Is Northeast Cowlitz, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Northeast Cowlitz was a Neutral Market.
Housing Prices in Northeast Cowlitz, WA
How much do homes in Northeast Cowlitz, WA cost?
Median Sold Price
$450,000
$284/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Northeast Cowlitz was $450,000 in May 2024, up 41.1% from last month, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $319K | $450K | +41.1% |
4 Bedrooms | - | $444K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Northeast Cowlitz housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 41.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Northeast Cowlitz | $319K | $450K | +41.1% |
Silverlake | $319K | $450K | +41.1% |
Toutle | $375K | $444K | +18.4% |
Housing Supply in Northeast Cowlitz, WA
How many homes are available in Northeast Cowlitz, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Summary: The Northeast Cowlitz real estate market had 17 homes for sale in May 2024, a 6.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 11 | 9 | -18.2% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Northeast Cowlitz housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Northeast Cowlitz in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Northeast Cowlitz, WA
How long does it take to sell a home in Northeast Cowlitz, WA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 Days | 150 Days | +313.8% |
Summary: Homes in Northeast Cowlitz had an average of 150 days on market in May 2024, up by 313.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Northeast Cowlitz; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.