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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Creston is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Creston was a Seller's Market.

Key Takeaway

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

Housing Prices in Creston, WA

How much do homes in Creston, WA cost?

Median Sold Price

$207,500

$115/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$376,500(-64.5%)

Key Takeaway

Homes in Creston have sold for 64.5% less than they did a month ago.

Summary: The median home sold price in Creston was $207,500 in October 2024, down 64.5% from last month, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $323.2K$207.5K
-35.8%
4 $584K-
N/A
5+ --
N/A

Summary: Creston housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 35.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Creston, WA

How many homes are available in Creston, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1312-7.7%

Summary: The Creston real estate market had 12 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 54
-20.0%
5+ 23
+50.0%

Summary: The Creston 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 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Creston, 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 Creston 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 Creston, WA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
97 Days49 Days-49.8%

Summary: Homes in Creston had an average of 49 days on market in Oct 2024, down by 49.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Creston has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Creston; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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