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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waterville is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Waterville, WA

How much do homes in Waterville, WA cost?

Median Sold Price

$327,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,000(+10.8%)

Key Takeaway

Homes in Waterville have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Waterville was $327,000 in April 2024, up 10.8% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $289K-
N/A
2 $299.9K-
N/A
3 $292.5K$327K
+11.8%
4 $349.9K$472.5K
+35.0%
5+ $282.5K$285K
+0.9%

Summary: Waterville 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 did not change, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 0.9%.

Housing Supply in Waterville, WA

How many homes are available in Waterville, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87-12.5%

Summary: The Waterville real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 44
0.0%
4 22
0.0%
5+ 10
-100.0%

Summary: The Waterville 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waterville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Waterville in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Waterville, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days165 Days+685.7%

Summary: Homes in Waterville had an average of 165 days on market in Apr 2024, up by 685.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Waterville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in Waterville; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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 16 Days Ago

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