Is Greater Bush Prairie, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greater Bush Prairie is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Greater Bush Prairie has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Greater Bush Prairie, WA

How much do homes in Greater Bush Prairie, WA cost?

Median Sold Price

$598,125

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,034(+2.8%)

Key Takeaway

Homes in Greater Bush Prairie have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Greater Bush Prairie was $598,125 in April 2024, up 2.8% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $615K$515K
-16.3%
3 $530K$546K
+3.0%
4 $615K$650K
+5.7%
5+ $740.9K$780K
+5.3%

Summary: Greater Bush Prairie housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 5.3%.

Housing Supply in Greater Bush Prairie, WA

How many homes are available in Greater Bush Prairie, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1341340.0%

Summary: The Greater Bush Prairie real estate market had 134 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 7170
-1.4%
4 4546
+2.2%
5+ 1817
-5.6%

Summary: The Greater Bush Prairie housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 5.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2928-3.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greater Bush Prairie, expect to pay close to the asking price. 60.7% of homes here sold near the asking price last month.

Summary: A total of 28 homes were sold or pending in Greater Bush Prairie in April 2024, down by 3.4% month-over-month. Of the 28 sold homes, 25% were sold under asking, 61% were sold at asking, and 14% were sold over asking.

Days on Market for Greater Bush Prairie, WA

How long does it take to sell a home in Greater Bush Prairie, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
16 Days67 Days+303.2%

Summary: Homes in Greater Bush Prairie had an average of 67 days on market in Apr 2024, up by 303.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greater Bush Prairie has remained consistent over time.

Summary: During April 2024, 28 homes were sold in Greater Bush Prairie; 39% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 18% 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 22 Days Ago

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