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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stevens is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Stevens has remained a Seller's Market.

Key Takeaway

Stevens is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Stevens, WA

How much do homes in Stevens, WA cost?

Median Sold Price

$1,289,656

$629/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$282,156(+28.0%)

Key Takeaway

Homes in Stevens have sold for 28% more than they did a year ago.

Summary: The median home sold price in Stevens was $1,289,656 in October 2024, up 28% from last year, and the median price per square foot was $629.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $375K$399K
+6.4%
2 $732K$645.5K
-11.8%
3 $1.0M$1.3M
+19.4%
4 $1.5M$1.5M
0.2%
5+ $2.9M$2.3M
-20.9%

Summary: Stevens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 20.9%.

Median Sold Price Compared To Nearby Neighborhoods

Stevens
+28.0%
Capitol Hill
+14.7%
East
+4.3%

Housing Supply in Stevens, WA

How many homes are available in Stevens, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4057+42.5%

Summary: The Stevens real estate market had 57 homes for sale in October 2024, a 42.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 911
+22.2%
2 719
+171.4%
3 1113
+18.2%
4 66
0.0%
5+ 78
+14.3%

Summary: The Stevens housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 171.4%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
711+57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stevens, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Stevens in October 2024, up by 57.1% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.

Days on Market for Stevens, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days47 Days+39.6%

Summary: Homes in Stevens had an average of 47 days on market in Oct 2024, up by 39.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Stevens; 82% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 18% 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 16 Days Ago

Newest Listings in Stevens, WA

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