$120,000
0.13 Acres
Land
Rachel Moore, Listing Office: Professional Realty Services
Is Lidgerwood Park, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lidgerwood Park has remained a Seller's Market.
Key Takeaway
Lidgerwood Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lidgerwood Park, WA
How much do homes in Lidgerwood Park, WA cost?
Median Sold Price
$279,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,500(-1.2%)
Key Takeaway
Homes in Lidgerwood Park have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Lidgerwood Park was $279,000 in October 2024, down 1.2% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $226.5K | $181K | -20.1% |
| 2 Bedrooms | $245K | $249.9K | +2.0% |
| 3 Bedrooms | $290.5K | $288K | -0.9% |
| 4 Bedrooms | $318.7K | $309K | -3.0% |
| 5+ Bedrooms | $315K | $352.5K | +11.9% |
Summary: Lidgerwood Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.1%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 11.9%.
Housing Supply in Lidgerwood Park, WA
How many homes are available in Lidgerwood Park, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Summary: The Lidgerwood Park real estate market had 42 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lidgerwood Park 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 increased by 18.2%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 8 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lidgerwood Park, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Lidgerwood Park in October 2024, down by 50.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Lidgerwood Park, WA
How long does it take to sell a home in Lidgerwood Park, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 26 Days | -6.6% |
Summary: Homes in Lidgerwood Park had an average of 26 days on market in Oct 2024, down by 6.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lidgerwood Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Lidgerwood Park; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS 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 © 2024 Northwest MLS. All rights reserved.