Rathdrum Real Estate February 2020

Latest Real Estate Market Update for Rathdrum Idaho

Rathdrum Idaho February 2020 Real Estate Update

31 Homes sold in Rathdrum Idaho during February 2020. The volume of home sales is down by one home compared to February 2019 which had 32 home sales. February 2017 had 20 home sales and February 2017 had 17 home sales.

Rathdrum Idaho New Construction on City Lots

The volume of new construction home sales on city lots has decreased by four homes compared to February 2019 and the average sales price has increased by $5 per sqft.

6 New construction homes on city lots sold in Rathdrum Idaho during February 2020 for an average of $156per sqft. The average lot size was 0.2 acres.

These homes sold for an average of 102% of the listed price. The high seller of the group sold for an average of $211 per sqft. and was from the Corbin Crossing South subdivision. The low seller of the group sold for an average of $107 per sqft. and was from the Timber Landings subdivision.

February 2019 had 10 new construction homes on city lots 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 sale

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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 $1 per sqft. compared to February 2019.

7 Existing homes on city lots that were built in 2000 or newer sold during February 2020. The average sales price was $192 per sqft. and the average time on the market was 44 days. The average lot size was 0.17 acres.

These homes sold for an average of 99% of the listed price. The high seller of the group sold for an average of $225 per sqft. and was from the Quail Ridge subdivision. The low seller of the group sold for an average of $155 per sqft. and was from the Prairie Sky subdivision.

February 2019 had 5 homes sell for an average of $191 per sqft. and the average time on the market was 80 days.

2018 had 6 existing homes sell at an average price of $153 square foot and an average of 90 days on the market.  February 2017 had 8 homes selling for an average of $115 per sqft and an average of 146 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 two homes and the average sales price has increased by $76 per sqft. compared to February 2019.

2 Existing homes on city lots that were built prior to 2000 sold during February 2020 in Rathdrum Idaho. The average sales price was $197 per sqft. and the average time on the market was 53 days. The average lot size was 0.23 acres.

These homes sold for an average of 101% of the listed price. The high seller of the group sold for an average of $204 per sqft. and was from the Sunrise Park subdivision. The low seller of the group sold for an average of $189 per sqft. and was from the Westwood Villa subdivision.

February 2019 had 4 existing homes sell for an average price per sqft of $121 with the average days on the market of 34 days.

Rathdrum homes on less than an acre for sale

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Rathdrum Homes on Acreage

Rathdrum Homes on Over 1 Acre

Rathdrum Homes on 1-Acre Lots

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.

Rathdrum Homes on 5-Acre Lots

The volume of home sales with 5-acres for new construction has increased by two home sales and the average sales price has increased by $32 per sqft. The volume of home sales for existing homes with 5-acres has increased by 4 houses and the average sales price has increased by $62 per sqft.

10 Homes on 5-acre lots sold during February 2020.

New Construction Homes on 5-Acre Lots

4 New construction homes in the 5-acre category sold in Rathdrum Idaho during February 2020. The average sales price was $240 per sqft. The average lot size was 4.5 acres.

These homes sold for an average of 102% of the listed price. The high seller of the group sold for an average of $260 per sqft. and was from the Lone Mountain subdivision. The low seller of the group sold for an average of $226 per sqft. and was from the Hoyt Ranch subdivision.

February 2019 had 2 new construction homes on 5-acre lots sell for an average of $208 per sqft.

Existing Homes on 5-Acre Lots

6 Existing homes with 5-acres sold in Rathdrum Idaho during February 2020. The average sales price was $270 per sqft. and the average time on the market was 86 days. The average lot size was 5.05 acres.

These homes sold for an average of 97% of the listed price. The high seller of the group sold for an average of $349 per sqft. The low seller of the group sold for an average of $160 per sqft.

February 2019 had 2 existing homes on 5-acre lots sell for an average of $208 per sqft. and the average time on the market was 31 days.

2018 had 6 homes sell on 5 Acre lots at an average of $202 per square foot and an average of 120 days on the market.  2017 had 3 homes on 5 acre lots sell for an average price of $109 per square foot.  The average lot size was 4.9 acres and they sold in an average of 144 days on market.

Rathdrum Homes on 10 Acres

No home sales in this category for February 2020.

February 2019 had one existing home on a 10-acre lot selling 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 selling on 10 acres and it sold 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 remained the same and the average sales price has increased by $163 per sqft. compared to February 2019.

1 Home with over 10 acres sold during February 2020 in Rathdrum Idaho. This home sold for an average of $278 per sqft. and the average time on the market was 34 days.

The average lot size was 40 acres. This home sold for an average of 79% of the original list price.

February 2019 had one home selling 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

The volume of waterfront home sales in Rathdrum has increased by one home and the average sales price for existing homes has decreased by $4 per sqft. compared to February 2019.

2 Waterfront homes sold in Rathdrum Idaho during February 2020.  

New Construction Waterfront Homes

One of these home sales was a new construction home that sold for an average of $205 per sqft. The average lot size was 0.3 acres. This home sold for an average of 104% of the listed price and was from the Radiant Lake subdivision.   

Existing Waterfront Homes

One existing waterfront home sold during February 2020 for an average of $190 per sqft. and the average time on the market was 83 days. The average lot size was 0.17 acres. This home sold for an average of 100% of the listed price and was from the Radiant Lake subdivision.

February 2019 had one waterfront home sell for an average of $194 per sqft. and the average time on the market was 36 days.

No 2018 Waterfront Homes

February 2017 had 1 waterfront home selling for an average of $217 per square foot. 

Rathdrum Idaho Lake Front Homes for sale

Rathdrum 55+ Community in Golden Spike

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

The volume of condo sales has increased by one home and the average sales price has decreased by $8 per sqft. compared to February 2019.

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. The average lot size was 0.13 acres.

These homes sold for an average of 97% of the listed price. The high seller of the group sold for an average of $127 per sqft. The low seller of the group sold for an average of $99 per sqft. All of these homes were from the Twin Lakes Village community.

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 sale

Rathdrum Manufactured Homes on Leased Land

No manufactured home sales for February 2020.

No market results for February 2019.

Rathdrum Under 100K for sale

Rathdrum Home Value Results for Previous Months

Rathdrum monthly updates

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