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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walla Walla is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Walla Walla, WA

How much do homes in Walla Walla, WA cost?

Median Sold Price

$425,496

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$496(+0.1%)

Key Takeaway

The sold price of homes in Walla Walla has remained the same since last year.

Summary: The median home sold price in Walla Walla was $425,496 in December 2024, up 0.1% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $686K$210K
-69.4%
2 $294.2K$295K
0.3%
3 $406.2K$422.2K
+3.9%
4 $515K$543.5K
+5.5%
5+ $600K$668.5K
+11.4%

Summary: Walla Walla housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.4%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 11.4%.

Median Sold Price Compared To Nearby Cities

Walla Walla-College Place
+0.8%
Walla Walla
0.1%
College Place
-2.0%

Housing Supply in Walla Walla, WA

How many homes are available in Walla Walla, WA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
167158-5.4%

Summary: The Walla Walla real estate market had 158 homes for sale in December 2024, a 5.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 32
-33.3%
2 1918
-5.3%
3 8879
-10.2%
4 3737
0.0%
5+ 2022
+10.0%

Summary: The Walla Walla housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3830-21.1%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer47%27%27%

Key Takeaway

If you're buying a home in Walla Walla, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Walla Walla in December 2024, down by 21.1% month-over-month. Of the 30 sold homes, 47% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for Walla Walla, WA

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

Average Sale Time

Dec 2023Dec 2024CHANGE
48 Days57 Days+18.8%

Summary: Homes in Walla Walla had an average of 57 days on market in Dec 2024, up by 18.8% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times53%23%23%

Key Takeaway

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

Summary: During December 2024, 30 homes were sold in Walla Walla; 53% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% 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 8 Days Ago

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