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 neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Boise / Osceola was a Seller's Market.

Key Takeaway

Boise / Osceola is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Boise / Osceola, WA

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

Median Sold Price

$600,000

$365/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$40,000(-6.3%)

Key Takeaway

Homes in Boise / Osceola have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in Boise / Osceola was $600,000 in September 2024, down 6.3% from last year, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$382.5K
N/A
2 $362K$481K
+32.9%
3 $565.2K$587.5K
+3.9%
4 $690K$737.5K
+6.9%
5+ $855K-
N/A

Summary: Boise / Osceola housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes did not change.

Housing Supply in Boise / Osceola, WA

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2733+22.2%

Summary: The Boise / Osceola real estate market had 33 homes for sale in September 2024, a 22.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 912
+33.3%
4 910
+11.1%
5+ 55
0.0%

Summary: The Boise / Osceola housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boise / Osceola, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Boise / Osceola in September 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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

Sep 2023Sep 2024CHANGE
21 Days36 Days+67.0%

Summary: Homes in Boise / Osceola had an average of 36 days on market in Sep 2024, up by 67% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Boise / Osceola has remained consistent over time.

Summary: During September 2024, 5 homes were sold in Boise / Osceola; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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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