Is Colville, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Colville was a Seller's Market.

Key Takeaway

Colville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Colville, WA

How much do homes in Colville, WA cost?

Median Sold Price

$335,065

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,565(+0.8%)

Key Takeaway

Homes in Colville have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Colville was $335,065 in November 2024, up 0.8% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K$170K
+3.0%
2 $263.7K$250K
-5.2%
3 $327K$366.5K
+12.1%
4 $348K$365K
+4.9%
5+ $410K$385K
-6.1%

Summary: Colville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 6.1%.

Housing Supply in Colville, WA

How many homes are available in Colville, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5855-5.2%

Summary: The Colville real estate market had 55 homes for sale in November 2024, a 5.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 99
0.0%
2 119
-18.2%
3 2323
0.0%
4 1412
-14.3%
5+ 12
+100.0%

Summary: The Colville 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 18.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Colville in November 2024, down by 25.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Colville, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days136 Days+216.6%

Summary: Homes in Colville had an average of 136 days on market in Nov 2024, up by 216.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Colville; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

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