May 2026 Market Data •Redfin City-Limits Figures

Data collected for May 2026 (the most recent full month of closings), with year-over-year comparisons to May 2025. These are city-limits-only figures pulled from Redfin, not metro-wide MLS totals. Competitiveness and “typical time to pending” reflect Redfin’s trailing three-month Compete Score. This update covers the city of Coeur d'Alene, ID.

The Market at a Glance — May 2026

“Competition” reflects Redfin’s Compete Score — a 0–100 rating of how hard buyers compete for homes over the trailing three months, based on how many offers homes receive, how often they sell above asking, how quickly they go pending, and the sale-to-list ratio. A score of 49 places Coeur d'Alene in genuinely balanced territory between buyers and sellers.

Prices and Pace

Coeur d'Alene has settled into a balanced, healthy market after its extraordinary pandemic-era run. The median sale price was $574,656, essentially flat year over year (down 0.8%) — a sign that the explosive appreciation driven by the wave of in-migration from California, Washington, and other higher-cost states has given way to stability. Prices are holding rather than climbing or falling, which is arguably the healthiest place a formerly red-hot market can land.

Demand remains real and the pace is brisk. With 257 closings and a typical time to pending of roughly 20 days, well-positioned homes still move quickly in this lake-and-resort city. The sale-to-list ratio held at 98.3%, meaning the typical home sold within about 2% of its asking price — close, but with a little room for negotiation.

Where the Leverage Sits

This is one of the more evenly balanced markets in our coverage, and the numbers show it. Only 13.2% of homes sold above list — bidding wars are the exception — while 25.6% of listings cut their price before selling, a meaningful share that points to genuine negotiating room. With a Redfin Compete Score of 49, neither side holds a decisive edge: sharply-priced, desirable homes still move fast, but buyers have leverage on anything that has lingered or reached on price.

Coeur d'Alene is very much a market of micro-locations, and lakefront and downtown proximity drive enormous variation. Walkable Downtown Coeur d'Alene and premier neighborhoods near the water command steep premiums and move in days, while more standard inland subdivisions trade closer to the citywide median and offer more breathing room. Anchor any valuation to recent comparable sales in the specific neighborhood and lake-proximity tier.

What This Means for Buyers

Coeur d'Alene offers buyers a refreshingly fair market. The era of waiving every contingency and paying far over ask has cooled — only about one in eight homes now sells above list, and a quarter of listings cut price, giving buyers real room to negotiate, especially on homes that have sat. That said, the ~20-day pace means desirable, well-priced homes in sought-after lake and downtown locations still move quickly, so be ready to act decisively when the right one appears. Come prepared, but you no longer need to overextend to compete on the typical listing.

What This Means for Sellers

Sellers in Coeur d'Alene are in a solid but no longer overheated market, so pricing strategy matters again. With prices flat year over year and a quarter of listings forced into a reduction, the homes that sell quickly and near ask are the ones priced to current comparable sales from day one — not to the peak values of a couple of years ago. Lakefront and downtown-adjacent homes still command strong premiums and quick sales; elsewhere, accurate pricing and good presentation are what convert the city’s steady, ongoing in-migration demand into a clean sale.

Bottom Line

Coeur d'Alene heads into summer 2026 as a balanced, stabilized market — flat prices, a brisk but not frenzied pace, and leverage shared fairly evenly between buyers and sellers. The boom has matured into healthy equilibrium: desirable lake and downtown homes still move fast, while patient, prepared buyers find genuine negotiating room on everything else.

Data provided by Redfin (redfin.com). Figures are city-limits monthly data for May 2026; competitiveness and time-to-pending reflect Redfin’s trailing three-month Compete Score.