Quad Cities
Today’s Real Estate Market in the Quad Cities Region
Q4–2024 Market Summary
2024 is now in the books and a slow market has continued through it. Multiple factors contributed to a continued softening market including high interest rates, limited inventory, and recession fears.
In Latah County, closed transactions were notably up 27.1% from this same last year, with new listings also up by 52.8% compared to Q4 2023. In this same time frame, the median sales price showed a slight increase by 4.9% to $425,000, with average sales price also decreasing by just 2.3% to $427,358.
The Whitman County market was once again showed a big increase in the amount of new listings in comparison to Q4 2023, with 179 properties listed in the quarter. This was an increase of 19.3% from last year, but a 1.1% decrease from last quarter. Home sale prices have shown a decreasing trend over the past year, loweing by 4.0%% from Q4 2023 to a median home sale price of $360,000.
The Nez Perce County market realized an equal amount closed sales, but and increase in new listings in relation to the previous year, with closed sales even at 0.0% with 91 properties sold in Q4 of 2024. The amount of new listings is up 15.9% from this same time last year. The median home sale price also slightly decreased by 0.6% to $355,000. The median days on market increased to 31 days, compared to 23 days in previous year.
The market west of the state line in Asotin County market saw a notable increase in closed sales, rising 48.7% from last year with 58 closed sales. There was also a strong increase in active listings, with 57 active listings at the time of this report, a 26.7% increase from last year.
Despite the varied performance across different regions, there are indications of increased activity continuing through 2024, accompanied by a surge in buyer inquiries. As we navigate into the new year we’ll continue to keep a close eye on interest rates along with inventory levels as the peak selling seasons end and we go into the 2025 market.
Jason Brown
Designated Broker / Regional Manager
Latah County
What’s in the Latah County Data?
In Quarter 4 2024, Latah County median home prices were up 4.9% compared to last year and up 1.8% compared to last quarter, selling for a median price of $425,000. There were 61 homes sold in Q4 2024 this year, up from 48 at this same time last year.
On median, homes in Latah County sell after 40 days on the market, down 24.5% from this same time last year. There were 55 new listings to go live last quarter and there are a total of 43 active listings at the time of this report.
Latah County
Closed Sales
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 01/02/2025. Year-over-year comparison for Q4 2024 and Q4 2023. Closed Sales By Price Range is the number and percentage of
Average and Median Sales Price
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Median Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. Average Sales Price is the sum of the sold dollar volume divided by the number of units sold.
Median Days on Market
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024.
days between when a property is listed and the contract date.
New Listings
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Sale-to-List Price Ratio is the average of sales price
by the final
Supply and Demand
As of 01/02/2025. Year-over-year comparison of Closed Sales and Active Inventory for Q4 2024 and Q4 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
$500,000+
Totals
Mortgage Rates
Whitman County
What’s in the Whitman County Data?
In Quarter 4 2024, Whitman County median home prices were down 4.0% compared to last year and down 8.3% compared to last quarter, selling for a median price of $360,000. There were 80 homes sold in Q4 2024 this year, down from 96 at this same time last year.
On median, homes in Whitman County sell after 59 days on the market, up 96.7% from this same time last year. There were 179 new listings to go live last quarter and there are a total of 82 active listings at the time of this report.
Whitman County
Closed Sales
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 01/02/2025. Year-over-year comparison for Q4 2024 and Q4 2023. Closed Sales By Price Range is the number and percentage of
Average and Median Sales Price
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Median Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. Average Sales Price is the sum of the sold dollar volume divided by the number of units sold.
Median Days on Market
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Days
between when a property is listed and the contract date.
New Listings
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Sale-to-List Price Ratio is the average of sales price divided by the final list
Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24
Supply and Demand
As of 01/02/2025. Year-over-year comparison of Closed Sales and Active Inventory for Q4 2024 and Q4 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
$500,000+
Nez Perce County
What’s in the Nez Perce County Data?
In Quarter 4 2024, Nez Perce County median home prices were down 0.6% compared to last year and down 6.3% compared to last quarter, selling for a median price of $355,000. There were 91 homes sold in Q4 2024 this year, even from 91 at this same time last year.
On median, homes in Nez Perce County sell after 31 days on the market, up 34.8% from this same time last year. There were 102 new listings to go live last quarter and there are a total of 87 active listings at the time of this report.
Nez Perce County
At a Glance
$355,000 91 31
Closed Sales
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 01/02/2025. Year-over-year comparison for Q4 2024 and Q4 2023. Closed Sales By Price Range is the number and
Average and Median Sales Price
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Median Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. Average Sales Price is the sum of the sold dollar volume divided by the number of units sold.
Median Days on Market
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Days
of days between when a property is listed and the contract date.
New Listings
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Sale-to-List Price Ratio is the
of sales price
Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24
Supply and Demand
As of 01/02/2025. Year-over-year comparison of Closed Sales and Active Inventory for Q4 2024 and Q4 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
$500,000+
Asotin County
What’s in the Asotin County Data?
In Quarter 4 2024, Asotin County median home prices were down 10.8% compared to last year and down 7.4% compared to last quarter, selling for a median price of $324,000. There were 58 homes sold in Q4 2024 this year, down from 39 at this same time last year.
On median, homes in Asotin County sell after 27 days on the market, down 57.1% from this same time last year. There were 66 new listings to go live last quarter and there are a total of 57 active listings at the time of this report.
Asotin County
At a Glance
$324,000
Closed Sales
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 01/02/2025. Year-over-year comparison for Q4 2024 and Q4 2023. Closed Sales By Price Range is the number and percentage of
sold in
Average and Median Sales Price
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Median Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. Average Sales Price is the sum of the sold dollar volume divided by the number of units sold.
Median Days on Market
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Days on Market is the median number of days between when a property is listed and the contract date. $175
New Listings
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 01/02/2025. By quarter dating from Q1 2019 to Q4 2024. Sale-to-List Price Ratio is the average of sales price divided by the final list price expressed as a percentage.
Supply and Demand
As of 01/02/2025. Year-over-year comparison of Closed Sales and Active Inventory for Q4 2024 and Q4 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
$500,000+
Totals