Is Big Bottom, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Big Bottom is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Big Bottom was a Seller's Market.

Key Takeaway

Big Bottom 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 Big Bottom, WA

How much do homes in Big Bottom, WA cost?

Median Sold Price

$430,000

$327/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,000(+1.2%)

Key Takeaway

Homes in Big Bottom have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Big Bottom was $430,000 in May 2024, up 1.2% from last year, and the median price per square foot was $327.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $275K$430K
+56.4%
2 $439K$413.2K
-5.9%
3 $425K$457.5K
+7.6%
4 $565K$436.9K
-22.7%
5+ --
N/A

Summary: Big Bottom housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.4%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Randle
+12.7%
Big Bottom
+1.2%
Packwood
-1.1%

Housing Supply in Big Bottom, WA

How many homes are available in Big Bottom, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4450+13.6%

Summary: The Big Bottom real estate market had 50 homes for sale in May 2024, a 13.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 13
+200.0%
2 2221
-4.5%
3 1923
+21.1%
4 11
0.0%
5+ 12
+100.0%

Summary: The Big Bottom housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Big Bottom, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Big Bottom in May 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Big Bottom, WA

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

Average Sale Time

May 2023May 2024CHANGE
24 Days65 Days+167.1%

Summary: Homes in Big Bottom had an average of 65 days on market in May 2024, up by 167.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 8 homes were sold in Big Bottom; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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 15 Days Ago

Newest Listings in Big Bottom, WA

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