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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cosmopolis is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Cosmopolis was a Seller's Market.

Key Takeaway

Cosmopolis 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 Cosmopolis, WA

How much do homes in Cosmopolis, WA cost?

Median Sold Price

$307,500

$157/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$52,400(-14.6%)

Key Takeaway

Homes in Cosmopolis have sold for 14.6% less than they did a month ago.

Summary: The median home sold price in Cosmopolis was $307,500 in September 2024, down 14.6% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $175K-
N/A
3 $471.4K$307.5K
-34.8%
4 --
N/A
5+ --
N/A

Summary: Cosmopolis housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 34.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cosmopolis, WA

How many homes are available in Cosmopolis, WA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1712-29.4%

Summary: The Cosmopolis real estate market had 12 homes for sale in September 2024, a 29.4% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 43
-25.0%
3 105
-50.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Cosmopolis housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cosmopolis, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cosmopolis in September 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cosmopolis, WA

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

Average Sale Time

Aug 2024Sep 2024CHANGE
26 Days38 Days+42.9%

Summary: Homes in Cosmopolis had an average of 38 days on market in Sep 2024, up by 42.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Cosmopolis; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

Newest Listings in Cosmopolis, WA

Nearby Markets to Cosmopolis, WA

What housing markets are near Cosmopolis, WA?