Is Snoqualmie Valley, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Snoqualmie Valley is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, Snoqualmie Valley has remained a Seller's Market.

Key Takeaway

Snoqualmie Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Snoqualmie Valley, WA cost?

Median Sold Price

$1,050,000

$474/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$162,709(+18.3%)

Key Takeaway

Homes in Snoqualmie Valley have sold for 18.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $320K$395.2K
+23.5%
2 $560K$625K
+11.6%
3 $787.9K$904.2K
+14.8%
4 $1.0M$1.2M
+22.9%
5+ $1.2M$1.3M
+13.7%

Median Sold Price Compared To Nearby Cities

North Bend
+24.5%
Snoqualmie Valley
+18.3%

How many homes are available in Snoqualmie Valley, WA?

Number of Homes For Sale

Dec 2022Jan 2023%
170173+1.8%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 21
-50.0%
2 1414
0.0%
3 7276
+5.6%
4 6159
-3.3%
5+ 2123
+9.5%

Number of Homes Sold

Dec 2022Jan 2023%
4229-31.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Snoqualmie Valley, you may be able to get a good deal. 62.1% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
14 Days48 Days+225.0%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Snoqualmie Valley has remained consistent over time.

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

About Snoqualmie Valley, WA

Homes for sale in Snoqualmie Valley, WA have reached 173. In January 2023 in Snoqualmie Valley, WA there were 1.8% more homes for sale than in December 2022. In January 2023 median list price was $1,050,000 and the average listing age was 48 days. From December 2022 through January 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 23.5%, 2 bedrooms properties prices increased by 11.6%, prices of 3 bedrooms properties increased by 14.8%, prices of 4 bedrooms properties increased by 22.9%, prices of 5 bedrooms properties increased by 13.7%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 50%, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went up by 5.6%, the quantity of 4 bedrooms homes went down by 3.3%, the quantity of 5 bedrooms homes went up by 9.5%. Snoqualmie Valley, WA housing market in January 2023 saw over 7 listings sold above listed price, more than 4 sold at listed price and over 18 sold below.

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