Is North Bend, 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, North Bend has remained a Seller's Market.
Housing Prices in North Bend, WA
How much do homes in North Bend, WA cost?
Median Sold Price
$885,107
$456/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Bend was $885,107 in April 2024, down 21.7% from last year, and the median price per square foot was $456.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $675K | $438K | -35.1% |
2 Bedrooms | $605K | $664.2K | +9.8% |
3 Bedrooms | $899K | $805K | -10.5% |
4 Bedrooms | $1.2M | $1.3M | +9.1% |
5+ Bedrooms | $1.3M | $1.3M | +5.0% |
Summary: North Bend housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.1%, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
Snoqualmie | $1.1M | $1.0M | -3.2% |
Snoqualmie Valley | $984.6K | $949.6K | -3.5% |
North Bend | $1.1M | $885.1K | -21.7% |
Housing Supply in North Bend, WA
How many homes are available in North Bend, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 52 | +13.0% |
Summary: The North Bend real estate market had 52 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 1 | -83.3% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 21 | 18 | -14.3% |
4 Bedrooms | 7 | 16 | +128.6% |
5+ Bedrooms | 3 | 8 | +166.7% |
Summary: The North Bend housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 83.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 128.6%, and 5+ bedroom homes increased by 166.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in North Bend in April 2024, down by 6.3% month-over-month. Of the 15 sold homes, 13% were sold under asking, 7% were sold at asking, and 80% were sold over asking.
Days on Market for North Bend, WA
How long does it take to sell a home in North Bend, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 6 Days | -87.6% |
Summary: Homes in North Bend had an average of 6 days on market in Apr 2024, down by 87.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in North Bend; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.