Is Kellogg Marsh, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kellogg Marsh is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Kellogg Marsh has remained a Seller's Market.

Key Takeaway

Kellogg Marsh is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kellogg Marsh, WA

How much do homes in Kellogg Marsh, WA cost?

Median Sold Price

$580,000

$375/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+5.5%)

Key Takeaway

Homes in Kellogg Marsh have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Kellogg Marsh was $580,000 in October 2024, up 5.5% from last year, and the median price per square foot was $375.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$500K
N/A
2 $480.5K$515.5K
+7.3%
3 $530K$560K
+5.7%
4 $590K$625.5K
+6.0%
5+ $750K$712.4K
-5.0%

Summary: Kellogg Marsh housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 5%.

Housing Supply in Kellogg Marsh, WA

How many homes are available in Kellogg Marsh, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3835-7.9%

Summary: The Kellogg Marsh real estate market had 35 homes for sale in October 2024, a 7.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2721
-22.2%
4 58
+60.0%
5+ 44
0.0%

Summary: The Kellogg Marsh 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 22.2%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kellogg Marsh, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Kellogg Marsh in October 2024, up by 7.1% month-over-month. Of the 15 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Kellogg Marsh, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days41 Days+298.1%

Summary: Homes in Kellogg Marsh had an average of 41 days on market in Oct 2024, up by 298.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kellogg Marsh are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 15 homes were sold in Kellogg Marsh; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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 14 Days Ago

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