Is Aberdeen, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aberdeen is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Aberdeen has remained a Seller's Market.

Key Takeaway

Aberdeen is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Aberdeen, WA

How much do homes in Aberdeen, WA cost?

Median Sold Price

$281,500

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$24,000(+9.3%)

Key Takeaway

Homes in Aberdeen have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Aberdeen was $281,500 in May 2024, up 9.3% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $133K$170K
+27.8%
2 $205K$227.5K
+11.0%
3 $265.6K$292.5K
+10.1%
4 $270K$330K
+22.2%
5+ $353K$375K
+6.2%

Summary: Aberdeen housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.8%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Cities

Aberdeen
+9.3%
Aberdeen-Hoquiam
+1.9%

Housing Supply in Aberdeen, WA

How many homes are available in Aberdeen, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
7180+12.7%

Summary: The Aberdeen real estate market had 80 homes for sale in May 2024, a 12.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 1518
+20.0%
3 3438
+11.8%
4 1517
+13.3%
5+ 55
0.0%

Summary: The Aberdeen housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1018+80.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aberdeen, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Aberdeen in May 2024, up by 80.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.

Days on Market for Aberdeen, WA

How long does it take to sell a home in Aberdeen, WA?

Average Sale Time

May 2023May 2024CHANGE
43 Days91 Days+109.4%

Summary: Homes in Aberdeen had an average of 91 days on market in May 2024, up by 109.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Aberdeen has remained consistent over time.

Summary: During May 2024, 18 homes were sold in Aberdeen; 33% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Aberdeen, WA

Nearby Markets to Aberdeen, WA

What housing markets are near Aberdeen, WA?