Table of Content
The data reflect appreciation rates for the neighborhood overall, not necessarily each individual house in the neighborhood. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Coeur d'Alene differ in their investment potential, sometimes by a great deal. Median House Price – This month’s median house price on Realtor, including single family houses, townhomes, and condos. The median house price is most representative of house prices in the entire metro area.
Drought risk is based on water stress, which estimates how much of the future water supply will be used for human purposes, like watering the lawn. Across the nation, 0.62% of homebuyers searched to move into Coeur d'Alene from outside metros. Find out the number of homebuyers searching to move in and out of Coeur d'Alene, plus the top relocation destinations. Environmental risk data is provided by Risk Factor™, a product of First Street Foundation®. The Risk Factor models are designed to approximate risk and not intended to include all possible scenarios.
Similar Priced Comparison
The average homes sell for about 1% below list price and go pending in around 31 days. The average homes sell for about 3% below list price and go pending in around 37 days. Percentages are based on the number of housing units for each type over the total number of units across all types. The percentage of housing units in the city that are occupied by the property owner versus occupied by a tenant . According to estimates from Zillow, a Seattle-based real estate data company, between January 2020 and January 2021, the typical single-family American home appreciated in value from $246,563 to $269,039, a 9.1% increase.
In Sep '22 - Nov '22, 32% of Coeur d'Alene homebuyers searched to move out of Coeur d'Alene, while 68% looked to stay within the metropolitan area.
How hot is the Coeur d'Alene housing market?
Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates. Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms.
Here are the eight communities with populations of at least 35,000 in Idaho where home values climbed the most in the last year. Houses in Coeur d'Alene, ID rent between $800 - $6,000 with a median rent of $2,000. Estimates are not comparable to other geographic levels due to methodology differences that may exist between different data sources. QuickFacts provides statistics for all states and counties, and for cities and towns with a population of 5,000 or more. Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire. Click on the risks below to learn which exist in Coeur d'Alene today and how they’ll change by 2050.
Property History
Homes include single family houses as well as apartment and condominium units. Single-family detached homes are the single most common housing type in Coeur d'Alene, accounting for 60.79% of the city's housing units. Average market rent is exclusively developed by NeighborhoodScout. It reveals the average monthly rent paid for market rate apartments and rental homes in the city, excluding public housing. NeighborhoodScout reveals the home appreciation rates for every city, town, and even most neighborhoods in America. The average homes sell for about 4% below list price and go pending in around 13 days.
Of course, housing markets also respond more to local forces, and not all parts of the country followed the national pattern. Relative to Idaho, our data show that Coeur d'Alene's latest annual appreciation rate is lower than 80% of the other cities and towns in Idaho. There are a total of 124 apartments for rent available in Coeur d'Alene, ID. 2-Bedroom apartments are the most common, with a total of 39 listings available. Studio apartments are the least common, with a total of 4 listings available. You'll also find that houses and apartments in Coeur d'Alene, ID range from affordable to luxury. Market temperature is based on changes in renter demand compared to the national average.
The average house price is most representative of housing located in the most desirable areas of the city. Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit. Mortgage transactions on condominiums or multi-unit properties are also excluded. As such, NeighborhoodScout does not produce appreciation rates for neighborhoods that consist solely of renters or have no single-family homes . In the last 10 years, Coeur d'Alene has experienced some of the highest home appreciation rates of any community in the nation. Coeur d'Alene real estate appreciated 184.93% over the last ten years, which is an average annual home appreciation rate of 11.04%, putting Coeur d'Alene in the top 10% nationally for real estate appreciation.
Guaranteed Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Guaranteed Rate, Inc.
Median House Price Per Square Foot – This month’s median house price per square foot on Realtor, including single family houses, townhomes, and condos. The most representative measure of house price per square foot in the entire metro area. Average House Price – This month’s average house price on Realtor, including single family houses, townhomes, and condos.
The Coeur d’ Alene Regional REALTORS® was founded in 1945 and represents 2,000 REALTORS engaged in the residential and commercial real estate business. Through information, advocacy, education, outreach, and technology we are committed to supporting our members and the communities in which they serve. The vintage year (e.g., V2021) refers to the final year of the series . Housing market information is provided by Altos Research, Inc. based on analysis of all active market properties for sale in the US in the preceding week. All analytics are copyright Altos Research and not affiliated with any MLS. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction.
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