Is Boise / Osceola, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boise / Osceola is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Boise / Osceola has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Boise / Osceola, WA

How much do homes in Boise / Osceola, WA cost?

Median Sold Price

$614,475

$351/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,525(-1.7%)

Key Takeaway

Homes in Boise / Osceola have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in Boise / Osceola was $614,475 in November 2024, down 1.7% from last year, and the median price per square foot was $351.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$450K
N/A
2 $362K$377.5K
+4.3%
3 $569.9K$577.5K
+1.3%
4 $725K$667.5K
-7.9%
5+ $892.5K$894K
0.2%

Summary: Boise / Osceola 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 increased by 4.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 0.2%.

Housing Supply in Boise / Osceola, WA

How many homes are available in Boise / Osceola, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3225-21.9%

Summary: The Boise / Osceola real estate market had 25 homes for sale in November 2024, a 21.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1310
-23.1%
4 108
-20.0%
5+ 54
-20.0%

Summary: The Boise / Osceola housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 10 homes were sold or pending in Boise / Osceola in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.

Days on Market for Boise / Osceola, WA

How long does it take to sell a home in Boise / Osceola, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days42 Days+68.8%

Summary: Homes in Boise / Osceola had an average of 42 days on market in Nov 2024, up by 68.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Boise / Osceola; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% 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 17 Days Ago

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