Is Ethel, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ethel is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Ethel has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Ethel, WA

How much do homes in Ethel, WA cost?

Median Sold Price

$452,000

$302/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$5,000(-1.1%)

Key Takeaway

Homes in Ethel have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in Ethel was $452,000 in April 2024, down 1.1% from last year, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $170K-
N/A
2 $413.5K$320K
-22.6%
3 $450K$455.8K
+1.3%
4 $520K$1.4M
+173.3%
5+ -$567K
N/A

Summary: Ethel 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 22.6%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 173.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Onalaska
+13.3%
Ethel
-1.1%
Logan Hill
-5.8%

Housing Supply in Ethel, WA

How many homes are available in Ethel, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1721+23.5%

Summary: The Ethel real estate market had 21 homes for sale in April 2024, a 23.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 55
0.0%
3 87
-12.5%
4 38
+166.7%
5+ 00
0.0%

Summary: The Ethel 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 decreased by 12.5%, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ethel, 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 Ethel in April 2024, down by 50.0% 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 Ethel, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
69 Days6 Days-91.3%

Summary: Homes in Ethel had an average of 6 days on market in Apr 2024, down by 91.3% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Ethel; 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.

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

Report Updated 15 Days Ago

Newest Listings in Ethel, WA

Nearby Markets to Ethel, WA

What housing markets are near Ethel, WA?