Is Okanogan County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Okanogan County is a neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Okanogan County has remained a Neutral Market.

Key Takeaway

Okanogan County 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 Okanogan County, WA

How much do homes in Okanogan County, WA cost?

Median Sold Price

$355,671

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,954(-1.1%)

Key Takeaway

Homes in Okanogan County have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Okanogan County was $355,671 in November 2024, down 1.1% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $270K$285K
+5.6%
2 $289.9K$320K
+10.4%
3 $365K$362K
-0.8%
4 $406.5K$375K
-7.7%
5+ $489K$385K
-21.3%

Summary: Okanogan County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 21.3%.

Median Sold Price Compared To Nearby Counties

Douglas County
+8.7%
Chelan County
+8.6%
Whatcom County
+7.5%
Skagit County
+3.7%
Okanogan County
-1.1%

Housing Supply in Okanogan County, WA

How many homes are available in Okanogan County, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
227196-13.7%

Summary: The Okanogan County real estate market had 196 homes for sale in November 2024, a 13.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1919
0.0%
2 5954
-8.5%
3 10687
-17.9%
4 3025
-16.7%
5+ 1311
-15.4%

Summary: The Okanogan County 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 decreased by 8.5%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4331-27.9%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Okanogan County, you may be able to get a good deal. 71% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Okanogan County in November 2024, down by 27.9% month-over-month. Of the 31 sold homes, 71% were sold under asking, 13% were sold at asking, and 16% were sold over asking.

Days on Market for Okanogan County, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
75 Days77 Days+2.9%

Summary: Homes in Okanogan County had an average of 77 days on market in Nov 2024, up by 2.9% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 31 homes were sold in Okanogan County; 45% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 42% 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 20 Days Ago

Newest Listings in Okanogan County, WA

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