Is Pend Oreille 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, Pend Oreille County was a Seller's Market.
Housing Prices in Pend Oreille County, WA
How much do homes in Pend Oreille County, WA cost?
Median Sold Price
$425,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pend Oreille County was $425,000 in May 2024, up 7.5% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $435K | $152.5K | -64.9% |
2 Bedrooms | $300K | $422.5K | +40.8% |
3 Bedrooms | $366K | $450K | +23.0% |
4 Bedrooms | $440K | $483.5K | +9.9% |
5+ Bedrooms | $519.9K | $463.4K | -10.9% |
Summary: Pend Oreille County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64.9%, 2 bedroom homes increased by 40.8%, 3 bedroom homes increased by 23%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 10.9%.
Median Sold Price Compared To Nearby Counties
Pend Oreille County | $395.4K | $425K | +7.5% |
Spokane County | $418.4K | $422.3K | +0.9% |
Stevens County | $361.6K | $354.5K | -2.0% |
Housing Supply in Pend Oreille County, WA
How many homes are available in Pend Oreille County, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
57 | 78 | +36.8% |
Summary: The Pend Oreille County real estate market had 78 homes for sale in May 2024, a 36.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 11 | +22.2% |
2 Bedrooms | 12 | 15 | +25.0% |
3 Bedrooms | 18 | 25 | +38.9% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 4 | 10 | +150.0% |
Summary: The Pend Oreille County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 38.9%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Pend Oreille County in May 2024, up by 8.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% were sold over asking.
Days on Market for Pend Oreille County, WA
How long does it take to sell a home in Pend Oreille County, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 40 Days | +193.8% |
Summary: Homes in Pend Oreille County had an average of 40 days on market in May 2024, up by 193.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Pend Oreille County; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.