Cheney, WA

Balanced market+4.5% YoY

Housing market overview · Updated weekly

$349,950median sale price

Homes sold

11

Last 12 weeks

Days on market

57

Average pace

Active listings

38

3.5 months supply

Sale-to-list

100.1%

Above asking

The Cheney housing market is currently classified as a balanced market with a median sale price of $349,950. Prices have risen 4.5% compared to last year, with homes spending an average of 57 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Cheney

There are currently 38 homes listed for sale in Cheney, Washington. The median listing price is $422K.

Active listings

38

Homes on market

Median list price

$422K

Avg. days on market

57

Days until sale

New this week

19

Newly listed

Price drops:23.7%of listings
Sale-to-list:100.1%

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Frequently asked questions

What is the average home price in Cheney?

The median home sale price in Cheney is $349,950, up 4.5% from last year.

How long do homes stay on market in Cheney?

Homes typically spend 57 days on market before going under contract.

Is Cheney a buyer's or seller's market?

With 3.5 months of supply, Cheney is currently a balanced market.

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