261 days on the market. May 2017 had no waterfront sales.

Rathdrum Idaho Lake Front Homes for sale

Rathdrum 55+ Community in Golden Spike

May 2020 didn’t have any Golden Spike home sales.

May 2019 had 3 Golden Spike homes sell for an average of $160 per sqft. and the average time on the market was 66 days.

May 2018 There were 4 homes in Golden Spike selling for an average price per sqft of $140 with an average of 17 days on market.  May 2017 had 4 homes selling for an average price per sqft of $146.

Rathdrum Condos

There are currently 6 condos on the market.

1 Condo sold in Rathdrum Idaho during May 2020 for an average of $176 per sqft. and the average time on the market was 163 days. The average size of the lot was 0.06 acres.

This home sold for an  average of 77% of the listed price and was from the Twin Lakes Village community. 

No May 2019 home sales. 

May 2018 had no existing sales.  May 2017 had 4 condos selling for an average price per sqft of $125.  

Rathdrum Condos for sale

Rathdrum Manufactured Homes on Leased Land

No home sales in this category during May 2020.

No May 2019 home Sales.

May 2018 had 1 manufactured home selling for an average of $28 per sqft with an average of 84 days on the market. 

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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