March 2024

Ritzville Housing Market Report Adams County, Washington

Report Updated 28 Days Ago

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

Housing Market Conditions

Neutral
Market

Seller's
Market

Buyer's
Market

Difference Since Last Month

Since last month, Ritzville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Ritzville, WA

How much do homes in Ritzville, WA cost?

Median Sold Price

$420,750

$128/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$80,750(+23.8%)

Key Takeaway

Homes in Ritzville have sold for 23.8% more than they did a month ago.

Summary: The median home sold price in Ritzville was $420,750 in March 2024, up 23.8% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	-	-	N/A
3 Bedrooms	$340K	$253.5K	-25.4%
4 Bedrooms	-	-	N/A
5+ Bedrooms	-	$588K	N/A

Summary: Ritzville housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 25.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ritzville, WA

How many homes are available in Ritzville, WA?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
25	30	+20.0%

Summary: The Ritzville real estate market had 30 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	1	1	0.0%
3 Bedrooms	18	20	+11.1%
4 Bedrooms	4	6	+50.0%
5+ Bedrooms	2	3	+50.0%

Summary: The Ritzville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024	Mar 2024	CHANGE
1	2	+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Key Takeaway

If you're buying a home in Ritzville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Ritzville in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Ritzville, WA

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

Average Sale Time

Feb 2024	Mar 2024	CHANGE
108 Days	121 Days	+12.0%

Summary: Homes in Ritzville had an average of 121 days on market in Mar 2024, up by 12% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Ritzville; 50% 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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Newest Listings in Ritzville, WA

What homes are available in Ritzville, WA?

See More Listings

$236,000

$2,803 Closing Credit

1,726 SqFt

404 W Main Ave, Ritzville WA, 99169

Troy Ryan

Listing Office:

eXp Realty

$295,000

$3,503 Closing Credit

1,800 SqFt

310 W 3rd Ave, Ritzville WA, 99169

Krista Etherton

Listing Office:

BHGRE Gary Mann Realty

$245,000

$2,909 Closing Credit

1,545 SqFt

314 W Main Ave, Ritzville WA, 99169

Emiley Rios

Listing Office:

eXp Realty, LLC

$349,999

$4,156 Closing Credit

1,258 SqFt

516 E Alder Ave, Ritzville WA, 99169

Troy Ryan

Listing Office:

eXp Realty

$479,900

$5,699 Closing Credit

1,746 SqFt

7002 N Madison Cir, Ridgefield WA, 98642

Russ Patterson

Listing Office:

West Realty Group, LLC

$249,999

$2,969 Closing Credit

1,170 SqFt

101 E Birch St, Ritzville WA, 99169

Troy Ryan

Listing Office:

eXp Realty

4 bedrooms, 1 partial bath house for sale

$650,000

$7,719 Closing Credit

5,111 SqFt

209 W 6th Ave, Ritzville WA, 99169

Teresa M Jaynes

Listing Office:

Windermere RE/City Group

$650,000

$7,719 Closing Credit

4,234 SqFt

209 W 6th Ave, Ritzville WA, 99169

Teresa Jaynes

Listing Office:

Windermere City Group

$275,000

$3,266 Closing Credit

1,885 SqFt

308 E 7th Ave, Ritzville WA, 99116

Keith Rupprecht

Listing Office:

HomeSmart

3D Tour

$169,000

$2,007 Closing Credit

1,460 SqFt

102 E Cherry Ave, Ritzville WA, 99169

Krista Etherton

Listing Office:

BHGRE Gary Mann Realty

$725,000

$8,609 Closing Credit

3,350 SqFt

1410 N Durry Ln, Ritzville WA, 99169

Rick J Sawyer

Listing Office:

Katz Realty, Inc.

$370,000

$4,394 Closing Credit

2,670 SqFt

316 E Alder Ave, Ritzville WA, 99169

Rick J Sawyer

Listing Office:

Katz Realty, Inc.

Nearby Markets to Ritzville, WA

MLS Disclaimers and Copyright

Based on information from Northwest Multiple Listing Service, Regional Multiple Listing Service, and Spokane Association of REALTORS® MLS for the period 02/01/2024 - 04/01/2024

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX 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.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:17:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Broker Reciprocity 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.