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Relative to Washington, our data show that Walla Walla's latest annual appreciation rate is higher than 90% of the other cities and towns in Washington. To be fair, housing prices have been rising pretty consistently in Walla Walla County over the past decade, especially in the past four years. Since fourth quarter of 2017, median home prices in the county have risen over 80% whereas the state average has only increased by 58%. Zillow's metrics aim to inform and support the decision-making process with relevant market data by measuring monthly market changes across various geographies and housing types.
The proportion of homes and apartments in the city built within a certain time period. In the last 30 days, the median home sale price in Walla Walla County was $363,750, down 8.6% compared to the same period last year. The "median" price is the middle price - half of the homes here were sold for less, the other half for more. And not only is it becoming more expensive to borrow money, but most real estate investors and builders have said they don’t anticipate housing prices will drop significantly but will instead grow at a slower rate. Find out by comparing median home prices in Walla Walla over the past three years with our interactive graph, or get a weekly glance with the table view. View Walla Walla median home price data from the past 6 months, 1 year, or 3 years by using the toggle buttons in the top-right corner of the graph.
Nearby County Housing Markets
Flood risk in Walla Walla County is increasing slower than the national average. Flood risk in Walla Walla is increasing slower than the national average. Stacker believes in making the world’s data more accessible through storytelling. To that end, most Stacker stories are freely available to republish under a Creative Commons License, and we encourage you to share our stories with your audience. There are a few guidelines and restrictions, which you can review below.
Our data are built upon median house values in each neighborhood, and combine data from the United States Bureau of the Census with quarterly house resale data. The data reflect appreciation rates for the neighborhood overall, not necessarily each individual house in the neighborhood. Appreciation rates are so strong in Walla Walla that despite a nationwide downturn in the housing market, Walla Walla real estate has continued to appreciate in value faster than most communities. Based on the last twelve months, short-term real estate investors have found good fortune in Walla Walla. Walla Walla appreciation rates in the latest quarter were at 3.88%, which equates to an annual appreciation rate of 16.44%. Homes for sale in Walla Walla, WA have a median listing home price of $439,000.
Best counties to live in Washington
The city has a mixture of owners and renters, with 50.83% owning and 49.17% renting. Stacker distribution partners receive a license to all Stacker stories, as well as image rights, data visualizations, forward planning tools, and more. If your organization is interested in becoming a Stacker distribution partner, email us at.
The average homes sell for about 3% below list price and go pending in around 18 days. The average homes sell for about 3% below list price and go pending in around 32 days. The average homes sell for about 2% below list price and go pending in around 16 days. The average sale price of a home in Walla Walla was $406K last month, up 1.6% since last year.
Age of Homes
There were 115 homes for sale in Walla Walla County as of December 18, 2022. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more. The average sale price of a home in Walla Walla County was $409K last month, up 2.4% since last year. The average sale price per square foot in Walla Walla County is $250, up 21.0% since last year.
Get started by checking out the most popular home & the most saved home by Coldwell Banker homebuyers in the last 30 days. When you are ready to explore homes, read what Coldwell Banker agents have to say about Walla Walla and discover homes for sale in Walla Walla. The reduction in the monthly supply of housing is tracked in Walla Walla Trends indicator 5.1.4 Monthly Supply of Homes Listed by Price Level. The month's supply of housing by price range calculates approximately how many months it would take for the current inventory of homes for sale in Walla Walla County to be exhausted. In just the past year alone, the total monthly supply of homes for sale has dropped to under two months, less than half the state average of five months.
Recently sold homes
Access to affordable housing can be a boon to a local economy in its ability to attract and keep workers. To the contrary, higher housing prices can deter families from wanting to settle down in a local community. With a population of 34,060, 12,414 total housing units , and a median house value of $410,018, Walla Walla real estate prices are well above average cost compared to national prices.
Walla Walla Trends 5.1.1 Median Home Resale Value presents the quarterly median resale value of homes in the county, benchmarked against the state. The data come from the Washington Center for Real Estate Research and provide estimates for the counties as well as the state average. NeighborhoodScout reveals the home appreciation rates for every city, town, and even most neighborhoods in America. Single-family detached homes are the single most common housing type in Walla Walla, accounting for 65.05% of the city's housing units. Currently, there are 190 homes listed in Walla Walla which include 0 condos, 0 foreclosures.
Click on the risks below to learn which exist in Walla Walla County today and how they’ll change by 2050. Click on the risks below to learn which exist in Walla Walla today and how they’ll change by 2050. To verify enrollment eligibility for a property, contact the school directly.
This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac . Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates. Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms. Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level. Different neighborhoods within a city or town can have drastically different home appreciation rates.
Increases in home resale values leveled off towards the end of 2021, perhaps even if for a short respite. Although prices are not likely to fall, future increases might not be as steep as they have been in the last several years. ClimateCheck™ analyzes a property's risk from climate change using the latest modeling and data from climate scientists, universities, and federal agencies. Storm risk estimates how much climate change increases the chances of extreme precipitation, when a lot of rain or snow falls in a short time, including thunderstorms, snowstorms, and tropical cyclones. Heat risk estimates how much climate change might increase the typical number of hot days in a year and the likelihood of extreme heat and heatwaves. Percentages are based on the number of housing units for each type over the total number of units across all types.
Zillow Home Value Index , built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types. While the pandemic largely disrupted economic activity throughout communities, there was not a noticeable change in the trajectory of median home resale prices. In part, with as many people moved to working remotely, they chose to renovate existing homes, adding home offices and workspaces and making them less likely to sell. Additionally, slowed construction during the early parts of the pandemic further reduced supply, continuing to drive up prices of existing homes.
Drought risk is based on water stress, which estimates how much of the future water supply will be used for human purposes, like watering the lawn. In the last 30 days, the median number of days a home in Walla Walla County remained on the market was 18. In areas with a low DOM, homes are sold quickly and the competition is fierce; in areas with higher DOMs, you may have more options and more time to make an offer. Home sales in May were down 8.6% year over year, according to the National Association of Realtors. May also saw the median home price break $400,000 for the first time in history. As mortgage rates rise in concert with The Fed’s rate hikes this month, fears about the American housing market pricing out tens of millions of would-be homebuyers continue to fester.
The average sale price per square foot in Walla Walla is $231, up 4.5% since last year. The predominate size of homes in the city based on the number of bedrooms. Homes include single family houses as well as apartment and condominium units. It reveals the average monthly rent paid for market rate apartments and rental homes in the city, excluding public housing.
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