Is Pend Oreille 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, Pend Oreille County was a Seller's Market.
Key Takeaway
Pend Oreille County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pend Oreille County, WA
How much do homes in Pend Oreille County, WA cost?
Median Sold Price
$412,500
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Pend Oreille County have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Pend Oreille County was $412,500 in March 2024, up 2.9% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $372.5K | $154.9K | -58.4% |
| 2 Bedrooms | $305K | $417.5K | +36.9% |
| 3 Bedrooms | $417K | $435K | +4.3% |
| 4 Bedrooms | $462.5K | $550K | +18.9% |
| 5+ Bedrooms | $505.3K | $491K | -2.8% |
Summary: Pend Oreille County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.4%, 2 bedroom homes increased by 36.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Counties
| Pend Oreille County | $401K | $412.5K | +2.9% |
| Stevens County | $358.6K | $362K | +0.9% |
| Spokane County | $424.8K | $420.1K | -1.1% |
Housing Supply in Pend Oreille County, WA
How many homes are available in Pend Oreille County, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 49 | +22.5% |
Summary: The Pend Oreille County real estate market had 49 homes for sale in March 2024, a 22.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 5 | +150.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Pend Oreille County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pend Oreille County, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Pend Oreille County in March 2024, up by 100.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Pend Oreille County, WA
How long does it take to sell a home in Pend Oreille County, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 78 Days | 82 Days | +4.9% |
Summary: Homes in Pend Oreille County had an average of 82 days on market in Mar 2024, up by 4.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Pend Oreille County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 6 homes were sold in Pend Oreille County; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS 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.