Median home prices rise in Kootenai County

COEUR d’ALENE — The median price of a single-family home in Kootenai County has reached its highest level since January.

According to the Coeur d’Alene Regional Realtors, the median price of a Kootenai County home was at 515,000 in April, an increase of nearly 3% from March, when it was $501,000.

The median price in April was down about 6.4% from one year ago, when it was $549,950. In February, it was $511,000.

The total number of Kootenai County homes on less than two acres sold as of April was 601, down nearly 30% from the same time last year.

The number of active residential listings as of May 3 was 790, an increase of 79% from the same time last year. It was also up nearly 13% from March, when there were 701 active residential listings, the CRR reported.

Mortgage interest rates on a 30-year fixed loan were about 7% on Thursday.