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 Last Month

Since last month, 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

$319,900

$163/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$22,550(-6.6%)

Key Takeaway

Homes in Waterville have sold for 6.6% less than they did a month ago.

Summary: The median home sold price in Waterville was $319,900 in May 2024, down 6.6% from last month, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$319.9K
N/A
3 $340K$357K
+5.0%
4 $1.0M-
N/A
5+ --
N/A

Summary: Waterville 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 5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Waterville, WA

How many homes are available in Waterville, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
810+25.0%

Summary: The Waterville real estate market had 10 homes for sale in May 2024, a 25.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 55
0.0%
4 22
0.0%
5+ 01
+100.0%

Summary: The Waterville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Waterville in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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 2024May 2024CHANGE
165 Days17 Days-89.7%

Summary: Homes in Waterville had an average of 17 days on market in May 2024, down by 89.7% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Waterville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Waterville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Waterville, WA

Nearby Markets to Waterville, WA