Is Lyman-Hamilton, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Lyman-Hamilton was a Seller's Market.
Key Takeaway
Lyman-Hamilton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lyman-Hamilton, WA
How much do homes in Lyman-Hamilton, WA cost?
Median Sold Price
$600,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Lyman-Hamilton have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Lyman-Hamilton was $600,000 in May 2024, up 13.2% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $309.5K | N/A |
| 2 Bedrooms | $358K | $355K | -0.8% |
| 3 Bedrooms | $557.5K | $607.5K | +9.0% |
| 4 Bedrooms | $692.5K | $647.9K | -6.4% |
| 5+ Bedrooms | - | $561.2K | N/A |
Summary: Lyman-Hamilton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lyman-Hamilton | $530K | $600K | +13.2% |
| Upper Samish River | $575K | $632.5K | +10.0% |
| Lake Cavanaugh | $725K | $775K | +6.9% |
Housing Supply in Lyman-Hamilton, WA
How many homes are available in Lyman-Hamilton, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Summary: The Lyman-Hamilton real estate market had 21 homes for sale in May 2024, a 16.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lyman-Hamilton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lyman-Hamilton, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Lyman-Hamilton in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Lyman-Hamilton, WA
How long does it take to sell a home in Lyman-Hamilton, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 1 Days | 22 Days | +1388.9% |
Summary: Homes in Lyman-Hamilton had an average of 22 days on market in May 2024, up by 1388.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lyman-Hamilton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Lyman-Hamilton; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.