$5,759 Closing Credit*
$485,000
1,560 SqFt
3 Beds
•2 Full Baths
Tommy Mutchler, Listing Office: Real Broker LLC
Is Blaine, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Blaine has remained a Seller's Market.
Key Takeaway
Blaine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Blaine, WA
How much do homes in Blaine, WA cost?
Median Sold Price
$550,000
$352/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,750(+6.5%)
Key Takeaway
Homes in Blaine have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Blaine was $550,000 in October 2024, up 6.5% from last year, and the median price per square foot was $352.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $246K | +20.0% |
| 2 Bedrooms | $399.7K | $416K | +4.1% |
| 3 Bedrooms | $541.5K | $607K | +12.1% |
| 4 Bedrooms | $636.5K | $820.7K | +29.0% |
| 5+ Bedrooms | $800K | $799.9K | 0% |
Summary: Blaine housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 29%, and 5+ bedroom homes did not change.
Housing Supply in Blaine, WA
How many homes are available in Blaine, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 213 | 218 | +2.3% |
Summary: The Blaine real estate market had 218 homes for sale in October 2024, a 2.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 16 | +23.1% |
| 2 Bedrooms | 57 | 51 | -10.5% |
| 3 Bedrooms | 91 | 104 | +14.3% |
| 4 Bedrooms | 44 | 39 | -11.4% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Blaine housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 39 | -11.4% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Blaine, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Blaine in October 2024, down by 11.4% month-over-month. Of the 39 sold homes, 46% were sold under asking, 33% were sold at asking, and 21% were sold over asking.
Days on Market for Blaine, WA
How long does it take to sell a home in Blaine, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 42 Days | -31.5% |
Summary: Homes in Blaine had an average of 42 days on market in Oct 2024, down by 31.5% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Blaine are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 39 homes were sold in Blaine; 54% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service 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.