$69,000
0.33 Acres
Land
Stacy LaCount, Listing Office: Keller Williams Western Realty
Is Conway, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Conway was a Seller's Market.
Key Takeaway
Conway is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Conway, WA
How much do homes in Conway, WA cost?
Median Sold Price
$945,000
$352/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$172,500(+22.3%)
Key Takeaway
Homes in Conway have sold for 22.3% more than they did a year ago.
Summary: The median home sold price in Conway was $945,000 in October 2024, up 22.3% from last year, and the median price per square foot was $352.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $530K | - | N/A |
| 2 Bedrooms | $540K | $550K | +1.9% |
| 3 Bedrooms | $812.5K | $875K | +7.7% |
| 4 Bedrooms | $795K | $1.1M | +47.6% |
| 5+ Bedrooms | $850K | $1.5M | +76.5% |
Summary: Conway 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 1.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 47.6%, and 5+ bedroom homes increased by 76.5%.
Median Sold Price Compared To Nearby Cities
| Conway | $772.5K | $945K | +22.3% |
| Lake Cavanaugh | $754K | $800K | +6.1% |
| Mount Vernon | $529.4K | $560.7K | +5.9% |
Housing Supply in Conway, WA
How many homes are available in Conway, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The Conway real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Conway 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Conway, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Conway in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Conway, WA
How long does it take to sell a home in Conway, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 4 Days | -84.0% |
Summary: Homes in Conway had an average of 4 days on market in Oct 2024, down by 84% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Conway are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Conway; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.