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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kelso is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Kelso has remained a Seller's Market.

Key Takeaway

Kelso is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kelso, WA

How much do homes in Kelso, WA cost?

Median Sold Price

$365,000

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$40,050(+12.3%)

Key Takeaway

Homes in Kelso have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in Kelso was $365,000 in April 2024, up 12.3% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $217K$214.9K
-0.9%
2 $259.9K$285K
+9.6%
3 $342.4K$369K
+7.8%
4 $375.1K$450K
+20.0%
5+ $479.9K$385K
-19.8%

Summary: Kelso housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 19.8%.

Median Sold Price Compared To Nearby Cities

Rose Valley
+14.0%
Kelso
+12.3%
Longview
+3.3%
Longview-Kelso
+1.4%

Housing Supply in Kelso, WA

How many homes are available in Kelso, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
156143-8.3%

Summary: The Kelso real estate market had 143 homes for sale in April 2024, a 8.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 55
0.0%
2 3226
-18.8%
3 7368
-6.8%
4 4040
0.0%
5+ 64
-33.3%

Summary: The Kelso 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 decreased by 18.8%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4341-4.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kelso, you could pay more than the asking price. 41.5% of homes here sold above asking price last month.

Summary: A total of 41 homes were sold or pending in Kelso in April 2024, down by 4.7% month-over-month. Of the 41 sold homes, 24% were sold under asking, 34% were sold at asking, and 41% were sold over asking.

Days on Market for Kelso, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
43 Days56 Days+32.4%

Summary: Homes in Kelso had an average of 56 days on market in Apr 2024, up by 32.4% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 41 homes were sold in Kelso; 56% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 24% 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 Kelso, WA

Nearby Markets to Kelso, WA

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