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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mica is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mica has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mica, WA

How much do homes in Mica, WA cost?

Median Sold Price

$545,000

$246/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$450,000(-45.2%)

Key Takeaway

Homes in Mica have sold for 45.2% less than they did a month ago.

Summary: The median home sold price in Mica was $545,000 in October 2024, down 45.2% from last month, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 -$545K
N/A
5+ $995K-
N/A

Summary: Mica housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mica, WA

How many homes are available in Mica, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
32-33.3%

Summary: The Mica real estate market had 2 homes for sale in October 2024, a 33.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The Mica 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mica, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Mica in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mica, WA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
24 Days23 Days-4.2%

Summary: Homes in Mica had an average of 23 days on market in Oct 2024, down by 4.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Mica are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Mica; 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 17 Days Ago

Newest Listings in Mica, WA

Nearby Markets to Mica, WA

What housing markets are near Mica, WA?