The housing market in Post Falls continues to see strong price appreciation, with values up 12.8% compared to last year. The median home price of $510,000 represents a moderate 12.8% increase from this time last year. At the current pace, all available homes in Post Falls would sell out in just 1.8 months, indicating a continued supply shortage. Transaction volume is up 31% compared to what's typically expected this time of year. A significant 23.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 10.4% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Post Falls market with the affordability index at 81.7. Based on current market indicators, home prices in Post Falls are projected to decrease by approximately 4.3% over the next month.