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 1 Day Ago

Newest Listings in Big Bottom, WA

Nearby Markets to Big Bottom, WA

What housing markets are near Big Bottom, WA?