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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ethel is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Ethel, WA

How much do homes in Ethel, WA cost?

Median Sold Price

$415,000

$301/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$38,500(-8.5%)

Key Takeaway

Homes in Ethel have sold for 8.5% less than they did a year ago.

Summary: The median home sold price in Ethel was $415,000 in March 2024, down 8.5% from last year, and the median price per square foot was $301.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $170K-
N/A
2 $413.5K$309K
-25.3%
3 $450K$455K
+1.1%
4 $520K$1.4M
+173.3%
5+ -$567K
N/A

Summary: Ethel housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 25.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 173.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Onalaska
+10.2%
Ethel
-8.5%
Logan Hill
-10.3%

Housing Supply in Ethel, WA

How many homes are available in Ethel, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1017+70.0%

Summary: The Ethel real estate market had 17 homes for sale in March 2024, a 70.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 25
+150.0%
3 89
+12.5%
4 02
+100.0%
5+ 00
0.0%

Summary: The Ethel housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Ethel in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Ethel, WA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
108 Days110 Days+2.1%

Summary: Homes in Ethel had an average of 110 days on market in Mar 2024, up by 2.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 4 homes were sold in Ethel; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 18 Days Ago

Newest Listings in Ethel, WA

Nearby Markets to Ethel, WA

What housing markets are near Ethel, WA?