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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cosmopolis is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Cosmopolis, WA

How much do homes in Cosmopolis, WA cost?

Median Sold Price

$350,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$30,000(+9.4%)

Key Takeaway

Homes in Cosmopolis have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Cosmopolis was $350,000 in March 2024, up 9.4% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $75K-
N/A
2 $236.5K$180K
-23.9%
3 $339.9K$350K
+3.0%
4 $349.5K$367.2K
+5.1%
5+ $320.5K$432.5K
+34.9%

Summary: Cosmopolis housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.9%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 34.9%.

Median Sold Price Compared To Nearby Cities

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

Housing Supply in Cosmopolis, WA

How many homes are available in Cosmopolis, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
47+75.0%

Summary: The Cosmopolis real estate market had 7 homes for sale in March 2024, a 75.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 02
+100.0%
5+ 00
0.0%

Summary: The Cosmopolis 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Cosmopolis, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cosmopolis in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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

Mar 2023Mar 2024CHANGE
34 Days39 Days+14.7%

Summary: Homes in Cosmopolis had an average of 39 days on market in Mar 2024, up by 14.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cosmopolis has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Cosmopolis; 0% of homes were sold within 30 days, 100% 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 18 Days Ago

Newest Listings in Cosmopolis, WA

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