Is Kelso, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Kelso has remained a Seller's Market.
Housing Prices in Kelso, WA
How much do homes in Kelso, WA cost?
Median Sold Price
$368,700
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kelso was $368,700 in May 2024, up 13.4% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $207K | $233.1K | +12.6% |
2 Bedrooms | $262K | $283.2K | +8.1% |
3 Bedrooms | $339.9K | $370K | +8.8% |
4 Bedrooms | $385K | $457.4K | +18.8% |
5+ Bedrooms | $399.9K | $470K | +17.5% |
Summary: Kelso housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.6%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 17.5%.
Median Sold Price Compared To Nearby Cities
Rose Valley | $477.9K | $550K | +15.1% |
Kelso | $325K | $368.7K | +13.4% |
Longview | $360.8K | $371.2K | +2.9% |
Longview-Kelso | $355K | $360.3K | +1.5% |
Housing Supply in Kelso, WA
How many homes are available in Kelso, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
148 | 153 | +3.4% |
Summary: The Kelso real estate market had 153 homes for sale in May 2024, a 3.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 28 | 29 | +3.6% |
3 Bedrooms | 70 | 75 | +7.1% |
4 Bedrooms | 40 | 38 | -5.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Kelso housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 34 | -17.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Kelso in May 2024, down by 17.1% month-over-month. Of the 34 sold homes, 53% were sold under asking, 12% were sold at asking, and 35% were sold over asking.
Days on Market for Kelso, WA
How long does it take to sell a home in Kelso, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 47 Days | +25.2% |
Summary: Homes in Kelso had an average of 47 days on market in May 2024, up by 25.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 34 homes were sold in Kelso; 56% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.