Is Airway Heights, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Airway Heights has remained a Seller's Market.
Key Takeaway
Airway Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Airway Heights, WA
How much do homes in Airway Heights, WA cost?
Median Sold Price
$373,997
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Airway Heights have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Airway Heights was $373,997 in May 2024, up 1.1% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $314K | $299K | -4.8% |
| 3 Bedrooms | $371K | $362.6K | -2.2% |
| 4 Bedrooms | $422.5K | $399.9K | -5.3% |
| 5+ Bedrooms | - | $485K | N/A |
Summary: Airway Heights housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes did not change.
Housing Supply in Airway Heights, WA
How many homes are available in Airway Heights, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Summary: The Airway Heights real estate market had 21 homes for sale in May 2024, a 16.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Airway Heights 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 decreased by 100%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Airway Heights, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Airway Heights in May 2024, the same as the previous month. Of the 9 sold homes, 0% were sold under asking, 56% were sold at asking, and 44% were sold over asking.
Days on Market for Airway Heights, WA
How long does it take to sell a home in Airway Heights, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 3 Days | 34 Days | +1051.9% |
Summary: Homes in Airway Heights had an average of 34 days on market in May 2024, up by 1051.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Airway Heights are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Airway Heights; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.