Market Intelligence for Sandpoint, Idaho

REAL Market Update - Brought to you by Jackie Suarez, Associate Broker

*Data based on Selkirk MLS effective date 2/24/2026. 

What is the current real estate market climate in North Idaho?

 Winter put the market on ice in Bonner and Boundary Counties early in 2026, but we’re seeing a warming trend. Sales volume has climbed 30% in the past 30 days and the majority of activity has centered on homes priced below $600,000. That shift pulled the median sales price down more than 25% over the past month.That shift has pulled the median sales price down more than 25% over the past month. And with 64% of new owners taking out mortgages, buyers seem to recognize that interest rates aren’t exactly in freefall.

The land market remains in hibernation, with just 10 closings in the past month and a median price of $207,500. Seventy percent of those buyers paid cash, snapping up opportunities before the spring thaw brings more listings to market.

Our waterfront market is beginning to break open. Approximately 20 offerings are currently available on the Pend Oreille, ranging from $1,395,000 for a fixer-upper on the river to $11,900,000 for a 10,000 square-foot home to be built. Call me for details on a fantastic 4-bedroom waterfront home minutes from Sandpoint, priced right!

Translation: it’s a buyer’s market, and sellers are serving up early-season deals before the real rush of spring.

Thinking about buying or selling?
Spring will bring an influx of properties to the market and buyers to take advantage of well-priced offerings. This could be your opportunity for the right deal here in North Idaho.

3 Forecast-Proof Tips for Navigating This Market: 

1.  Go local. Work with full-time pros who know the terrain, trends, and microclimates.
2. Sellers – Mind the forecast. Strong presentation and realistic pricing keep you competitive—too much blue sky invites a correction.
3. Buyers – Stay steady. Line up financing, inspect carefully, and be ready to engage with motivated sellers.

Our market is constantly changing.  

What is important to me remains the same - God, Family and Relationships. 

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