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Friday, November 15, 2024

North Bend home prices rose in the first half of 2022

Realestate1

The median sale price of a home sold in the first half of 2022 in North Bend rose by $348,500 while total sales increased by 142.9 percent, according to BlockShopper.com.

From January through June, there were 34 homes sold, with a median sale price of $1,143,500 - a 43.8 percent increase over the $795,000 median sale price for the same period of the previous year. There were 14 homes sold in North Bend in the first half of 2021.

The median sales tax in North Bend for the most recent year with available data, 2016, was $4,825, approximately 0.4 percent of the median home sale price for the first half of 2022.

The following table compares North Bend to other King County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Fall City (unincorporated)292045$1,265,000$912,50038.6
Lake Forest Park5966-10.6$1,250,000$865,00044.5
Fenton (unincorporated)610-40$1,240,000$1,697,500-27
Snoqualmie827115.5$1,215,000$895,00035.8
Bothell (unincorporated)694553.3$1,150,000$850,00035.3
North Bend3414142.9$1,143,500$795,00043.8
Black Diamond (unincorporated)104150$1,085,000$1,260,000-13.9
Normandy Park402842.9$1,037,500$917,50013.1
Kenmore886829.4$1,035,000$871,25018.8
Duvall4350-14$1,000,000$850,00017.6
Seattle2,4262,623-7.5$998,975$885,00012.9

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