Is Knappa-Brownsmead, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Knappa-Brownsmead is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Knappa-Brownsmead was a Seller's Market.

Key Takeaway

Knappa-Brownsmead 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 Knappa-Brownsmead, OR

How much do homes in Knappa-Brownsmead, OR cost?

Median Sold Price

$426,000

$198/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$87,000(-17.0%)

Key Takeaway

Homes in Knappa-Brownsmead have sold for 17% less than they did a month ago.

Summary: The median home sold price in Knappa-Brownsmead was $426,000 in October 2024, down 17% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $513K$426K
-17.0%
4 --
N/A
5+ --
N/A

Summary: Knappa-Brownsmead housing prices by bedroom type for October 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 17%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Puget Island
-3.5%
Knappa-Brownsmead
-17.0%
Grays River
-73.5%

Housing Supply in Knappa-Brownsmead, OR

How many homes are available in Knappa-Brownsmead, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
87-12.5%

Summary: The Knappa-Brownsmead real estate market had 7 homes for sale in October 2024, a 12.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 53
-40.0%
4 12
+100.0%
5+ 00
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Knappa-Brownsmead, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Knappa-Brownsmead in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Knappa-Brownsmead, OR

How long does it take to sell a home in Knappa-Brownsmead, OR?

Average Sale Time

Sep 2024Oct 2024CHANGE
93 Days11 Days-88.2%

Summary: Homes in Knappa-Brownsmead had an average of 11 days on market in Oct 2024, down by 88.2% 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 Knappa-Brownsmead are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Knappa-Brownsmead; 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 16 Days Ago

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