Is Longview-Kelso, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Longview-Kelso is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Longview-Kelso has remained a Seller's Market.

Key Takeaway

Longview-Kelso is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Longview-Kelso, WA cost?

Median Sold Price

$348,205

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$33,205(+10.5%)

Key Takeaway

Homes in Longview-Kelso have sold for 10.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $180K$207K
+15.0%
2 $249K$274.9K
+10.4%
3 $325K$360K
+10.8%
4 $371.7K$413.9K
+11.4%
5+ $417K$491.5K
+17.9%

Median Sold Price Compared To Nearby Cities

Kelso
+11.7%
Longview
+11.3%
Longview-Kelso
+10.5%
Rainier
+9.7%
Rose Valley
-8.0%

How many homes are available in Longview-Kelso, WA?

Number of Homes For Sale

Aug 2022Sep 2022%
508476-6.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 47
+75.0%
2 108111
+2.8%
3 223215
-3.6%
4 135114
-15.6%
5+ 3829
-23.7%

Number of Homes Sold

Aug 2022Sep 2022%
146118-19.2%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

47 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Longview-Kelso, you could pay more than the asking price. 39.8% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
17 Days30 Days+76.4%

Breakdown of Home Sale Times

70 Homes Were Sold
Under 30 Days

43 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Longview-Kelso are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Longview-Kelso, WA

Longview-Kelso, WA has 476 homes on the market. The inventory of homes for sale in Longview-Kelso, WA between August 2022 and September 2022 decreased by 6.3%. In September 2022 median list price was $348,205 and the average listing age was 30 days. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 15%, prices of 2 bedrooms properties increased by 10.4%, 3 bedrooms properties prices increased by 10.8%, prices of 4 bedrooms properties increased by 11.4%, 5 bedrooms properties became 17.9% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes became 75% more available, 2 bedrooms homes inventory increased by 2.8%, volume of 3 bedrooms homes went down by 3.6%, number of 4 bedrooms homes decreased by 15.6%, 5 bedrooms homes inventory decreased by 23.7%. In September 2022 more than 47 listings in Longview-Kelso, WA were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 42 were sold below.

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