Is Greater Bush Prairie, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greater Bush Prairie is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Greater Bush Prairie was a Neutral Market.

Key Takeaway

Greater Bush Prairie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greater Bush Prairie, WA

How much do homes in Greater Bush Prairie, WA cost?

Median Sold Price

$599,900

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,900(+1.9%)

Key Takeaway

Homes in Greater Bush Prairie have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Greater Bush Prairie was $599,900 in November 2024, up 1.9% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $535K$435K
-18.7%
3 $509.9K$540K
+5.9%
4 $649.9K$639.9K
-1.5%
5+ $787.5K$769.9K
-2.2%

Summary: Greater Bush Prairie 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 decreased by 18.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 2.2%.

Housing Supply in Greater Bush Prairie, WA

How many homes are available in Greater Bush Prairie, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
153145-5.2%

Summary: The Greater Bush Prairie real estate market had 145 homes for sale in November 2024, a 5.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 7675
-1.3%
4 6257
-8.1%
5+ 1513
-13.3%

Summary: The Greater Bush Prairie 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 remained the same, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2535+40.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greater Bush Prairie, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Greater Bush Prairie in November 2024, up by 40.0% month-over-month. Of the 35 sold homes, 51% were sold under asking, 26% were sold at asking, and 23% were sold over asking.

Days on Market for Greater Bush Prairie, WA

How long does it take to sell a home in Greater Bush Prairie, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
54 Days78 Days+45.3%

Summary: Homes in Greater Bush Prairie had an average of 78 days on market in Nov 2024, up by 45.3% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greater Bush Prairie are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 35 homes were sold in Greater Bush Prairie; 40% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 31% 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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