Is Fairgrounds, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fairgrounds was a Neutral Market.
Key Takeaway
Fairgrounds is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fairgrounds, WA
How much do homes in Fairgrounds, WA cost?
Median Sold Price
$549,904
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Fairgrounds has remained the same since last year.
Summary: The median home sold price in Fairgrounds was $549,904 in April 2024, down 0.1% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $239K | $240K | 0.4% |
| 2 Bedrooms | $422K | $398.5K | -5.6% |
| 3 Bedrooms | $507.5K | $520.3K | +2.5% |
| 4 Bedrooms | $681.2K | $667K | -2.1% |
| 5+ Bedrooms | $740K | $730K | -1.4% |
Summary: Fairgrounds housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 1.4%.
Housing Supply in Fairgrounds, WA
How many homes are available in Fairgrounds, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 176 | 181 | +2.8% |
Summary: The Fairgrounds real estate market had 181 homes for sale in April 2024, a 2.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 93 | 87 | -6.5% |
| 4 Bedrooms | 65 | 66 | +1.5% |
| 5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Fairgrounds 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 6.5%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 37 | 31 | -16.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fairgrounds, expect to pay close to the asking price. 54.8% of homes here sold near the asking price last month.
Summary: A total of 31 homes were sold or pending in Fairgrounds in April 2024, down by 16.2% month-over-month. Of the 31 sold homes, 29% were sold under asking, 55% were sold at asking, and 16% were sold over asking.
Days on Market for Fairgrounds, WA
How long does it take to sell a home in Fairgrounds, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 57 Days | 50 Days | -11.7% |
Summary: Homes in Fairgrounds had an average of 50 days on market in Apr 2024, down by 11.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fairgrounds are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 31 homes were sold in Fairgrounds; 55% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.