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 seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Kettle Falls has remained a Seller'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

$337,000

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$9,550(+2.9%)

Key Takeaway

Homes in Kettle Falls have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Kettle Falls was $337,000 in May 2024, up 2.9% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$250K
N/A
2 $260K$320K
+23.1%
3 $330K$360K
+9.1%
4 $325.4K$320.9K
-1.4%
5+ $1.0M$330K
-67.0%

Summary: Kettle Falls housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 67%.

Median Sold Price Compared To Nearby Cities

Kettle Falls
+14.2%
Kettle Falls
+2.9%

Housing Supply in Kettle Falls, WA

How many homes are available in Kettle Falls, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2026+30.0%

Summary: The Kettle Falls real estate market had 26 homes for sale in May 2024, a 30.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 24
+100.0%
3 911
+22.2%
4 57
+40.0%
5+ 22
0.0%

Summary: The Kettle Falls housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kettle Falls, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Kettle Falls in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% 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

May 2023May 2024CHANGE
118 Days37 Days-68.4%

Summary: Homes in Kettle Falls had an average of 37 days on market in May 2024, down by 68.4% compared to last year.

Breakdown of Home Sale Times

5 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

Many homes in Kettle Falls are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 6 homes were sold in Kettle Falls; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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 23 Days Ago

Newest Listings in Kettle Falls, WA

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