Steady and Strong: April 2025 Coeur d’Alene Housing Market Recap

April brought a continued sense of balance to the Coeur d'Alene real estate market—but with enough activity to keep both buyers and sellers on their toes. Let’s break down what the numbers are showing us and what it means if you’re thinking of making a move in or around North Idaho.

Months Supply of Inventory: 3.44

Right now, we’re seeing a Months Supply of Inventory at 3.44. That means if no new listings hit the market, it would take just over three months to sell through all the available homes at the current pace. While that might sound like a decent cushion, it actually still leans toward a seller's market. A balanced market typically sits somewhere around 5 to 6 months of inventory, so we’re still in a place where demand is outpacing supply—just not at the extreme levels we’ve seen in the past few years.

​Inventory Change Over the Last Year: 0%​

What’s particularly interesting is that the 12-Month Change in Inventory is holding steady at 0%. In other words, we’ve been hovering around this same level of inventory for a full year now. That stability suggests we’ve reached something of a plateau, which isn’t a bad thing. For sellers, it means the frenzy has calmed just enough to allow for more thoughtful planning, and for buyers, it offers a touch more breathing room—though not much.
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Median Days on Market: 6​

One of the standout metrics this month is how fast homes are selling. The Median Days on Market is just 6 days. That’s fast—even in a competitive market. It tells us that well-priced homes in good condition are still flying off the shelf. For sellers, this underscores the importance of launching your home with a strong first impression. For buyers, it means preparation is key. If something comes up that fits your criteria, you’ll want to be ready to move quickly.

​List to Sold Price Percentage: 98.3%​

Another important data point: the Sold-to-List Price Ratio is sitting at 98.3%. That means most homes are selling very close to their asking price. We’re not seeing a lot of dramatic underbidding or overbidding. This reflects a more grounded and realistic market on both sides—where sellers are pricing based on data, and buyers understand the value enough to come in strong.

​Median Sold Price: $660,710​

The Median Sold Price for April was $660,710. That number gives us a general benchmark, though of course prices can vary widely depending on location, condition, lot size, and other features. But it’s helpful for gauging where the middle of the market currently sits, and for many buyers, this price range still feels like a reachable goal—especially when compared to similar markets across the Northwest.

​Wrapping It Up​

So what does all this mean if you’re considering a move? Whether you're buying or selling, this is a market that rewards preparation, pricing strategy, and clarity of purpose. Sellers are still in a favorable position, but today’s buyers are savvy, and overpriced homes will sit. On the flip side, buyers who are well-informed and pre-approved are in a good position to secure a home—especially with fewer wild bidding wars to contend with.

Coeur d'Alene continues to be a desirable place to live, and our market reflects that. If you're wondering how these trends affect your plans, whether it’s a sale this spring or a purchase later this year, I’m happy to help you sort through the details and create a strategy that fits your goals.