Is Chelan County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chelan County is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Chelan County was a Seller's Market.

Key Takeaway

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

Housing Prices in Chelan County, WA

How much do homes in Chelan County, WA cost?

Median Sold Price

$540,580

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$10,935(-2.0%)

Key Takeaway

Homes in Chelan County have sold for 2% less than they did a year ago.

Summary: The median home sold price in Chelan County was $540,580 in April 2024, down 2% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $365K$352K
-3.6%
2 $440K$435K
-1.1%
3 $558.4K$540K
-3.3%
4 $706K$697.9K
-1.1%
5+ $685K$665K
-2.9%

Summary: Chelan County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Counties

Okanogan County
+6.5%
Douglas County
+3.2%
Snohomish County
-0.3%
Kittitas County
-0.6%
Chelan County
-2.0%

Housing Supply in Chelan County, WA

How many homes are available in Chelan County, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
279380+36.2%

Summary: The Chelan County real estate market had 380 homes for sale in April 2024, a 36.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2227
+22.7%
2 5275
+44.2%
3 134168
+25.4%
4 5186
+68.6%
5+ 2024
+20.0%

Summary: The Chelan County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.7%, 2 bedroom homes increased by 44.2%, 3 bedroom homes increased by 25.4%, 4 bedroom homes increased by 68.6%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
50500.0%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chelan County, you may be able to get a good deal. 46% of homes here sold below asking price last month.

Summary: A total of 50 homes were sold or pending in Chelan County in April 2024, the same as the previous month. Of the 50 sold homes, 46% were sold under asking, 32% were sold at asking, and 22% were sold over asking.

Days on Market for Chelan County, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
60 Days43 Days-27.6%

Summary: Homes in Chelan County had an average of 43 days on market in Apr 2024, down by 27.6% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 50 homes were sold in Chelan County; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 1 Day Ago

Newest Listings in Chelan County, WA

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