Is Black Diamond, WA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Black Diamond is a seller's market


Difference Since August 2022

At the same time last year, Black Diamond was a Neutral Market.

Key Takeaway

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

Housing Prices

How much do homes in Black Diamond, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Black Diamond have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Black Diamond was $810,000 in August 2023, up 7.8% from last year, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $1.3M$285K
2 $469.9K$662.1K
3 $669.9K$636K
4 $787.4K$866.8K
5+ $865K$955.9K

Summary: Black Diamond housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 78.1%, 2 bedroom homes increased by 40.9%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 10.5%.

Median Sold Price Compared To Nearby Cities

Black Diamond
Enumclaw Plateau
Maple Valley

Housing Supply

How many homes are available in Black Diamond, WA?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Black Diamond real estate market had 69 homes for sale in August 2023, a 1.4% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 11
2 32
3 2221
4 2728
5+ 1717

Summary: The Black Diamond housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Black Diamond, you could pay more than the asking price. 38.9% of homes here sold above asking price last month.

Summary: A total of 18 homes were sold or pending in Black Diamond in August 2023, up by 12.5% month-over-month. Of the 18 sold homes, 33% were sold under asking, 28% were sold at asking, and 39% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
14 Days64 Days+342.9%

Summary: Homes in Black Diamond had an average of 64 days on market in Aug 2023, up by 342.9% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2023, 18 homes were sold in Black Diamond; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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 30 Days Ago

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Nearby Markets

What housing markets are near Black Diamond, WA?