$5,225 Closing Credit*
$439,990
1,475 SqFt
3 Beds
•2 Baths
Chase Baxter, Listing Office: 4 Degrees Real Estate
Is 99224, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 99224 was a Seller's Market.
Key Takeaway
99224 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 99224, WA
How much do homes in 99224, WA cost?
Median Sold Price
$495,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-1.0%)
Key Takeaway
Homes in 99224 have sold for 1% less than they did a year ago.
Summary: The median home sold price in 99224 was $495,000 in October 2024, down 1% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $220K | -20.0% |
| 2 Bedrooms | $310K | $315.5K | +1.8% |
| 3 Bedrooms | $444.1K | $450K | +1.3% |
| 4 Bedrooms | $555K | $585K | +5.4% |
| 5+ Bedrooms | $739K | $757.5K | +2.5% |
Summary: 99224 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 99224, WA
How many homes are available in 99224, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 124 | 137 | +10.5% |
Summary: The 99224 real estate market had 137 homes for sale in October 2024, a 10.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 40 | 43 | +7.5% |
| 4 Bedrooms | 45 | 51 | +13.3% |
| 5+ Bedrooms | 31 | 35 | +12.9% |
Summary: The 99224 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 12.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99224, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 99224 in October 2024, down by 17.4% month-over-month. Of the 19 sold homes, 53% were sold under asking, 21% were sold at asking, and 26% were sold over asking.
Days on Market for 99224, WA
How long does it take to sell a home in 99224, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 38 Days | +42.0% |
Summary: Homes in 99224 had an average of 38 days on market in Oct 2024, up by 42% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 99224 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in 99224; 53% of homes were sold within 30 days, 37% 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.