Is Rose Valley, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rose Valley is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Rose Valley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rose Valley, WA

How much do homes in Rose Valley, WA cost?

Median Sold Price

$550,000

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$72,100(+15.1%)

Key Takeaway

Homes in Rose Valley have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in Rose Valley was $550,000 in May 2024, up 15.1% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $167.5K$139K
-17.0%
2 $400K$535K
+33.8%
3 $480K$522K
+8.8%
4 $504K$560K
+11.1%
5+ $387.4K$750K
+93.6%

Summary: Rose Valley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17%, 2 bedroom homes increased by 33.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 93.6%.

Median Sold Price Compared To Nearby Cities

Rose Valley
+15.1%
Kelso
+13.4%
Longview-Kelso
+1.5%

Housing Supply in Rose Valley, WA

How many homes are available in Rose Valley, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2535+40.0%

Summary: The Rose Valley real estate market had 35 homes for sale in May 2024, a 40.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 1220
+66.7%
4 913
+44.4%
5+ 00
0.0%

Summary: The Rose Valley 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 50%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rose Valley, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Rose Valley in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Rose Valley, WA

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

Average Sale Time

May 2023May 2024CHANGE
75 Days72 Days-3.7%

Summary: Homes in Rose Valley had an average of 72 days on market in May 2024, down by 3.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 6 homes were sold in Rose Valley; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 Rose Valley, WA

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