$10,000 Closing Credit*
$859,900
1,762 SqFt
3 Beds
•1 Full Bath, 1 Partial
Tiffany Cruz, Listing Office: Cruz & Co. LLC
Is Gatewood, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Gatewood has remained a Seller's Market.
Key Takeaway
Gatewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gatewood, WA
How much do homes in Gatewood, WA cost?
Median Sold Price
$905,000
$513/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$115,000(+14.6%)
Key Takeaway
Homes in Gatewood have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in Gatewood was $905,000 in December 2024, up 14.6% from last year, and the median price per square foot was $513.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $422K | +29.8% |
| 2 Bedrooms | $610K | $721.8K | +18.3% |
| 3 Bedrooms | $800K | $905K | +13.1% |
| 4 Bedrooms | $929.5K | $1.2M | +30.8% |
| 5+ Bedrooms | $1.6M | $1.5M | -2.3% |
Summary: Gatewood housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.8%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 2.3%.
Housing Supply in Gatewood, WA
How many homes are available in Gatewood, WA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Summary: The Gatewood real estate market had 16 homes for sale in December 2024, a 20.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Gatewood housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gatewood, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Gatewood in December 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for Gatewood, WA
How long does it take to sell a home in Gatewood, WA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 48 Days | 18 Days | -62.1% |
Summary: Homes in Gatewood had an average of 18 days on market in Dec 2024, down by 62.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gatewood are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 7 homes were sold in Gatewood; 57% of homes were sold within 30 days, 43% 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 © 2025 Northwest MLS. All rights reserved.