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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Napavine is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Napavine was a Buyer's Market.

Key Takeaway

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

Housing Prices in Napavine, WA

How much do homes in Napavine, WA cost?

Median Sold Price

$400,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$10,000(-2.4%)

Key Takeaway

Homes in Napavine have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Napavine was $400,000 in April 2024, down 2.4% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $190K$181.5K
-4.4%
3 $410.4K$399.9K
-2.5%
4 $410K$487.5K
+18.9%
5+ --
N/A

Summary: Napavine 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 decreased by 4.4%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Newaukum Prairie
+1.0%
Napavine
-2.4%

Housing Supply in Napavine, WA

How many homes are available in Napavine, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1113+18.2%

Summary: The Napavine real estate market had 13 homes for sale in April 2024, a 18.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 78
+14.3%
4 45
+25.0%
5+ 00
0.0%

Summary: The Napavine 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 increased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Napavine, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Napavine in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Napavine, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
9 Days12 Days+37.0%

Summary: Homes in Napavine had an average of 12 days on market in Apr 2024, up by 37% compared to last year.

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 Napavine are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Napavine; 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 13 Days Ago

Newest Listings in Napavine, WA

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