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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forks is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Forks is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Forks, WA

How much do homes in Forks, WA cost?

Median Sold Price

$333,450

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$58,450(+21.3%)

Key Takeaway

Homes in Forks have sold for 21.3% more than they did a year ago.

Summary: The median home sold price in Forks was $333,450 in April 2024, up 21.3% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $195K$210K
+7.7%
2 $245K$225K
-8.2%
3 $298K$340K
+14.1%
4 $283.7K$299.9K
+5.7%
5+ $178.9K-
N/A

Summary: Forks housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Forks
+21.3%
Forks
+13.0%

Housing Supply in Forks, WA

How many homes are available in Forks, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1914-26.3%

Summary: The Forks real estate market had 14 homes for sale in April 2024, a 26.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 43
-25.0%
3 119
-18.2%
4 21
-50.0%
5+ 00
0.0%

Summary: The Forks housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forks, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Forks in April 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Forks, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
144 Days420 Days+191.7%

Summary: Homes in Forks had an average of 420 days on market in Apr 2024, up by 191.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Forks are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Forks; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 28 Days Ago

Newest Listings in Forks, WA

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