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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coupeville is a neutral's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

Coupeville 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 Coupeville, WA

How much do homes in Coupeville, WA cost?

Median Sold Price

$595,000

$345/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$7,500(+1.3%)

Key Takeaway

Homes in Coupeville have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Coupeville was $595,000 in May 2024, up 1.3% from last year, and the median price per square foot was $345.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $30K$600K
+1900.0%
2 $525K$479K
-8.8%
3 $610K$645K
+5.7%
4 $695K$685K
-1.4%
5+ $1.0M$1.0M
0.2%

Summary: Coupeville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1900%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 0.2%.

Median Sold Price Compared To Nearby Cities

Central Whidbey Island
+7.0%
Coupeville
+1.3%

Housing Supply in Coupeville, WA

How many homes are available in Coupeville, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4561+35.6%

Summary: The Coupeville real estate market had 61 homes for sale in May 2024, a 35.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 1320
+53.8%
3 2428
+16.7%
4 58
+60.0%
5+ 13
+200.0%

Summary: The Coupeville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 53.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Apr 2024May 2024CHANGE
179-47.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coupeville, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Coupeville in May 2024, down by 47.1% month-over-month. Of the 9 sold homes, 44% were sold under asking, 56% were sold at asking, and 0% were sold over asking.

Days on Market for Coupeville, WA

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

Average Sale Time

May 2023May 2024CHANGE
43 Days44 Days+1.3%

Summary: Homes in Coupeville had an average of 44 days on market in May 2024, up by 1.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 9 homes were sold in Coupeville; 78% of homes were sold within 30 days, 0% 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 13 Days Ago

Newest Listings in Coupeville, WA

Nearby Markets to Coupeville, WA

What housing markets are near Coupeville, WA?