$10,000 Closing Credit*
$1,650,000
4,799 SqFt
5 Beds
•4 Baths
Gayle Terry, Listing Office: Windermere Manito, LLC
Is Rockwood, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Rockwood was a Buyer's Market.
Key Takeaway
Rockwood 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 Rockwood, WA
How much do homes in Rockwood, WA cost?
Median Sold Price
$667,500
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,500(+2.7%)
Key Takeaway
Homes in Rockwood have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Rockwood was $667,500 in October 2024, up 2.7% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $416.2K | $612.5K | +47.1% |
| 3 Bedrooms | $579K | $557.5K | -3.7% |
| 4 Bedrooms | $775K | $717.5K | -7.4% |
| 5+ Bedrooms | $767.5K | $758.5K | -1.2% |
Summary: Rockwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.1%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 1.2%.
Housing Supply in Rockwood, WA
How many homes are available in Rockwood, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 30 | +36.4% |
Summary: The Rockwood real estate market had 30 homes for sale in October 2024, a 36.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 7 | +133.3% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Rockwood 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 increased by 100%, 3 bedroom homes increased by 133.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Rockwood, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Rockwood in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Rockwood, WA
How long does it take to sell a home in Rockwood, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 127 Days | 24 Days | -80.6% |
Summary: Homes in Rockwood had an average of 24 days on market in Oct 2024, down by 80.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Rockwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Rockwood; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS 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.