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 March 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

$285,000

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$32,750(+13.0%)

Key Takeaway

Homes in Aberdeen have sold for 13% more than they did a year ago.

Summary: The median home sold price in Aberdeen was $285,000 in March 2024, up 13% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $133K$184.9K
+39.1%
2 $210.5K$222.4K
+5.7%
3 $260K$295K
+13.5%
4 $280K$335K
+19.6%
5+ $320K$382K
+19.4%

Summary: Aberdeen housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.1%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 19.4%.

Median Sold Price Compared To Nearby Cities

Aberdeen
+13.0%
Cosmopolis
+9.4%
Aberdeen-Hoquiam
0.0%

Housing Supply in Aberdeen, WA

How many homes are available in Aberdeen, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6875+10.3%

Summary: The Aberdeen real estate market had 75 homes for sale in March 2024, a 10.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 32
-33.3%
2 1211
-8.3%
3 3739
+5.4%
4 1217
+41.7%
5+ 46
+50.0%

Summary: The Aberdeen housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1526+73.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 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. 42.3% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Aberdeen in March 2024, up by 73.3% month-over-month. Of the 26 sold homes, 42% were sold under asking, 23% were sold at asking, and 35% 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

Mar 2023Mar 2024CHANGE
37 Days54 Days+47.5%

Summary: Homes in Aberdeen had an average of 54 days on market in Mar 2024, up by 47.5% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Aberdeen are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 26 homes were sold in Aberdeen; 50% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 31% 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 23 Days Ago

Newest Listings in Aberdeen, WA

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