Is Nordland, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nordland is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Nordland, WA

How much do homes in Nordland, WA cost?

Median Sold Price

$1,800,000

$716/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$721,000(+66.8%)

Key Takeaway

Homes in Nordland have sold for 66.8% more than they did a month ago.

Summary: The median home sold price in Nordland was $1,800,000 in May 2024, up 66.8% from last month, and the median price per square foot was $716.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $1.0M$1.8M
+66.8%
2 --
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Nordland housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 66.8%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nordland, WA

How many homes are available in Nordland, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
54-20.0%

Summary: The Nordland real estate market had 4 homes for sale in May 2024, a 20.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 00
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Nordland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nordland, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Nordland in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Nordland, WA

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

Average Sale Time

Apr 2024May 2024CHANGE
231 Days24 Days-89.6%

Summary: Homes in Nordland had an average of 24 days on market in May 2024, down by 89.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Nordland; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in Nordland, WA

Nearby Markets to Nordland, WA

What housing markets are near Nordland, WA?