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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pend Oreille County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Pend Oreille County was a Seller's Market.

Key Takeaway

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

Housing Prices in Pend Oreille County, WA

How much do homes in Pend Oreille County, WA cost?

Median Sold Price

$422,500

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,500(+0.8%)

Key Takeaway

Homes in Pend Oreille County have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Pend Oreille County was $422,500 in November 2024, up 0.8% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $142.4K$246K
+72.7%
2 $404K$400K
-1.0%
3 $435K$427.5K
-1.7%
4 $512.4K$474K
-7.5%
5+ $525K$480K
-8.6%

Summary: Pend Oreille County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.7%, 2 bedroom homes decreased by 1%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 8.6%.

Median Sold Price Compared To Nearby Counties

Stevens County
+8.2%
Spokane County
+3.2%
Pend Oreille County
+0.8%

Housing Supply in Pend Oreille County, WA

How many homes are available in Pend Oreille County, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8778-10.3%

Summary: The Pend Oreille County real estate market had 78 homes for sale in November 2024, a 10.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 88
0.0%
2 2717
-37.0%
3 2930
+3.4%
4 1616
0.0%
5+ 77
0.0%

Summary: The Pend Oreille 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 37%, 3 bedroom homes increased by 3.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
147-50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pend Oreille County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Pend Oreille County in November 2024, down by 50.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.

Days on Market for Pend Oreille County, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days97 Days+520.8%

Summary: Homes in Pend Oreille County had an average of 97 days on market in Nov 2024, up by 520.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pend Oreille County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 7 homes were sold in Pend Oreille County; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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 Pend Oreille County, WA

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