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The Coeur d'Alene Housing Market
Quick Snapshot of the North Idaho Housing Market in February 2025
Trends
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National pending sales increased in December (5%) YoY
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With mortgage rates holding, the market is shifting to a buyer's market
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Closed sales in the Coeur d'Alene area increased by 14% YoY in December
Buying
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​Inventory is on your side, and so are Days on Market (104)
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Because of this, it's still the best time to buy compared to any time in the past few years (if you can afford it)
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Buyers are coming back onto the market in droves trying to time the spring market
Selling
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Cd'A Median Sale price is sitting at $514k
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We're far from a seller's market but homes in the area are still selling.
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There's a big rift in the sale-to-list price. ($100,000 rift)
Cd'A Housing Market Statistics Charted
Coeur d'Alene Housing Market Recommendations
Here's how I recommend responding.
If you're a buyer, inventory is on your side. Dive in, pick up a property without facing aggressive competition and possibly concessions and wait to refinance. Be cautious about asking for too much in terms of upfront credits on those most desirable homes in order to win the offer.
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If you're a seller who has to move, list at a sensible price and be prepared for 60-120 days on the market. But if you want top dollar watch these interest rates and wait for them to come down and prices in turn will rise. It might take 18 months but that's just the reality of where we're at.
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