Is Barkley, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Barkley is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Barkley was a Buyer's Market.

Key Takeaway

Barkley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Barkley, WA

How much do homes in Barkley, WA cost?

Median Sold Price

$627,000

$395/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,000(-1.3%)

Key Takeaway

Homes in Barkley have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in Barkley was $627,000 in November 2024, down 1.3% from last year, and the median price per square foot was $395.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$446.2K
N/A
2 $455K$448K
-1.5%
3 $630K$625K
-0.8%
4 $850K$842.5K
-0.9%
5+ $615K$1.1M
+90.2%

Summary: Barkley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 90.2%.

Housing Supply in Barkley, WA

How many homes are available in Barkley, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2623-11.5%

Summary: The Barkley real estate market had 23 homes for sale in November 2024, a 11.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 77
0.0%
3 1110
-9.1%
4 43
-25.0%
5+ 00
0.0%

Summary: The Barkley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Barkley, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Barkley in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Barkley, WA

How long does it take to sell a home in Barkley, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days35 Days+615.0%

Summary: Homes in Barkley had an average of 35 days on market in Nov 2024, up by 615% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Barkley are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Barkley; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in Barkley, WA

Nearby Markets to Barkley, WA