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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Enumclaw is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Enumclaw, WA

How much do homes in Enumclaw, WA cost?

Median Sold Price

$675,000

$343/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$96,000(+16.6%)

Key Takeaway

Homes in Enumclaw have sold for 16.6% more than they did a year ago.

Summary: The median home sold price in Enumclaw was $675,000 in April 2024, up 16.6% from last year, and the median price per square foot was $343.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $340K$440K
+29.4%
2 $405K$475K
+17.3%
3 $546K$634.9K
+16.3%
4 $699.9K$749.9K
+7.1%
5+ $749.9K$750K
0.0%

Summary: Enumclaw housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.4%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Enumclaw
+16.6%
Enumclaw Plateau
0.3%

Housing Supply in Enumclaw, WA

How many homes are available in Enumclaw, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5975+27.1%

Summary: The Enumclaw real estate market had 75 homes for sale in April 2024, a 27.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 48
+100.0%
3 3141
+32.3%
4 1820
+11.1%
5+ 66
0.0%

Summary: The Enumclaw housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 32.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1430+114.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Enumclaw, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.

Summary: A total of 30 homes were sold or pending in Enumclaw in April 2024, up by 114.3% month-over-month. Of the 30 sold homes, 30% were sold under asking, 17% were sold at asking, and 53% were sold over asking.

Days on Market for Enumclaw, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days35 Days+22.9%

Summary: Homes in Enumclaw had an average of 35 days on market in Apr 2024, up by 22.9% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 30 homes were sold in Enumclaw; 73% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 10% 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 19 Days Ago

Newest Listings in Enumclaw, WA

Nearby Markets to Enumclaw, WA

What housing markets are near Enumclaw, WA?