Is Walla Walla, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Walla Walla has remained a Seller's Market.
Housing Prices in Walla Walla, WA
How much do homes in Walla Walla, WA cost?
Median Sold Price
$423,784
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Walla Walla was $423,784 in May 2024, up 6.2% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $250K | +11.1% |
2 Bedrooms | $285K | $294.2K | +3.2% |
3 Bedrooms | $388K | $407.5K | +5.0% |
4 Bedrooms | $490.7K | $570K | +16.1% |
5+ Bedrooms | $531.5K | $705K | +32.6% |
Summary: Walla Walla housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 32.6%.
Median Sold Price Compared To Nearby Cities
Walla Walla | $399K | $423.7K | +6.2% |
Walla Walla-College Place | $415K | $419.6K | +1.1% |
College Place | $403.5K | $400K | -0.9% |
Housing Supply in Walla Walla, WA
How many homes are available in Walla Walla, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
201 | 211 | +5.0% |
Summary: The Walla Walla real estate market had 211 homes for sale in May 2024, a 5.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 28 | 28 | 0.0% |
3 Bedrooms | 103 | 100 | -2.9% |
4 Bedrooms | 44 | 49 | +11.4% |
5+ Bedrooms | 25 | 31 | +24.0% |
Summary: The Walla Walla housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 24%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 | 42 | -10.6% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Walla Walla in May 2024, down by 10.6% month-over-month. Of the 42 sold homes, 60% were sold under asking, 26% were sold at asking, and 14% were sold over asking.
Days on Market for Walla Walla, WA
How long does it take to sell a home in Walla Walla, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 59 Days | +83.9% |
Summary: Homes in Walla Walla had an average of 59 days on market in May 2024, up by 83.9% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During May 2024, 42 homes were sold in Walla Walla; 52% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.