Market Intelligence Report — WA-830

Othello, WA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-WA-09
As of the latest 2026 data
Cooling

Median Listing

$359K
-0.8% YoY

Pending Ratio

0.30
-15.7% YoY

Active Inventory

53
-11.8% YoY

Median DOM

82 Days
-5.5% YoY

Primary Intelligence Tool — Sold Score™

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The market is Cooling, characterized by a pending ratio of 0.30, indicating a notable imbalance between supply and demand. The median listing price has observed a modest year-over-year decline of 0.8%, with a more pronounced month-over-month decrease of 4.2% in the most recent period.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Othello market right now.

Inventory levels show a contraction of 11.8% year-over-year in active listings, yet new listings remained flat over the same period. Despite this, the pending ratio experienced a significant year-over-year decline of 15.7%, suggesting weakening demand absorption relative to available supply. The median listing price has trended downwards both month-over-month and year-over-year, alongside a 7.0% year-over-year reduction in median price per square foot.

Historical Analysis

Market Trends

Median Price

$359K-4.2% MoM

Active Inventory

53-11.8% YoY

Days on Market

82-5.5% YoY

Sold Score™

37-15.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

37
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating leverage favors more deliberate transactions due to the prevailing inventory levels relative to demand, as evidenced by a 0.30 pending ratio. The extended median days on market, currently at 82, indicates a slower pace of sales. This environment necessitates price discipline from sellers to align with buyer expectations and absorption rates.

Luxury Segment

The average listing price has declined by 7.2% year-over-year, which is notably steeper than the 0.8% year-over-year decline in the median listing price. This divergence, coupled with a 7.0% year-over-year decrease in median $/sqft, suggests some softening in the higher-price tiers of the market.

Supply Dynamics

53 active listings represent the current floor, with new supply arriving at roughly 10 per month.

Pricing Pressure
16.7%

of active listings carry a price reduction, +4.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -7.0% year-over-year.

Absorption
0.30

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Othello, WA? Homes here are taking 5 days less to sell than last year.

Buyers have leverage in Othello, WA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
30%
Median Days on Market
82 days
Inventory YoY
−12%

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Metro Demographics

Metro Area
Othello, WA
CBSA Code
36830
State
WA

ZIPs in Othello, WA

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