Is Walla Walla, 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, Walla Walla was a Seller's Market.
Housing Prices in Walla Walla, WA
How much do homes in Walla Walla, WA cost?
Median Sold Price
$428,568
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Walla Walla was $428,568 in March 2024, up 6.4% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $228.5K | $256K | +12.0% |
2 Bedrooms | $290K | $296.7K | +2.3% |
3 Bedrooms | $399K | $405K | +1.5% |
4 Bedrooms | $489K | $570K | +16.6% |
5+ Bedrooms | $518.5K | $635K | +22.5% |
Summary: Walla Walla housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 22.5%.
Median Sold Price Compared To Nearby Cities
Walla Walla | $402.6K | $428.5K | +6.4% |
College Place | $407.3K | $419K | +2.9% |
Walla Walla-College Place | $421.1K | $422.3K | 0.3% |
Housing Supply in Walla Walla, WA
How many homes are available in Walla Walla, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
136 | 169 | +24.3% |
Summary: The Walla Walla real estate market had 169 homes for sale in March 2024, a 24.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 17 | 24 | +41.2% |
3 Bedrooms | 65 | 80 | +23.1% |
4 Bedrooms | 33 | 42 | +27.3% |
5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The Walla Walla housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 41.2%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 23 | 0.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Walla Walla in March 2024, the same as the previous month. Of the 23 sold homes, 61% were sold under asking, 26% were sold at asking, and 13% were sold over asking.
Days on Market for Walla Walla, WA
How long does it take to sell a home in Walla Walla, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 65 Days | -4.7% |
Summary: Homes in Walla Walla had an average of 65 days on market in Mar 2024, down by 4.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Walla Walla; 48% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.