Is Nordland, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nordland is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Nordland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Nordland, WA

How much do homes in Nordland, WA cost?

Median Sold Price

$1,800,000

$716/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$721,000(+66.8%)

Key Takeaway

Homes in Nordland have sold for 66.8% more than they did a month ago.

Summary: The median home sold price in Nordland was $1,800,000 in May 2024, up 66.8% from last month, and the median price per square foot was $716.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $1.0M$1.8M
+66.8%
2 --
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Nordland housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 66.8%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nordland, WA

How many homes are available in Nordland, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
54-20.0%

Summary: The Nordland real estate market had 4 homes for sale in May 2024, a 20.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 21
-50.0%
2 00
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Nordland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Nordland, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Nordland in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Nordland, WA

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

Average Sale Time

Apr 2024May 2024CHANGE
231 Days24 Days-89.6%

Summary: Homes in Nordland had an average of 24 days on market in May 2024, down by 89.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Nordland; 100% of homes were sold within 30 days, 0% 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 16 Days Ago

Newest Listings in Nordland, WA

Nearby Markets to Nordland, WA

What housing markets are near Nordland, WA?