Is North Image, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Image is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, North Image was a Seller's Market.

Key Takeaway

North Image is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in North Image, WA

How much do homes in North Image, WA cost?

Median Sold Price

$435,750

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$3,750(+0.9%)

Key Takeaway

Homes in North Image have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in North Image was $435,750 in September 2024, up 0.9% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $212.9K$215K
+1.0%
2 $274.4K$239.9K
-12.6%
3 $454K$435K
-4.2%
4 $510K$479.9K
-5.9%
5+ -$722.4K
N/A

Summary: North Image housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1%, 2 bedroom homes decreased by 12.6%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes did not change.

Housing Supply in North Image, WA

How many homes are available in North Image, WA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2625-3.8%

Summary: The North Image real estate market had 25 homes for sale in September 2024, a 3.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 97
-22.2%
3 66
0.0%
4 67
+16.7%
5+ 33
0.0%

Summary: The North Image housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were 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 North Image, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in North Image in September 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for North Image, WA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
73 Days40 Days-44.6%

Summary: Homes in North Image had an average of 40 days on market in Sep 2024, down by 44.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Image has remained consistent over time.

Summary: During September 2024, 4 homes were sold in North Image; 25% of homes were sold within 30 days, 75% 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 21 Days Ago

Newest Listings in North Image, WA

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