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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Onalaska is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Onalaska, WA

How much do homes in Onalaska, WA cost?

Median Sold Price

$485,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$42,000(+9.5%)

Key Takeaway

Homes in Onalaska have sold for 9.5% more than they did a year ago.

Summary: The median home sold price in Onalaska was $485,000 in May 2024, up 9.5% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $525K$435K
-17.1%
2 $304.9K$360K
+18.1%
3 $415K$495K
+19.3%
4 $594.9K$543K
-8.7%
5+ --
N/A

Summary: Onalaska housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.1%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 19.3%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Onalaska
+9.5%
Logan Hill
+3.0%

Housing Supply in Onalaska, WA

How many homes are available in Onalaska, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
35350.0%

Summary: The Onalaska real estate market had 35 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 31
-66.7%
3 2224
+9.1%
4 66
0.0%
5+ 33
0.0%

Summary: The Onalaska 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 66.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Onalaska, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Onalaska in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Onalaska, WA

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

Average Sale Time

May 2023May 2024CHANGE
100 Days81 Days-19.3%

Summary: Homes in Onalaska had an average of 81 days on market in May 2024, down by 19.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Onalaska has remained consistent over time.

Summary: During May 2024, 6 homes were sold in Onalaska; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 Onalaska, WA

Nearby Markets to Onalaska, WA

What housing markets are near Onalaska, WA?