$4,513 Closing Credit*
$380,000
2,235 SqFt
3 Beds
•3 Baths
Jolene Baldwin, Listing Office: Windermere Manito, LLC
Is Davenport, 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, Davenport was a Seller's Market.
Key Takeaway
Davenport 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 Davenport, WA
How much do homes in Davenport, WA cost?
Median Sold Price
$334,750
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$40,250(-10.7%)
Key Takeaway
Homes in Davenport have sold for 10.7% less than they did a year ago.
Summary: The median home sold price in Davenport was $334,750 in October 2024, down 10.7% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $180.2K | -33.2% |
| 2 Bedrooms | $514K | $425K | -17.3% |
| 3 Bedrooms | $349.5K | $287K | -17.9% |
| 4 Bedrooms | $325K | $415K | +27.7% |
| 5+ Bedrooms | $502.5K | $445K | -11.4% |
Summary: Davenport housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.2%, 2 bedroom homes decreased by 17.3%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes decreased by 11.4%.
Housing Supply in Davenport, WA
How many homes are available in Davenport, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 32 | +28.0% |
Summary: The Davenport real estate market had 32 homes for sale in October 2024, a 28.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 11 | 17 | +54.5% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Davenport 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 increased by 54.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Davenport, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Davenport in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Davenport, WA
How long does it take to sell a home in Davenport, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 103 Days | +292.4% |
Summary: Homes in Davenport had an average of 103 days on market in Oct 2024, up by 292.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Davenport has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Davenport; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS 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.