$5,106 Closing Credit*
$430,000
2,204 SqFt
4 Beds
•3 Baths
Kelcee Cramer, Listing Office: Amplify Real Estate Services
Is 99027, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 99027 was a Neutral Market.
Key Takeaway
99027 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 99027, WA
How much do homes in 99027, WA cost?
Median Sold Price
$440,000
$226/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$322,000(-42.3%)
Key Takeaway
Homes in 99027 have sold for 42.3% less than they did a month ago.
Summary: The median home sold price in 99027 was $440,000 in October 2024, down 42.3% from last month, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $582K | - | N/A |
| 3 Bedrooms | $940K | $432.5K | -54.0% |
| 4 Bedrooms | $569.5K | $765K | +34.3% |
| 5+ Bedrooms | $845K | $845K | 0.0% |
Summary: 99027 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 54%, 4 bedroom homes increased by 34.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 99025 | $580K | $432.5K | -25.4% |
| 99027 | $762K | $440K | -42.3% |
Housing Supply in 99027, WA
How many homes are available in 99027, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 40 | +8.1% |
Summary: The 99027 real estate market had 40 homes for sale in October 2024, a 8.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The 99027 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 increased by 12.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99027, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 99027 in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for 99027, WA
How long does it take to sell a home in 99027, WA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 51 Days | +21.8% |
Summary: Homes in 99027 had an average of 51 days on market in Oct 2024, up by 21.8% compared to last month.
Breakdown of Home Sale Times
3 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 99027 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 99027; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.