Is Kelso, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kelso is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Kelso, WA

How much do homes in Kelso, WA cost?

Median Sold Price

$371,260

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,760(+5.6%)

Key Takeaway

Homes in Kelso have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Kelso was $371,260 in October 2024, up 5.6% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $300K$230.3K
-23.2%
2 $269.9K$282.5K
+4.7%
3 $361K$375K
+3.9%
4 $449.9K$459.9K
+2.2%
5+ $405K$437.5K
+8.0%

Summary: Kelso housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.2%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Cities

Kelso
+5.6%
Rose Valley
+2.9%
Longview-Kelso
+2.0%
Longview
+1.8%

Housing Supply in Kelso, WA

How many homes are available in Kelso, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
171167-2.3%

Summary: The Kelso real estate market had 167 homes for sale in October 2024, a 2.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 3125
-19.4%
3 9792
-5.2%
4 3639
+8.3%
5+ 36
+100.0%

Summary: The Kelso housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 19.4%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3331-6.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kelso, you could pay more than the asking price. 41.9% of homes here sold above asking price last month.

Summary: A total of 31 homes were sold or pending in Kelso in October 2024, down by 6.1% month-over-month. Of the 31 sold homes, 32% were sold under asking, 26% were sold at asking, and 42% were sold over asking.

Days on Market for Kelso, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days53 Days+170.7%

Summary: Homes in Kelso had an average of 53 days on market in Oct 2024, up by 170.7% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 31 homes were sold in Kelso; 42% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 19% 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 16 Days Ago

Newest Listings in Kelso, WA

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