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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Onalaska is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Onalaska was a Seller's Market.

Key Takeaway

Onalaska is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Onalaska, WA

How much do homes in Onalaska, WA cost?

Median Sold Price

$485,000

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$45,000(+10.2%)

Key Takeaway

Homes in Onalaska have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Onalaska was $485,000 in March 2024, up 10.2% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$562.5K
N/A
2 $304.9K$325K
+6.6%
3 $415K$467K
+12.5%
4 $594.9K$571K
-4.0%
5+ --
N/A

Summary: Onalaska housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Onalaska
+10.2%
Logan Hill
-10.3%

Housing Supply in Onalaska, WA

How many homes are available in Onalaska, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2232+45.5%

Summary: The Onalaska real estate market had 32 homes for sale in March 2024, a 45.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 54
-20.0%
3 1521
+40.0%
4 23
+50.0%
5+ 03
+100.0%

Summary: The Onalaska housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Onalaska, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Onalaska in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Onalaska, WA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
54 Days83 Days+54.3%

Summary: Homes in Onalaska had an average of 83 days on market in Mar 2024, up by 54.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Onalaska; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in Onalaska, WA

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