Is Ione-Metaline Falls, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ione-Metaline Falls is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Ione-Metaline Falls has remained a Seller's Market.

Key Takeaway

Ione-Metaline Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ione-Metaline Falls, WA

How much do homes in Ione-Metaline Falls, WA cost?

Median Sold Price

$252,500

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$62,500(+32.9%)

Key Takeaway

Homes in Ione-Metaline Falls have sold for 32.9% more than they did a year ago.

Summary: The median home sold price in Ione-Metaline Falls was $252,500 in October 2024, up 32.9% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $129.9K$185K
+42.4%
2 $190K$295K
+55.3%
3 $123.7K$250K
+102.0%
4 $499.9K$223.3K
-55.3%
5+ $417.5K$907.5K
+117.4%

Summary: Ione-Metaline Falls housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.4%, 2 bedroom homes increased by 55.3%, 3 bedroom homes increased by 102%, 4 bedroom homes decreased by 55.3%, and 5+ bedroom homes increased by 117.4%.

Housing Supply in Ione-Metaline Falls, WA

How many homes are available in Ione-Metaline Falls, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1514-6.7%

Summary: The Ione-Metaline Falls real estate market had 14 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 66
0.0%
3 52
-60.0%
4 22
0.0%
5+ 12
+100.0%

Summary: The Ione-Metaline Falls housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ione-Metaline Falls, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Ione-Metaline Falls in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Ione-Metaline Falls, WA

How long does it take to sell a home in Ione-Metaline Falls, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days8 Days-76.5%

Summary: Homes in Ione-Metaline Falls had an average of 8 days on market in Oct 2024, down by 76.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ione-Metaline Falls are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Ione-Metaline Falls; 100% of homes were sold within 30 days, 0% 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 20 Days Ago

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