Is Okanogan County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Okanogan County was a Seller's Market.
Key Takeaway
Okanogan County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Okanogan County, WA
How much do homes in Okanogan County, WA cost?
Median Sold Price
$365,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Okanogan County have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Okanogan County was $365,000 in March 2024, up 7.4% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $295K | +5.4% |
| 2 Bedrooms | $258K | $317K | +22.9% |
| 3 Bedrooms | $336.5K | $360K | +7.0% |
| 4 Bedrooms | $397K | $410.7K | +3.5% |
| 5+ Bedrooms | $555.5K | $437K | -21.3% |
Summary: Okanogan County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 21.3%.
Median Sold Price Compared To Nearby Counties
| Okanogan County | $340K | $365K | +7.4% |
| Skagit County | $533.6K | $549.2K | +2.9% |
| Douglas County | $465K | $469.9K | +1.1% |
| Whatcom County | $576.6K | $571.9K | -0.8% |
| Chelan County | $554.5K | $539.9K | -2.6% |
Housing Supply in Okanogan County, WA
How many homes are available in Okanogan County, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 145 | 184 | +26.9% |
Summary: The Okanogan County real estate market had 184 homes for sale in March 2024, a 26.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 14 | +7.7% |
| 2 Bedrooms | 30 | 48 | +60.0% |
| 3 Bedrooms | 58 | 79 | +36.2% |
| 4 Bedrooms | 34 | 32 | -5.9% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Okanogan County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 36.2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Okanogan County, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Okanogan County in March 2024, up by 21.1% month-over-month. Of the 23 sold homes, 57% were sold under asking, 35% were sold at asking, and 9% were sold over asking.
Days on Market for Okanogan County, WA
How long does it take to sell a home in Okanogan County, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 82 Days | 96 Days | +16.8% |
Summary: Homes in Okanogan County had an average of 96 days on market in Mar 2024, up by 16.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Okanogan County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 23 homes were sold in Okanogan County; 39% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Spokane Association of REALTORS® MLS. All rights reserved.