Is Pend Oreille County, 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, Pend Oreille County has remained a Seller's Market.
Key Takeaway
Pend Oreille County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pend Oreille County, WA
How much do homes in Pend Oreille County, WA cost?
Median Sold Price
$417,500
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pend Oreille County have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Pend Oreille County was $417,500 in April 2024, up 5.6% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $403.7K | $152.5K | -62.2% |
| 2 Bedrooms | $305K | $420K | +37.7% |
| 3 Bedrooms | $365K | $435K | +19.2% |
| 4 Bedrooms | $479.5K | $525K | +9.5% |
| 5+ Bedrooms | $519.9K | $491K | -5.6% |
Summary: Pend Oreille County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.2%, 2 bedroom homes increased by 37.7%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 5.6%.
Median Sold Price Compared To Nearby Counties
| Bonner County | $615K | $770K | +25.2% |
| Pend Oreille County | $395.4K | $417.5K | +5.6% |
| Stevens County | $360.3K | $361.5K | 0.3% |
| Spokane County | $423.8K | $420.7K | -0.7% |
Housing Supply in Pend Oreille County, WA
How many homes are available in Pend Oreille County, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 | 54 | +20.0% |
Summary: The Pend Oreille County real estate market had 54 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Pend Oreille County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pend Oreille County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Pend Oreille County in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Pend Oreille County, WA
How long does it take to sell a home in Pend Oreille County, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 30 Days | 45 Days | +52.3% |
Summary: Homes in Pend Oreille County had an average of 45 days on market in Apr 2024, up by 52.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pend Oreille County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Pend Oreille County; 70% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.