New - 23 hours on Rocket
$5,284 Closing Credit¹
Debra Rowe, Listing Office: Designed Real Estate
Greenacres Housing Market Report December 2024•Spokane County, Washington
Housing Prices in Greenacres, WA
How much do homes in Greenacres, WA cost?
Housing Market Conditions
Is Greenacres, WA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Greenacres is a Seller's Market
Difference Since December 2023
Since last year, Greenacres has remained a Seller's Market.
Insight
Greenacres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$499,990$267/SqFt
-$9,013
-1.8%
Based on all homes sold in the last 12 months
Insight
Homes in Greenacres have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Greenacres was $499,990 in December 2024, down 1.8% from last year, and the median price per square foot was $267.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Veradale | $495.8K | $525K | +5.9% |
| Liberty Lake | $525.1K | $550K | +4.7% |
| Spokane Valley | $414.9K | $424.7K | +2.3% |
| Greenacres | $509K | $499.9K | -1.8% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $480K | $185K | -61.5% |
| 22 Bedrooms | $363.5K | $369.6K | +1.7% |
| 33 Bedrooms | $435K | $449.9K | +3.4% |
| 44 Bedrooms | $569.5K | $587.4K | +3.1% |
| 55+ Bedrooms | $749K | $750K | 0.1% |
Summary: Greenacres housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -61.5%. The home price for 2 bedroom homes increased by +1.7%. The home price for 3 bedroom homes increased by +3.4%. The home price for 4 bedroom homes increased by +3.1%. The home price for 5 bedroom homes increased by 0.1%.
Housing supply in Greenacres, WA
How many homes are available in Greenacres, WA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 76Last MonthDec 2024 | ||
| 932 months agoNov 2024 | -18.3 % Change MoMNov – Dec |
Summary: The Greenacres real estate market had 76 homes for sale in Dec 2024, a 18.3 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthDec 2024 | ||
| 262 months agoNov 2024 | -38.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 5 | 4 | -20.0% |
| 33 Bedrooms | 34 | 27 | -20.6% |
| 44 Bedrooms | 30 | 23 | -23.3% |
| 55+ Bedrooms | 24 | 22 | -8.3% |
Summary: Greenacres housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes decreased by -20.6%. The inventory for 4 bedroom homes decreased by -23.3%. The inventory for 5 bedroom homes decreased by -8.3%.
Asking Price vs. Sold Price
How much do homes in Greenacres, WA cost?
Over Asking Price5 Homes
At Asking Price5 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in Greenacres, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Greenacres in December 2024, down by 38.5% month-over-month. Of the 15 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.
Days on Market for Greenacres, WA
How long does it take to sell a home in Greenacres, WA?
Breakdown of Home Sale Times
Under 30 Days8 Homes
30 – 90 Days4 Homes
Over 90 Days3 Homes
Insight
Many homes in Greenacres are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 16 homes were sold in Greenacres; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 41 DaysThis YearDec 2024 | ||
| 41 Days1 year agoDec 2023 | -0.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Greenacres had an average listing age of 41 days in Dec 2024, down by 0.3% compared to the previous year.
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Newest Listings in Greenacres, WA
What homes are available in Greenacres, WA?
New - 1 day on Rocket
$8,311 Closing Credit¹
Tyler Zyph, Listing Office: John L Scott, Spokane Valley
New - 4 days on Rocket
$4,036 Closing Credit¹
Noah Ullah, Listing Office: Realty One Group Eclipse
New - 4 days on Rocket
$5,877 Closing Credit¹
Gregg Patterson, Listing Office: Amplify Real Estate Services
New - 5 days on Rocket
$5,580 Closing Credit¹
Lisa Gunderson, Listing Office: Lakeside Brokers
New - 5 days on Rocket
Alexa Schuon, Listing Office: Keller Williams Spokane - Main
New - 5 days on Rocket
$5,047 Closing Credit¹
Brandon Marchand, Listing Office: Keller Williams Spokane - Main
New - 6 days on Rocket
$4,869 Closing Credit¹
Tye Scott, Listing Office: Avalon 24 Real Estate
Terri Harrod, Listing Office: M J McAdams Realty
$10,000 Closing Credit¹
Vladislav Moskalenko, Listing Office: Amplify Real Estate Services
$5,758 Closing Credit¹
Trevor Windhorst, Listing Office: Windermere Valley
$4,868 Closing Credit¹
Trevor Windhorst, Listing Office: Windermere Valley
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MLS Disclaimers and Copyright
Based on information from Spokane Association of REALTORS® MLS, for the period 01/01/2023 - 01/01/2025
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:10:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.