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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Okanogan County is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Okanogan County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Okanogan County, WA

How much do homes in Okanogan County, WA cost?

Median Sold Price

$360,666

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,166(+6.5%)

Key Takeaway

Homes in Okanogan County have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Okanogan County was $360,666 in April 2024, up 6.5% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $300K$275K
-8.3%
2 $255K$313.5K
+22.9%
3 $331.7K$367.5K
+10.8%
4 $415K$396.5K
-4.5%
5+ $555.5K$417.5K
-24.8%

Summary: Okanogan County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 24.8%.

Median Sold Price Compared To Nearby Counties

Okanogan County
+6.5%
Skagit County
+4.5%
Douglas County
+3.2%
Whatcom County
-0.1%
Chelan County
-2.0%

Housing Supply in Okanogan County, WA

How many homes are available in Okanogan County, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
180226+25.6%

Summary: The Okanogan County real estate market had 226 homes for sale in April 2024, a 25.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1213
+8.3%
2 4671
+54.3%
3 7996
+21.5%
4 3233
+3.1%
5+ 1113
+18.2%

Summary: The Okanogan County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 54.3%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2534+36.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Okanogan County, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Okanogan County in April 2024, up by 36.0% month-over-month. Of the 34 sold homes, 44% were sold under asking, 35% were sold at asking, and 21% were sold over asking.

Days on Market for Okanogan County, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
78 Days90 Days+15.1%

Summary: Homes in Okanogan County had an average of 90 days on market in Apr 2024, up by 15.1% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 34 homes were sold in Okanogan County; 62% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 32% 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 Okanogan County, WA

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