Is Okanogan, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Okanogan has remained a Seller's Market.
Housing Prices in Okanogan, WA
How much do homes in Okanogan, WA cost?
Median Sold Price
$230,750
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Okanogan was $230,750 in April 2024, down 12.8% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $165K | +17.9% |
2 Bedrooms | $174.2K | $201K | +15.3% |
3 Bedrooms | $325K | $259.9K | -20.0% |
4 Bedrooms | $295K | $380K | +28.8% |
5+ Bedrooms | $575K | $120K | -79.1% |
Summary: Okanogan housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 15.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 28.8%, and 5+ bedroom homes decreased by 79.1%.
Median Sold Price Compared To Nearby Cities
Omak | $249.9K | $318.7K | +27.5% |
Okanogan | $264.5K | $230.7K | -12.8% |
Housing Supply in Okanogan, WA
How many homes are available in Okanogan, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Summary: The Okanogan real estate market had 22 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Okanogan 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 increased by 40%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Okanogan in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Okanogan, WA
How long does it take to sell a home in Okanogan, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 53 Days | +32.5% |
Summary: Homes in Okanogan had an average of 53 days on market in Apr 2024, up by 32.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Okanogan; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.