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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Naches is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Naches was a Neutral Market.

Key Takeaway

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

Housing Prices in Naches, WA

How much do homes in Naches, WA cost?

Median Sold Price

$405,000

$312/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$104,500(-20.5%)

Key Takeaway

Homes in Naches have sold for 20.5% less than they did a month ago.

Summary: The median home sold price in Naches was $405,000 in November 2024, down 20.5% from last month, and the median price per square foot was $312.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$450K
N/A
3 $509.5K-
N/A
4 -$360K
N/A
5+ --
N/A

Summary: Naches housing prices by bedroom type for November 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.

Median Sold Price Compared To Nearby Cities

Northwest Yakima
+42.1%
Naches
-20.5%

Housing Supply in Naches, WA

How many homes are available in Naches, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
78+14.3%

Summary: The Naches real estate market had 8 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 45
+25.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Naches housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Naches, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Naches in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Naches, WA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
104 Days13 Days-87.0%

Summary: Homes in Naches had an average of 13 days on market in Nov 2024, down by 87% compared to last month.

Breakdown of Home Sale Times

2 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 Naches are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Naches; 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 Naches, WA

Nearby Markets to Naches, WA