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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Allyn is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Allyn was a Seller's Market.

Key Takeaway

Allyn 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 Allyn, WA

How much do homes in Allyn, WA cost?

Median Sold Price

$540,000

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$35,000(+6.9%)

Key Takeaway

Homes in Allyn have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Allyn was $540,000 in March 2024, up 6.9% from last year, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $438K$350K
-20.1%
2 $463K$512.5K
+10.7%
3 $507K$535K
+5.5%
4 $562.5K$646.5K
+14.9%
5+ -$655K
N/A

Summary: Allyn housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.1%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Allyn
+6.9%
Belfair
+4.6%
Belfair-Tahuya
+4.0%
Grapeview
-7.4%

Housing Supply in Allyn, WA

How many homes are available in Allyn, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2327+17.4%

Summary: The Allyn real estate market had 27 homes for sale in March 2024, a 17.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 1111
0.0%
4 47
+75.0%
5+ 11
0.0%

Summary: The Allyn housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Allyn, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Allyn in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Allyn, WA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
16 Days181 Days+975.6%

Summary: Homes in Allyn had an average of 181 days on market in Mar 2024, up by 975.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Allyn are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 4 homes were sold in Allyn; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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 25 Days Ago

Newest Listings in Allyn, WA

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