Idaho Real Homes Real Estate Office

350 E Kathleen Ave

ste, 400 Coeur d' Alene, Id
83815

1-208-719-9010

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Mon - Fri: 9:00 - 5pm

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Idaho Real Homes Real Estate Office

350 E Kathleen Ave

ste, 400 Coeur d' Alene, Id 83815

1-208-719-9010

Call or text

Mon - Fri: 9:00 - 5pm

Weekends by appointment
Book your apt Here

Last updated on January 16th, 2023 at 05:50 pm

Spirit Lake Idaho Home Values October 2022

Spirit Lake housing market results: 12 Homes were sold in the month of October 2022. The volume of Spirit Lake home sales has decreased by 3 homes compared to October 2021 which had 15 homes sold. Volume is down 20%. All homes on city lots sold for an average of $278 per SqFt & were on the market for an average of 59 days. The average sales price per SqFt for all homes on city lots is down 12% and the average days on the market are up 7% over October 2021. 

October 2020 had 26 home sales, October 2019 had 15 home sales, October 2018 had 17 home sales, and October 2017 had 9 home sales.

In our market report, we have the housing market results for new construction, homes on city lots, and homes on acreage. 

If you’re wondering: what is my Spirit Lake home worth? Request a free home valuation today! 

For more information about Spirit Lake or if you would like to look at previous market reports, visit our Spirit Lake, Idaho page! 

Spirit Lake Home Values October 2022

Spirit Lake Home Values in October 2022

Spirit Lake Idaho Home Values October 2022

New Construction

The volume of new construction home sales on city lots has increased by one home and the average sales price per SqFt has decreased by 13% compared to October 2021.

2 New construction homes on city lots were sold in Spirit Lake in October 2022 for an average of $281 per SqFt. The average lot size was 0.16 acres.

These homes sold for an average of 96% of the original listed price and were from the Lakeview Spirit Lake subdivision. The high seller of the group sold for an average of $283 per SqFt. The low seller of the group sold for an average of $279 per SqFt.

1 New construction home sold in October 2021 for an average of $322 per sqft. The average size of the lot was 0.16 acres. This home sold for an average of 100% of the listed price.

6 New construction homes sold in October 2020 for an average of $199 per sqft. 2 New construction homes sold in October 2019 for an average of $267 per sqft. 2 New construction homes sold in October 2018 for an average price per sqft of $179. 2 Homes sold in October 2017 for an average of $146 per sqft.

Spirit Lake New Construction for Sale

Spirit Lake New Construction Values

Existing Homes on City lots

Existing Home Sales Spirit Lake

The volume of existing homes on city lots has remained the same and the average sales price per SqFt has decreased by 6% compared to October 2021.

6 Existing homes on city lots were sold in Spirit Lake in October 2022 for an average of $276 per SqFt. The average time on the market was 51 days. The average lot size was 0.2 acres.

These homes sold for an average of 93% of the original listed. The high seller of the group sold for an average of $359 per SqFt and was from the Triple R subdivision. The low seller of the group sold for an average of $191 per SqFt and was a manufactured home. 

6 Existing homes on city lots sold in October 2021 for an average of $294 per sqft. The average time on the market was 55 days. 

11 Homes on city lots sold in October 2020 for an average of $219 per sqft. The average time on the market was 73 days. 5 Homes on city lots sold in October of 2019 for an average of $182 per sqft. & the average time on the market was 57 days. 7 Homes sold in October 2018 for an average of $136 per sqft. and spent an average of 62 days on the market. October 2017 had 3 existing homes sell for an average price of $114 per sqft. and were on the market for an average of 104 days.

Spirit Lake Homes on Less than 1 Acre for Sale

Spirit Lake Homes on Acreage

Homes Sold on 1 Acre Lots

1 Home on an average of 2 acres sold in Spirit Lake in October 2022. The average sales price was $392 per SqFt. The average time on the market was 144 days. This home sold for an average of 92% of the original listed price and was from the Lakeview subdivision.

1 Home sold in October 2021 for an average of $316 per sqft. The average time on the market was 44 days. The average size of the lot was 1.35 acres.

1 Home sold in October 2020 for an average of $247 per sqft. and the average time on the market was 33 days. October 2019 had no home sales in this group. 1 Home sold in October 2018 for an average of $160 per sqft. and spent an average of 36 days on the market. No October 2017 numbers to compare to.

Homes Sold on 5 Acres

The volume of home sales on 5-acre lots has decreased by one home and the average sales price has decreased by 19% over October 2021. 

2 Homes were sold in the 5-acre group in Spirit Lake in October 2022 for an average of $274 per SqFt. The average time on the market was 100 days. The average lot size was 7 acres.

These homes sold for an average of 81% of the original listed price. The high seller of the group sold for an average of $307 per SqFt. The low seller of the group sold for an average of $241 per SqFt.

3 Homes sold in October 2021 for an average of $337 per sqft. The average time on the market was 90 days. 

October 2020 had 6 homes sell in this group: 1 new construction sold for an average of $297 per sqft. and 5 existing homes sold for an average of $312 per sqft. and spent an average of 120 days on the market. 1 Home sold in October of 2019 for an average of $203 per sqft. and spent an average of 76 days on the market. 3 Homes on 5-acre lots sold in October 2018 for an average of $134 per sqft. and spent an average of 93 days on the market. October 2017 also had 3 homes sell for an average price per sqft. of $158 and were on the market for an average of 86 days.

Spirit Lake homes on land values
Spirit Lake Homes on Land Values

Homes Sold on 10 Acres

1 New construction home sold in the 10-acre group in Spirit Lake, Idaho in October 2022. The average sales price was $403 per SqFt. The average size of the lot was 10.7 acres. This home sold for an average of 89% of the original listed price and was from the Spirit Lake East subdivision.

1 Home sold in October 2021 for an average of $436 per sqft. The average time on the market was 52 days. The average lot size was 10.8 acres. 

2 Homes sold in October 2020 for an average of $290 per sqft. and the average time on the market was 61 days. October 2019 had 6 homes sell in this group: 2 new construction sold for an average of $267 per sqft. and 4 existing homes sold for an average of $203 per sqft. 4 Homes sold in October 2018 for an average of $148 per sqft. and spent an average of 101 days on the market. October 2017 had 1 property sell for an average price per sqft of $136 and was on the market for an average of 172 days. 

Spirit Lake Waterfront Homes Sold

No waterfront homes were sold in October 2022.

2 Waterfront homes sold for an average of $375 per sqft. and the average time on the market was 39 days. The average lot size was 0.37 acres. 

No October 2020 waterfront home sales. 1 Waterfront home sold in October 2019 for an average of $128 per sqft. The average time on the market was 63 days. No October 2018 or 2017 waterfront sales to report.

Spirit Lake Waterfront Properties for Sale

Manufactured Homes on Leased Lots Sold

No manufactured homes on leased lots were sold in October 2022.

1 Manufactured home on a leased lot sold in October 2021 for an average of $22 per sqft. The average time on the market was 26 days. 

No October 2020, 2019, 2018, or 2017 home sales in this group.

Manufactured Homes for Sale in Kootenai County

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Spirit Lake Homes for Sale

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