Is Downton Puyallup, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Downton Puyallup is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Downton Puyallup, WA

How much do homes in Downton Puyallup, WA cost?

Median Sold Price

$507,650

$355/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$100,150(+24.6%)

Key Takeaway

Homes in Downton Puyallup have sold for 24.6% more than they did a year ago.

Summary: The median home sold price in Downton Puyallup was $507,650 in April 2024, up 24.6% from last year, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $320K-
N/A
2 $430K$451K
+4.9%
3 $514K$535.1K
+4.1%
4 $575K$553.5K
-3.7%
5+ --
N/A

Summary: Downton Puyallup housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Downton Puyallup
+24.6%
Meeker's
+13.7%

Housing Supply in Downton Puyallup, WA

How many homes are available in Downton Puyallup, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
45+25.0%

Summary: The Downton Puyallup real estate market had 5 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 02
+100.0%
3 10
-100.0%
4 21
-50.0%
5+ 11
0.0%

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

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Downton Puyallup, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Downton Puyallup in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Downton Puyallup, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
103 Days3 Days-97.1%

Summary: Homes in Downton Puyallup had an average of 3 days on market in Apr 2024, down by 97.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Downton Puyallup; 100% of homes were sold within 30 days, 0% 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 22 Days Ago

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