$5,461 Closing Credit*
$459,900
1,467 SqFt
3 Beds
•2 Full Baths
Adam Williams, Listing Office: Washington First Properties
Is West Minnehaha, 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, West Minnehaha was a Seller's Market.
Key Takeaway
West Minnehaha is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Minnehaha, WA
How much do homes in West Minnehaha, WA cost?
Median Sold Price
$500,000
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,530(-3.9%)
Key Takeaway
Homes in West Minnehaha have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in West Minnehaha was $500,000 in October 2024, down 3.9% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | - | N/A |
| 2 Bedrooms | $360K | $494K | +37.2% |
| 3 Bedrooms | $498.5K | $460.2K | -7.7% |
| 4 Bedrooms | $529.5K | $538K | +1.6% |
| 5+ Bedrooms | $622.5K | $572K | -8.1% |
Summary: West Minnehaha 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 37.2%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 8.1%.
Housing Supply in West Minnehaha, WA
How many homes are available in West Minnehaha, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The West Minnehaha real estate market had 18 homes for sale in October 2024, a 18.2% decrease 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The West Minnehaha 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 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Minnehaha, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in West Minnehaha in October 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for West Minnehaha, WA
How long does it take to sell a home in West Minnehaha, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 14 Days | -48.8% |
Summary: Homes in West Minnehaha had an average of 14 days on market in Oct 2024, down by 48.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Minnehaha are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in West Minnehaha; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
Listings courtesy of Northwest Multiple Listing Service 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.