$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 November 2023
At the same time last year, Conway was a Seller's Market.
Key Takeaway
Conway 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 Conway, WA
How much do homes in Conway, WA cost?
Median Sold Price
$850,000
$364/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+6.9%)
Key Takeaway
Homes in Conway have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Conway was $850,000 in November 2024, up 6.9% from last year, and the median price per square foot was $364.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $530K | - | N/A |
| 2 Bedrooms | $548.5K | $557.5K | +1.6% |
| 3 Bedrooms | $937.5K | $845K | -9.9% |
| 4 Bedrooms | $795K | $1.1M | +47.6% |
| 5+ Bedrooms | $850K | $1.5M | +76.5% |
Summary: Conway housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 47.6%, and 5+ bedroom homes increased by 76.5%.
Median Sold Price Compared To Nearby Cities
| Conway | $795K | $850K | +6.9% |
| Mount Vernon | $539.9K | $560K | +3.7% |
Housing Supply in Conway, WA
How many homes are available in Conway, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Conway real estate market had 12 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Conway 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 33.3%, 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were 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 2 homes were sold or pending in Conway in November 2024, up by 100.0% month-over-month. Of the 2 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 19 Days | -66.4% |
Summary: Homes in Conway had an average of 19 days on market in Nov 2024, down by 66.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 November 2024, 2 homes were sold in Conway; 50% of homes were sold within 30 days, 50% 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.