$938 Closing Credit*
$79,000
952 SqFt
2 Beds
•1 Bath
Rick Gildersleeve, Listing Office: eXp Realty
Is North Bend, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North Bend has remained a Seller's Market.
Key Takeaway
North Bend is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Bend, WA
How much do homes in North Bend, WA cost?
Median Sold Price
$879,450
$496/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$72,975(-7.7%)
Key Takeaway
Homes in North Bend have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in North Bend was $879,450 in November 2024, down 7.7% from last year, and the median price per square foot was $496.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $687.4K | $423.8K | -38.4% |
| 2 Bedrooms | $600K | $555.1K | -7.5% |
| 3 Bedrooms | $835K | $807.5K | -3.3% |
| 4 Bedrooms | $1.2M | $1.3M | +2.3% |
| 5+ Bedrooms | $1.3M | $1.4M | +5.6% |
Summary: North Bend housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.4%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Snoqualmie | $1.0M | $1.1M | +10.5% |
| Snoqualmie Valley | $925.7K | $973.5K | +5.2% |
| North Bend | $952.4K | $879.4K | -7.7% |
Housing Supply in North Bend, WA
How many homes are available in North Bend, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 51 | -12.1% |
Summary: The North Bend real estate market had 51 homes for sale in November 2024, a 12.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 5 | 10 | +100.0% |
| 3 Bedrooms | 25 | 17 | -32.0% |
| 4 Bedrooms | 20 | 17 | -15.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The North Bend 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 increased by 100%, 3 bedroom homes decreased by 32%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Bend, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in North Bend in November 2024, down by 6.3% month-over-month. Of the 15 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for North Bend, WA
How long does it take to sell a home in North Bend, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 33 Days | +45.0% |
Summary: Homes in North Bend had an average of 33 days on market in Nov 2024, up by 45% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Bend are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in North Bend; 73% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service 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.