Cheney, WA Real Estate Market Summary – September 8, 2026
In Cheney, WA, the real estate market has seen 27 homes sold in the last 30 days, with an average sale price of $474,134 and a median sale price of $422,850. Properties have had an average of about 18 days on the market before being sold, reflecting a pace of 1 home sold approximately every 1.11 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 27 |
| Sold Per Day | 1 every 1.11 days |
| Average SQFT | 2002 |
| Median Sales Price | $422,850 |
| Average Sales Price | $474,134 |
| Average Price Per SQFT | $268 |
| Average Days on Market | 18 |
| Average Year Built | 1998 |
Cheney, WA Single Family Home Analysis
In the single-family segment, there were 24 homes sold, with an average sale price of $498,513 and a median price of $441,425. These homes had an average living area of around 2,138 square feet and spent an average of about 18 days on the market before a transaction occurred.
| Metric | 30 Days |
|---|---|
| Number Sold | 24 |
| Sold Per Day | 1 every 1.25 days |
| Average SQFT | 2138 |
| Median Sales Price | $441,425 |
| Average Sales Price | $498,513 |
| Average Price Per SQFT | $249 |
| Average Days on Market | 18 |
| Average Year Built | 1997 |
Cheney, WA Condo & Townhome Analysis
The condo and townhome segment had 2 units sold, both averaging $184,250. These properties had a consistent living area of 434 square feet and spent about 11 days on the market, indicating a more rapid turnover compared to single-family homes.
| Metric | 30 Days |
|---|---|
| Number Sold | 2 |
| Sold Per Day | 1 every 15.00 days |
| Average SQFT | 434 |
| Median Sales Price | $184,250 |
| Average Sales Price | $184,250 |
| Average Price Per SQFT | $500 |
| Average Days on Market | 11 |
| Average Year Built | 2013 |
Buyer & Seller Analysis
- 1 home sold approximately every 1.11 days
- Average days on market is around 18
- Median sale price for all homes is $422,850
- Condo and townhome segment shows a quicker turnover with average days on market of 11
Conclusion
The data for Cheney indicates a steady market activity with varied dynamics across the different housing segments. Understanding these specifics can help potential sellers and buyers navigate their options in the current landscape.