Is North Bend, WA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing North Bend is a seller's market


Difference Since August 2022

Since last year, North Bend has remained a Seller's Market.

Key Takeaway

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

Housing Prices

How much do homes in North Bend, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in North Bend have sold for 4.8% less than they did a year ago.

Summary: The median home sold price in North Bend was $1,067,975 in August 2023, down 4.8% from last year, and the median price per square foot was $445.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 -$675K
2 $473K$605K
3 $1.0M$850K
4 $1.1M$1.2M
5+ $1.3M$1.3M

Summary: North Bend housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.9%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 2.5%.

Median Sold Price Compared To Nearby Cities

North Bend
Snoqualmie Valley

Housing Supply

How many homes are available in North Bend, WA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The North Bend real estate market had 57 homes for sale in August 2023, a 14.0% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 00
2 25
3 2829
4 1420
5+ 63

Summary: The North Bend housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Bend, you could pay more than the asking price. 65% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in North Bend in August 2023, up by 17.6% month-over-month. Of the 20 sold homes, 15% were sold under asking, 20% were sold at asking, and 65% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
27 Days12 Days-54.1%

Summary: Homes in North Bend had an average of 12 days on market in Aug 2023, down by 54.1% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 20 homes were sold in North Bend; 85% of homes were sold within 30 days, 15% 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 25 Days Ago

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Nearby Markets

What housing markets are near North Bend, WA?