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

Housing Market Conditions



Gauge showing Auburn is a seller's market


Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Auburn, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Auburn have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Auburn was $599,967 in August 2023, up 2.7% from last year, and the median price per square foot was $309.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $222.5K$209.9K
2 $374K$375K
3 $530K$549.9K
4 $693.9K$680K
5+ $785K$775K

Summary: Auburn housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 1.3%.

Median Sold Price Compared To Nearby Cities

Federal Way-Auburn

Housing Supply

How many homes are available in Auburn, WA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Auburn real estate market had 328 homes for sale in August 2023, a 7.5% increase compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 75
2 3536
3 105132
4 116107
5+ 4248

Summary: The Auburn housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 25.7%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

53 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Auburn, you could pay more than the asking price. 52.5% of homes here sold above asking price last month.

Summary: A total of 101 homes were sold or pending in Auburn in August 2023, up by 1.0% month-over-month. Of the 101 sold homes, 19% were sold under asking, 29% were sold at asking, and 52% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
17 Days24 Days+39.3%

Summary: Homes in Auburn had an average of 24 days on market in Aug 2023, up by 39.3% compared to last year.

Breakdown of Home Sale Times

77 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 101 homes were sold in Auburn; 76% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 7% 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

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Nearby Markets

What housing markets are near Auburn, WA?