Is Kettle Falls, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kettle Falls is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Kettle Falls was a Seller's Market.

Key Takeaway

Kettle Falls is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kettle Falls, WA

How much do homes in Kettle Falls, WA cost?

Median Sold Price

$355,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$66,000(+22.8%)

Key Takeaway

Homes in Kettle Falls have sold for 22.8% more than they did a year ago.

Summary: The median home sold price in Kettle Falls was $355,000 in February 2024, up 22.8% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $289K$250K
-13.5%
2 $170K$350K
+105.9%
3 $249K$399.9K
+60.6%
4 $325.4K$399.9K
+22.9%
5+ $295K$365K
+23.7%

Summary: Kettle Falls housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.5%, 2 bedroom homes increased by 105.9%, 3 bedroom homes increased by 60.6%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes increased by 23.7%.

Median Sold Price Compared To Nearby Cities

Kettle Falls
+22.8%
Kettle Falls
+8.4%

Housing Supply in Kettle Falls, WA

How many homes are available in Kettle Falls, WA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2223+4.5%

Summary: The Kettle Falls real estate market had 23 homes for sale in February 2024, a 4.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 76
-14.3%
3 911
+22.2%
4 12
+100.0%
5+ 32
-33.3%

Summary: The Kettle Falls housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kettle Falls, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Kettle Falls in February 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Kettle Falls, WA

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

Average Sale Time

Feb 2023Feb 2024CHANGE
74 Days172 Days+132.4%

Summary: Homes in Kettle Falls had an average of 172 days on market in Feb 2024, up by 132.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Kettle Falls are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 1 homes were sold in Kettle Falls; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Kettle Falls, WA

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