Is Conway, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Conway was a Seller's Market.
Housing Prices in Conway, WA
How much do homes in Conway, WA cost?
Median Sold Price
$994,950
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Conway was $994,950 in June 2024, up 29.2% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $2.1M | $530K | -75.3% |
2 Bedrooms | $431.5K | $590K | +36.7% |
3 Bedrooms | $739.9K | $1.0M | +35.8% |
4 Bedrooms | $1.2M | $995K | -17.8% |
5+ Bedrooms | $2.3M | $1.0M | -54.0% |
Summary: Conway housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.3%, 2 bedroom homes increased by 36.7%, 3 bedroom homes increased by 35.8%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes decreased by 54%.
Median Sold Price Compared To Nearby Cities
Conway | $770K | $994.9K | +29.2% |
Mount Vernon | $514.5K | $561.5K | +9.1% |
Lake Cavanaugh | $733.1K | $775K | +5.7% |
Housing Supply in Conway, WA
How many homes are available in Conway, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Summary: The Conway real estate market had 12 homes for sale in June 2024, a 33.3% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Conway 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 increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Conway in June 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Conway, WA
How long does it take to sell a home in Conway, WA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
17 Days | 9 Days | -47.1% |
Summary: Homes in Conway had an average of 9 days on market in Jun 2024, down by 47.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 2 homes were sold in Conway; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.