Is Conway, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Conway was a Buyer's Market.
Housing Prices in Conway, WA
How much do homes in Conway, WA cost?
Median Sold Price
$994,950
$355/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Conway was $994,950 in April 2024, up 35.4% from last year, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $2.1M | $530K | -75.3% |
2 Bedrooms | $431.5K | $548.5K | +27.1% |
3 Bedrooms | $662.5K | $994.9K | +50.2% |
4 Bedrooms | $865K | $1.0M | +22.8% |
5+ Bedrooms | $2.3M | $1.0M | -54.0% |
Summary: Conway housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75.3%, 2 bedroom homes increased by 27.1%, 3 bedroom homes increased by 50.2%, 4 bedroom homes increased by 22.8%, and 5+ bedroom homes decreased by 54%.
Median Sold Price Compared To Nearby Cities
Conway | $734.9K | $994.9K | +35.4% |
Lake Cavanaugh | $719K | $799.9K | +11.3% |
Mount Vernon | $505K | $559.6K | +10.8% |
Housing Supply in Conway, WA
How many homes are available in Conway, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Summary: The Conway real estate market had 9 homes for sale in April 2024, a 28.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Conway housing inventory by bedroom type for April 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 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Conway in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Conway, WA
How long does it take to sell a home in Conway, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
119 Days | 57 Days | -51.7% |
Summary: Homes in Conway had an average of 57 days on market in Apr 2024, down by 51.7% compared to last year.
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
Summary: During April 2024, 2 homes were sold in Conway; 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.