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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Napavine is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Napavine, WA

How much do homes in Napavine, WA cost?

Median Sold Price

$405,000

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,001(+1.3%)

Key Takeaway

Homes in Napavine have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Napavine was $405,000 in November 2024, up 1.3% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$200K
N/A
2 $181.5K-
N/A
3 $375K$402.7K
+7.4%
4 $410K$499.9K
+21.9%
5+ --
N/A

Summary: Napavine housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes did not change.

Housing Supply in Napavine, WA

How many homes are available in Napavine, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
15150.0%

Summary: The Napavine real estate market had 15 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 129
-25.0%
4 35
+66.7%
5+ 00
0.0%

Summary: The Napavine housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Napavine, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Napavine in November 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Napavine, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days16 Days-75.5%

Summary: Homes in Napavine had an average of 16 days on market in Nov 2024, down by 75.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Napavine; 67% of homes were sold within 30 days, 33% 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 22 Days Ago

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