Is Kettle Falls, 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, Kettle Falls was a Buyer's Market.
Key Takeaway
Kettle Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kettle Falls, WA
How much do homes in Kettle Falls, WA cost?
Median Sold Price
$360,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Kettle Falls have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Kettle Falls was $360,000 in March 2024, up 5.9% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $289K | $250K | -13.5% |
| 2 Bedrooms | $290K | $320K | +10.3% |
| 3 Bedrooms | $427.5K | $427.4K | 0% |
| 4 Bedrooms | $329.9K | $399.9K | +21.2% |
| 5+ Bedrooms | $1.0M | $365K | -63.5% |
Summary: Kettle Falls housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.5%, 2 bedroom homes increased by 10.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 63.5%.
Median Sold Price Compared To Nearby Cities
| Kettle Falls | $289K | $360K | +24.6% |
| Kettle Falls | $339.9K | $360K | +5.9% |
Housing Supply in Kettle Falls, WA
How many homes are available in Kettle Falls, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Summary: The Kettle Falls real estate market had 20 homes for sale in March 2024, a 4.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kettle Falls housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kettle Falls, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Kettle Falls in March 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 10 Days | 125 Days | +1158.3% |
Summary: Homes in Kettle Falls had an average of 125 days on market in Mar 2024, up by 1158.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
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 March 2024, 6 homes were sold in Kettle Falls; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS 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.