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 October 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

$600,000

$363/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$10,000(-1.6%)

Key Takeaway

Homes in Boise / Osceola have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Boise / Osceola was $600,000 in October 2024, down 1.6% from last year, and the median price per square foot was $363.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$382.5K
N/A
2 $362K$377.5K
+4.3%
3 $561K$585K
+4.3%
4 $690K$675K
-2.2%
5+ $892.5K$1.6M
+84.9%

Summary: Boise / Osceola housing prices by bedroom type for October 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 4.3%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 84.9%.

Housing Supply in Boise / Osceola, WA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3132+3.2%

Summary: The Boise / Osceola real estate market had 32 homes for sale in October 2024, a 3.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1313
0.0%
4 710
+42.9%
5+ 55
0.0%

Summary: The Boise / Osceola housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boise / Osceola, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Boise / Osceola in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% 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

Oct 2023Oct 2024CHANGE
17 Days28 Days+63.0%

Summary: Homes in Boise / Osceola had an average of 28 days on market in Oct 2024, up by 63% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 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 October 2024, 8 homes were sold in Boise / Osceola; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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 16 Days Ago

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