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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Onalaska is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Onalaska is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Onalaska, WA

How much do homes in Onalaska, WA cost?

Median Sold Price

$464,450

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$35,550(-7.1%)

Key Takeaway

Homes in Onalaska have sold for 7.1% less than they did a year ago.

Summary: The median home sold price in Onalaska was $464,450 in October 2024, down 7.1% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $562.5K$342.5K
-39.1%
2 $290K$295K
+1.7%
3 $450K$490K
+8.9%
4 $596.9K$560K
-6.2%
5+ --
N/A

Summary: Onalaska housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.1%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Logan Hill
+8.3%
Onalaska
-7.1%

Housing Supply in Onalaska, WA

How many homes are available in Onalaska, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
40400.0%

Summary: The Onalaska real estate market had 40 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 77
0.0%
3 2828
0.0%
4 44
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Onalaska in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Onalaska, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
93 Days32 Days-65.3%

Summary: Homes in Onalaska had an average of 32 days on market in Oct 2024, down by 65.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Onalaska; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 Onalaska, WA

Nearby Markets to Onalaska, WA

What housing markets are near Onalaska, WA?