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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kamilche is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Kamilche was a Neutral Market.

Key Takeaway

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

Housing Prices in Kamilche, WA

How much do homes in Kamilche, WA cost?

Median Sold Price

$375,000

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,000(+2.7%)

Key Takeaway

Homes in Kamilche have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Kamilche was $375,000 in May 2024, up 2.7% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $257.5K$160K
-37.9%
2 $318.5K$380K
+19.3%
3 $369.9K$375K
+1.4%
4 $588.2K-
N/A
5+ $1.2M$400K
-68.0%

Summary: Kamilche housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.9%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 68%.

Median Sold Price Compared To Nearby Cities

Kamilche
+2.7%
Olympia West
+1.5%
West Mason
0.4%

Housing Supply in Kamilche, WA

How many homes are available in Kamilche, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1715-11.8%

Summary: The Kamilche real estate market had 15 homes for sale in May 2024, a 11.8% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 78
+14.3%
4 10
-100.0%
5+ 10
-100.0%

Summary: The Kamilche housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kamilche, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Kamilche in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Kamilche, WA

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

Average Sale Time

May 2023May 2024CHANGE
4 Days19 Days+391.7%

Summary: Homes in Kamilche had an average of 19 days on market in May 2024, up by 391.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 3 homes were sold in Kamilche; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 Kamilche, WA

Nearby Markets to Kamilche, WA

What housing markets are near Kamilche, WA?