Let’s be honest: if you’ve been house hunting in Coeur d’Alene lately, you’ve probably felt the sticker shock of the rising home prices in Coeur d’Alene.

“What happened to my cute little lake town with affordable homes and wide-open spaces?”

Well, friend, that little lake town grew up—and the secret’s out.

At North Idaho Experience, we hear it every day. So let’s break it down: Why is Coeur d’Alene so expensive right now? Is it still worth living here? And where does it actually save you money?

First Off… How Expensive Are We Talking?

According to the latest data, the cost of living in Coeur d’Alene is about 15.9% higher than the national average. Housing, in particular, has taken off like a jet ski on the Fourth of July:

• Median home price: $508,200
  
  
• That’s 50% higher than the national median
  
  
• Renters fare better: A 2-bedroom averages $1,290/mo—about 10% cheaper than the national average.
  
  

So… Why the Hike?

Let’s talk about what’s really going on behind the price tags.

1. People Are Flocking Here

Between remote work, lifestyle changes, and folks finally realizing we’re not just a pretty Instagram post, Coeur d’Alene has seen a surge of new residents. Many are moving from high-cost areas like Seattle, Portland, and California. And compared to those markets? CDA still feels like a steal.

More people = more demand = higher prices.

2. Tight Housing Inventory

You know that feeling when you’re eyeing the last pair of boots in your size during a holiday sale? That’s the housing market here. Limited inventory means homes sell faster and for more, giving sellers the upper hand.

3. Lifestyle + Location = Priceless

Lake Coeur d’Alene. Four seasons. Mountains. Breweries. Farmers markets. Hiking. Skiing. A downtown that’s straight-up postcard material. Oh, and did we mention Idaho’s no state income tax?

People aren’t just buying homes—they’re buying the North Idaho lifestyle.

Are Prices Still Climbing?

Yup. According to Salary.com, prices in the area rose 2.9% this past year. The biggest jumps? Transportation, food, and (you guessed it) housing.

So if you’re thinking of waiting for a “market crash” to swoop in… you might be waiting awhile.

But Here’s the Twist—It’s Not Expensive Across the Board

Yes, housing is up. But in other areas, Coeur d’Alene is still more affordable than much of the U.S.

• Utilities are nearly 20% cheaper than the national average
  
  
• Transportation costs are about 18% lower
  
  
• Healthcare is more affordable too
  
  

For remote workers, retirees, or anyone used to big-city prices, those savings can make a real difference.

So… Is It Still Worth It?

If you’re here for community, quality of life, and the kind of natural beauty that makes you forget your phone—then yes, Coeur d’Alene is still worth it.

It’s not “cheap” anymore, but value and vibes? 10/10.

Plus, if you work with a local team (hi, we’re North Idaho Experience ), you’ll have insider access to homes and opportunities that don’t always hit the MLS.

Why Is Coeur d’Alene So Expensive?

• Demand is way up, supply is tight
  
  
• People are paying for lifestyle, not just property
  
  
• It’s still more affordable in categories like utilities + transport
  
  
• Values continue rising, making homeownership here a long-term win
  
  

Thinking about making Coeur d’Alene home?
Reach out to our team and we’ll find you a place that feels as good as it looks.