Is Chelan County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Chelan County was a Seller's Market.
Key Takeaway
Chelan County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Chelan County, WA
How much do homes in Chelan County, WA cost?
Median Sold Price
$545,178
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Chelan County have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Chelan County was $545,178 in May 2024, down 0.9% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $367.5K | $352K | -4.2% |
| 2 Bedrooms | $440K | $430K | -2.3% |
| 3 Bedrooms | $550K | $544.2K | -1.0% |
| 4 Bedrooms | $699.5K | $721.5K | +3.1% |
| 5+ Bedrooms | $655K | $661K | +0.9% |
Summary: Chelan County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 0.9%.
Median Sold Price Compared To Nearby Counties
| Okanogan County | $339K | $359.6K | +6.1% |
| Douglas County | $470K | $481.5K | +2.4% |
| Snohomish County | $699.5K | $709.2K | +1.4% |
| Chelan County | $550K | $545.1K | -0.9% |
| Kittitas County | $542.4K | $528K | -2.6% |
Housing Supply in Chelan County, WA
How many homes are available in Chelan County, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 386 | 520 | +34.7% |
Summary: The Chelan County real estate market had 520 homes for sale in May 2024, a 34.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 28 | 39 | +39.3% |
| 2 Bedrooms | 75 | 103 | +37.3% |
| 3 Bedrooms | 173 | 225 | +30.1% |
| 4 Bedrooms | 87 | 115 | +32.2% |
| 5+ Bedrooms | 23 | 38 | +65.2% |
Summary: The Chelan County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 39.3%, 2 bedroom homes increased by 37.3%, 3 bedroom homes increased by 30.1%, 4 bedroom homes increased by 32.2%, and 5+ bedroom homes increased by 65.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 55 | 80 | +45.5% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chelan County, you may be able to get a good deal. 42.5% of homes here sold below asking price last month.
Summary: A total of 80 homes were sold or pending in Chelan County in May 2024, up by 45.5% month-over-month. Of the 80 sold homes, 43% were sold under asking, 30% were sold at asking, and 28% were sold over asking.
Days on Market for Chelan County, WA
How long does it take to sell a home in Chelan County, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 56 Days | 41 Days | -26.6% |
Summary: Homes in Chelan County had an average of 41 days on market in May 2024, down by 26.6% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chelan County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 80 homes were sold in Chelan County; 69% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service 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. 
The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.