$4,453 Closing Credit*
$375,000
2,195 SqFt
5 Beds
•2 Baths
Nathalie Batty, Listing Office: Redfin
Is Bemiss, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bemiss has remained a Seller's Market.
Key Takeaway
Bemiss is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bemiss, WA
How much do homes in Bemiss, WA cost?
Median Sold Price
$279,999
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$20,001(-6.7%)
Key Takeaway
Homes in Bemiss have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Bemiss was $279,999 in November 2024, down 6.7% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $193.6K | $215K | +11.0% |
| 2 Bedrooms | $249K | $250K | 0.4% |
| 3 Bedrooms | $310K | $285K | -8.1% |
| 4 Bedrooms | $306.7K | $322K | +5.0% |
| 5+ Bedrooms | $332.5K | $349.9K | +5.3% |
Summary: Bemiss housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 5.3%.
Housing Supply in Bemiss, WA
How many homes are available in Bemiss, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 32 | -17.9% |
Summary: The Bemiss real estate market had 32 homes for sale in November 2024, a 17.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 13 | 8 | -38.5% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Bemiss housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 38.5%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bemiss, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Bemiss in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 0% were sold under asking, 38% were sold at asking, and 63% were sold over asking.
Days on Market for Bemiss, WA
How long does it take to sell a home in Bemiss, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 26 Days | -23.1% |
Summary: Homes in Bemiss had an average of 26 days on market in Nov 2024, down by 23.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bemiss are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Bemiss; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.