Is Algona, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Algona has remained a Seller's Market.
Housing Prices in Algona, WA
How much do homes in Algona, WA cost?
Median Sold Price
$442,200
$315/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Summary: The median home sold price in Algona was $442,200 in June 2024, down 13.7% from last month, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $512.3K | $431.2K | -15.8% |
4 Bedrooms | - | $701K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Algona housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Algona, WA
How many homes are available in Algona, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Summary: The Algona real estate market had 12 homes for sale in June 2024, a 9.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Algona housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Algona in June 2024, up by 200.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 17% were sold at asking, and 83% were sold over asking.
Days on Market for Algona, WA
How long does it take to sell a home in Algona, WA?
Average Sale Time
May 2024 | Jun 2024 | CHANGE |
---|---|---|
3 Days | 16 Days | +461.1% |
Summary: Homes in Algona had an average of 16 days on market in Jun 2024, up by 461.1% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 6 homes were sold in Algona; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.