Is Ferry County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Ferry County was a Neutral Market.
Key Takeaway
Ferry County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ferry County, WA
How much do homes in Ferry County, WA cost?
Median Sold Price
$325,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Ferry County have sold for 59.7% more than they did a year ago.
Summary: The median home sold price in Ferry County was $325,000 in March 2024, up 59.7% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $144K | $170K | +18.1% |
| 2 Bedrooms | $179.9K | $316.2K | +75.7% |
| 3 Bedrooms | $225.9K | $332K | +47.0% |
| 4 Bedrooms | $255K | $355K | +39.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Ferry County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.1%, 2 bedroom homes increased by 75.7%, 3 bedroom homes increased by 47%, 4 bedroom homes increased by 39.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Ferry County | $203.4K | $325K | +59.7% |
| Okanogan County | $340K | $365K | +7.4% |
| Stevens County | $358.6K | $362K | +0.9% |
| Lincoln County | $257.5K | $258K | 0.2% |
Housing Supply in Ferry County, WA
How many homes are available in Ferry County, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 26 | +18.2% |
Summary: The Ferry County real estate market had 26 homes for sale in March 2024, a 18.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ferry County 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ferry County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Ferry County in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ferry County, WA
How long does it take to sell a home in Ferry County, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 90 Days | 59 Days | -34.1% |
Summary: Homes in Ferry County had an average of 59 days on market in Mar 2024, down by 34.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ferry County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Ferry County; 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.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.