Is Tanner, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Tanner has remained a Neutral Market.
Key Takeaway
Tanner is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Tanner, WA
How much do homes in Tanner, WA cost?
Median Sold Price
$917,900
$478/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Tanner have sold for 15% less than they did a year ago.
Summary: The median home sold price in Tanner was $917,900 in April 2024, down 15% from last year, and the median price per square foot was $478.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $675K | - | N/A |
| 2 Bedrooms | $819.5K | $812K | -0.9% |
| 3 Bedrooms | $987.5K | $732.5K | -25.8% |
| 4 Bedrooms | $1.3M | $1.1M | -13.4% |
| 5+ Bedrooms | $1.4M | $1.4M | +6.6% |
Summary: Tanner housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 25.8%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes increased by 6.6%.
Housing Supply in Tanner, WA
How many homes are available in Tanner, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Summary: The Tanner real estate market had 13 homes for sale in April 2024, a 23.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 1 | -80.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Tanner housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 80%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 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 Tanner, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Tanner in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Tanner, WA
How long does it take to sell a home in Tanner, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 4 Days | -52.6% |
Summary: Homes in Tanner had an average of 4 days on market in Apr 2024, down by 52.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tanner are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Tanner; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service 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.