The story of this market
The typical home in ZIP 83869 sells for about $722,000, or $389 per square foot.
Prices are down 18.19% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,188 a month.
ZIP 83869 — Spirit Lake
The Spirit Lake housing market is experiencing significant downward price pressure with a year-over-year decline of over 18%. High vacancy rates and a challenging price-to-rent ratio suggest a cooling environment for both buyers and investors.
This area is primarily suited for those seeking detached single-family homes and a rural-adjacent lifestyle, though it presents challenges for investors due to high price-to-rent ratios.
Median prices moved down 18.2% year over year.
Homes spend a median of 45 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 83869, Kootenai County ID
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Idaho) — Homestead Property Tax Exemption: Exempts the lesser of $125,000 or 50% of the market value for assessment purposes from property taxation. Formula: Exemption = min($125,000, 0.50 * Market Value).
The area features access to Spirit Lake and surrounding natural landscapes typical of the Kootenai County region.
The rental market is constrained with limited supply and high vacancy rates reported in some datasets, making it difficult for investors to achieve cash flow.
The local economy is tied to the broader Kootenai County market, which includes tourism, retail, and service sectors.
Data retrieved from ZCTA-level census reports and market aggregators.
A primary natural amenity serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.