Kootenai County Market Report – April 2022

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April 2022


In April 2022, Kootenai County home prices were up 27.6% compared to last year, selling for a median price of $592,990. On average, homes in Kootenai County sell after 60 days on the market, down 27.7% from last year in April. There were 318 homes sold in April this year, down from 411 last year. Average Sales Price

Current Listing Inventory

Average Days On Market

$753,359

511

60

Up 29.2%

Down 7.6%

Down 27.7%

Median Sales Price

Closed Sales

Annual Residential Sales

$592,990

318

1,121

Up 27.6%

Down 22.6%

Down 15.8%

Average Days On Market 12-month comparison, highlighting current month

130 110

95

90 70

68

73

73

76

75

80

74

72

61

63

60

Mar '22

Apr '22

50 May '21

June '21

July '21

Aug '21

Sep '21

Oct '21

Nov '21

De c '21

Jan '22

Feb '22

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates

5.50%

5.10%

5.00%

4.67%

4.50% 3.89%

4.00% 3.50%

3.55% 2.98%

3.00%

2.95%

2.98%

2.80%

2.87%

3.01%

3.14%

3.10%

3.11%

Oct '21

Nov '21

De c '21

2.50% Apr '21

2

May '21 June '21 July '21

Kootenai County Market Report | April 2022

Aug '21

Sep '21

Jan '22

Feb '22

Mar '22

Apr '22


Active Residential Listings As of 4/15/2022, month/year comparison 1000 731

800 600

720

716

684

636

588

511

503 415

400

329

323

Jan '22

Feb '22

382

200 0 May '21

June '21

July '21

Aug '21

Sep '21

Oct '21

Nov '21

De c '21

Mar '22

Apr '22

Active Listings By Price Range Year-over-year comparison as of 4/15/2022

2021

180

2022

$1M+ 32%

162

150 111

110

120

90

90 30

9 10

5

5

6

6

9

7

3

54 59

45

37

$150-200K 1% $250K-300K 1%

103

99

69

61

60

0-$150K 2%

$800K-$1M 11%

$300K-$350K 1%

4

200K-$250K 1%

$600K-$800K 19% +

$350K-$400K 1%

$1 M

0$1 50 K

$1 50 -2 00 K 20 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

0

$400K-$500K 9%

$500K-$600K 22%

Sold Listings By Price Range Year-over-year comparison for the month of April 150

2021

2022

$800K-$1M 10%

131

120 90 60

48

54

59

30

10 8

3

6

3

6

8

3

31 2

13

200K-$250K 2%

48

35

33 $250K-300K 1%

17

+ $1 M

$1 50 -2 00 K 20 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

0 0$1 50 K

0-$150K 2% $150-200K 2%

$600K-$800K 24%

78

75 58

$1M+ 15%

$500K-$600K 24%

$300K-$350K 1% $400K-$500K 15%

$350K-$400K 4%

Kootenai County Market Report | April 2022

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