Is Kelso, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Kelso has remained a Seller's Market.
Key Takeaway
Kelso is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kelso, WA
How much do homes in Kelso, WA cost?
Median Sold Price
$365,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Kelso have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in Kelso was $365,000 in March 2024, up 14.4% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217K | $275K | +26.7% |
| 2 Bedrooms | $265K | $285K | +7.5% |
| 3 Bedrooms | $329K | $367K | +11.6% |
| 4 Bedrooms | $360K | $450K | +25.0% |
| 5+ Bedrooms | $479.9K | $385K | -19.8% |
Summary: Kelso housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 19.8%.
Median Sold Price Compared To Nearby Cities
| Rose Valley | $476.4K | $550K | +15.4% |
| Kelso | $319K | $365K | +14.4% |
| Longview | $356.9K | $370.4K | +3.8% |
| Longview-Kelso | $355K | $360K | +1.4% |
Housing Supply in Kelso, WA
How many homes are available in Kelso, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 176 | 182 | +3.4% |
Summary: The Kelso real estate market had 182 homes for sale in March 2024, a 3.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 5 | +150.0% |
| 2 Bedrooms | 28 | 36 | +28.6% |
| 3 Bedrooms | 96 | 88 | -8.3% |
| 4 Bedrooms | 44 | 48 | +9.1% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Kelso housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 41 | +24.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kelso, you could pay more than the asking price. 51.2% of homes here sold above asking price last month.
Summary: A total of 41 homes were sold or pending in Kelso in March 2024, up by 24.2% month-over-month. Of the 41 sold homes, 20% were sold under asking, 29% were sold at asking, and 51% were sold over asking.
Days on Market for Kelso, WA
How long does it take to sell a home in Kelso, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 46 Days | 39 Days | -13.5% |
Summary: Homes in Kelso had an average of 39 days on market in Mar 2024, down by 13.5% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kelso are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 41 homes were sold in Kelso; 63% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon. 
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.