How much do homes in Otis Orchards, WA cost?

Median List Price

$460,000

Based on all homes listed in May 2021.

Difference Since Last Month

-$33,762(-6.8%)

Key Takeaway

The list price of homes in Otis Orchards has decreased by 6.8% since April.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSApr 2021May 2021%
1 --N/A
2 --N/A
3 $526.2K$460K-12.6%
4 $407.5K$445K+9.2%
5+ $599.9K$850K+41.7%

Median List Price Compared To Nearby Cities

Spokane Valley
+5.6%
Greenacres
+1.7%
Otis Orchards
-6.8%

How many homes are available in Otis Orchards, WA?

Number of Homes For Sale

Apr 2021May 2021%
1615-6.3%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 000.0%
2 000.0%
3 25+150.0%
4 108-20.0%
5+ 42-50.0%

Asking Price vs. Sold Price

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Average Listing Age

Apr 2021May 2021%
83 Days82 Days-1.7%

Breakdown of Home Sale Times

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About Otis Orchards, WA

Otis Orchards, WA has 15 homes on the market.

The median list price of listings available in May 2021 was $460,000, while the average time on the real estate market was 82 days.

This housing market listing prices have changed between May 2020 and May 2021: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 0%, the cost of 3 bedrooms properties went down by 12.6%, 4 bedrooms properties prices increased by 9.2%, 5 bedrooms properties became 41.7% more expensive.

Between April 2021 and May 2021, Otis Orchards, WA real estate market has seen decrease in the number of listings by 6.3%.

Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, number of 3 bedrooms homes increased by 150%, number of 4 bedrooms homes decreased by 20%, 5 bedrooms homes inventory decreased by 50%.

In May 2021, from all listings sold in Otis Orchards, WA there were more than 4 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price.

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