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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forks is a neutral's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

Forks is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Forks, WA cost?

Median Sold Price

$297,000

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$10,000(+3.5%)

Key Takeaway

Homes in Forks have sold for 3.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 -$190K
N/A
2 $215K$245K
+14.0%
3 $293.9K$329K
+11.9%
4 $289K$299K
+3.5%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Forks
+4.3%
Forks
+3.5%

How many homes are available in Forks, WA?

Number of Homes For Sale

Oct 2022Nov 2022%
21210.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 44
0.0%
3 1212
0.0%
4 22
0.0%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forks, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
103 Days35 Days-65.4%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Forks has remained consistent over time.

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

About Forks, WA

Homes for sale in Forks, WA have reached 21. In November 2022 median list price was $297,000 and the average listing age was 35 days. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 14%, the cost of 3 bedrooms properties went up by 11.9%, prices of 4 bedrooms properties increased by 3.5%, prices of 5 bedrooms properties increased by 0%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes have not changed, number of 4 bedrooms homes remained the same, 5 bedrooms homes inventory did not change. In November 2022 more than 1 listings in Forks, WA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.

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