Barb Huff Realtor

📊 CDA AREA MARKET UPDATE | MAY 2026

If you've been wondering whether it's a good time to buy or sell in North Idaho, here's what the latest numbers are telling us:

🏡 Home prices are still climbing.
The median sold price increased over 6% year-over-year, rising from $531,990 to $564,250. Sellers are continuing to see strong appreciation, while buyers should expect competition for well-priced homes.

📈 Inventory is growing.
Active listings are up significantly from earlier this year, giving buyers more choices and a little more breathing room than we've seen in recent years.

⏱️ Homes are selling faster.
Average days on market dropped from 90 days last May to just 81 days this year. Well-priced homes are attracting attention quickly.

💰 Sellers are getting close to asking price.
The average sold-to-list price ratio is hovering around 97%, showing that buyers are still willing to pay strong prices for homes that are properly priced and presented.

What This Means for Buyers:

✅ More inventory means more options.
✅ Less pressure than the ultra-competitive pandemic market.
✅ Interest rates remain an important factor, but negotiating opportunities are improving.
✅ Waiting could mean paying more if prices continue their upward trend.

What This Means for Sellers:

✅ Home values continue to rise.
✅ Buyers are active and purchasing.
✅ Correct pricing is critical as inventory increases.
✅ Well-prepared homes are selling faster and closer to asking price.

📌 Bottom Line:
We're moving toward a healthier, more balanced market—not a buyer's market and not the frenzy of years past. Buyers have more opportunities, and sellers are still benefiting from strong home values.

Thinking about making a move in 2026? Let's talk about what these numbers mean specifically for your home, your neighborhood, and your goals.

📩 Send me a message or comment "MARKET" below, and I'll send you a personalized analysis of your home's value and local market trends.