Is Chelan County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chelan County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Chelan County has remained a Seller's Market.

Key Takeaway

Chelan County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chelan County, WA

How much do homes in Chelan County, WA cost?

Median Sold Price

$580,000

$310/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$46,066(+8.6%)

Key Takeaway

Homes in Chelan County have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Chelan County was $580,000 in November 2024, up 8.6% from last year, and the median price per square foot was $310.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $358.2K$375K
+4.7%
2 $443K$407K
-8.1%
3 $531.8K$580K
+9.1%
4 $682.4K$747.1K
+9.5%
5+ $657.5K$800K
+21.7%

Summary: Chelan County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 21.7%.

Median Sold Price Compared To Nearby Counties

Douglas County
+8.7%
Chelan County
+8.6%
Snohomish County
+6.1%
Okanogan County
-1.1%
Kittitas County
-4.5%

Housing Supply in Chelan County, WA

How many homes are available in Chelan County, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
454407-10.4%

Summary: The Chelan County real estate market had 407 homes for sale in November 2024, a 10.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3331
-6.1%
2 10290
-11.8%
3 206186
-9.7%
4 8376
-8.4%
5+ 3024
-20.0%

Summary: The Chelan County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.1%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8173-9.9%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chelan County, you may be able to get a good deal. 56.2% of homes here sold below asking price last month.

Summary: A total of 73 homes were sold or pending in Chelan County in November 2024, down by 9.9% month-over-month. Of the 73 sold homes, 56% were sold under asking, 29% were sold at asking, and 15% were sold over asking.

Days on Market for Chelan County, WA

How long does it take to sell a home in Chelan County, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days75 Days+35.1%

Summary: Homes in Chelan County had an average of 75 days on market in Nov 2024, up by 35.1% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chelan County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 73 homes were sold in Chelan County; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 37% 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 20 Days Ago

Newest Listings in Chelan County, WA

Nearby Markets to Chelan County, WA

What housing markets are near Chelan County, WA?