Is Newaukum Prairie, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newaukum Prairie is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Newaukum Prairie has remained a Seller's Market.

Key Takeaway

Newaukum Prairie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Newaukum Prairie, WA

How much do homes in Newaukum Prairie, WA cost?

Median Sold Price

$405,750

$296/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$144,250(-26.2%)

Key Takeaway

Homes in Newaukum Prairie have sold for 26.2% less than they did a month ago.

Summary: The median home sold price in Newaukum Prairie was $405,750 in May 2024, down 26.2% from last month, and the median price per square foot was $296.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $475.7K$405.7K
-14.7%
4 $649K-
N/A
5+ --
N/A

Summary: Newaukum Prairie housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Newaukum Prairie, WA

How many homes are available in Newaukum Prairie, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1716-5.9%

Summary: The Newaukum Prairie real estate market had 16 homes for sale in May 2024, a 5.9% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 1211
-8.3%
4 53
-40.0%
5+ 01
+100.0%

Summary: The Newaukum Prairie housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newaukum Prairie, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Newaukum Prairie in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Newaukum Prairie, WA

How long does it take to sell a home in Newaukum Prairie, WA?

Average Sale Time

Apr 2024May 2024CHANGE
14 Days47 Days+227.1%

Summary: Homes in Newaukum Prairie had an average of 47 days on market in May 2024, up by 227.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Newaukum Prairie are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 4 homes were sold in Newaukum Prairie; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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