May 2022
In May 2022, Kootenai County home prices were up 20.4% compared to last year, selling for a median price of $590,000. On average, homes in Kootenai County sell after 59 days on the market, down 13.2% from last year in May. There were 349 homes sold in May this year, down from 417 last year. Average Sales Price
Current Listing Inventory
Average Days On Market
$721,628
681
59
Up 28.1%
Up 16.6%
Down 13.2%
Median Sales Price
Closed Sales
Annual Residential Sales
$590,000
349
1,477
Up 20.4%
Down 16.3%
Down 15.5%
Average Days On Market 12-month comparison, highlighting current month.
100
95
90 80
73
73
76
80 75
74
72
70
63
61
60
59
Apr '22
May '22
60 50 June '21
July '21
Aug '21
Sep '21
Oct '21
Nov '21
De c '21
Jan '22
Feb '22
Mar '22
Monthly Mortgage Rates Monthly 30-year fixed mortgage rates highlighting the week ending Thursday, May 26, 2022.
5.50% 5.00%
5.10%
5.10%
Apr '22
May '22
4.67%
4.50% 3.89%
4.00%
3.55%
3.50% 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% May '21 June '21 July '21
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Kootenai County Market Report | May 2022
Aug '21
Sep '21
Jan '22
Feb '22
Mar '22
Active Residential Listings As of 5/15/2022, month/year comparison. 1000 800
731
720
716
684
636
681
600
511
503 415
400
329
323
Jan '22
Feb '22
382
200 June '21
July '21
Aug '21
Sep '21
Oct '21
Nov '21
De c '21
Mar '22
Apr '22
May '22
Active Listings By Price Range Year-over-year comparison as of 5/15/2022.
2021
200
207
2022
$800K-$1M 14%
155
160
127
117
105 106
120 80
65
57
40
$1M+ 30%
14 14
7
8
5
6
15
6
17 13
0-$150K 2% $150-200K 1% $250K-300K 1%
93
75
$300K-$350K 2%
44
200K-$250K 1%
9 $600K-$800K 23%
+
$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
$500K-$600K 15%
$400K-$500K 10%
Sold Listings By Price Range Year-over-year comparison for the month of May.
2021
120
2022
$800K-$1M 12%
107 89
90
69 58
52
60 30
13 14
5
4
4
0
10
4
$600K-$800K 25%
86
$150-200K 1%
41
32
200K-$250K 0%
42
$250K-300K 1%
11 0 + $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 4%
65 33
27
$1M+ 12%
$500K-$600K 25%
$400K-$500K 17%
$300K-$350K 0% $350K-$400K 3%
Kootenai County Market Report | May 2022
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