Is Newaukum Prairie, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newaukum Prairie is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Newaukum Prairie has remained a Seller's Market.

Key Takeaway

Newaukum Prairie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Newaukum Prairie, WA

How much do homes in Newaukum Prairie, WA cost?

Median Sold Price

$431,140

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$61,860(-12.5%)

Key Takeaway

Homes in Newaukum Prairie have sold for 12.5% less than they did a year ago.

Summary: The median home sold price in Newaukum Prairie was $431,140 in October 2024, down 12.5% from last year, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$375K
N/A
3 $485K$460K
-5.2%
4 $530K$434K
-18.1%
5+ $631.2K-
N/A

Summary: Newaukum Prairie housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 18.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Logan Hill
+8.3%
Winlock-Pe Ell
+5.1%
Centralia-Chehalis
0.0%
Newaukum Prairie
-12.5%

Housing Supply in Newaukum Prairie, WA

How many homes are available in Newaukum Prairie, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
12120.0%

Summary: The Newaukum Prairie real estate market had 12 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 78
+14.3%
4 22
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newaukum Prairie, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Newaukum Prairie in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Newaukum Prairie, WA

How long does it take to sell a home in Newaukum Prairie, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days28 Days-56.3%

Summary: Homes in Newaukum Prairie had an average of 28 days on market in Oct 2024, down by 56.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Newaukum Prairie; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Newaukum Prairie, WA

Nearby Markets to Newaukum Prairie, WA

What housing markets are near Newaukum Prairie, WA?