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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fife is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Fife, WA cost?

Median Sold Price

$543,500

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$92,550(+20.5%)

Key Takeaway

Homes in Fife have sold for 20.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$296K
N/A
2 $340K$405K
+19.1%
3 $450K$547.4K
+21.7%
4 $475.9K$590K
+24.0%
5+ $504.9K$663.5K
+31.4%

Median Sold Price Compared To Nearby Cities

Fife
+20.5%
Tacoma
+15.2%
Puyallup
+15.0%
Edgewood
+12.4%
Milton
+10.4%

How many homes are available in Fife, WA?

Number of Homes For Sale

Aug 2022Sep 2022%
3229-9.4%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 46
+50.0%
3 1813
-27.8%
4 99
0.0%
5+ 11
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
109-10.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fife, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Average Sale Time

Sep 2021Sep 2022%
9 Days13 Days+52.4%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Fife, WA

Homes for sale in Fife, WA have reached 29. Between August 2022 and September 2022, Fife, WA real estate market has seen decrease in the number of listings by 9.4%. In September 2022, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $543,500. Real estate listing prices changed between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 19.1%, the cost of 3 bedrooms properties went up by 21.7%, 4 bedrooms properties prices increased by 24%, prices of 5 bedrooms properties went up by 31.4%. Volume of homes for sale changed: 1 bedroom homes did not move, volume of 2 bedrooms homes went up by 50%, volume of 3 bedrooms homes went down by 27.8%, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory did not change. In September 2022, from all listings sold in Fife, WA there were more than 2 sold above asking price, over 1 sold below and more than 6 were sold right at the asked price.

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