Is Forks, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Forks has remained a Seller's Market.
Key Takeaway
Forks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Forks, WA
How much do homes in Forks, WA cost?
Median Sold Price
$340,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Forks have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Forks was $340,000 in June 2024, up 14.7% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $210K | +7.7% |
| 2 Bedrooms | $245K | $201K | -18.0% |
| 3 Bedrooms | $315K | $345K | +9.5% |
| 4 Bedrooms | $284.9K | $450K | +57.9% |
| 5+ Bedrooms | $178.9K | - | N/A |
Summary: Forks housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 18%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 57.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Forks | $296.5K | $340K | +14.7% |
| Forks | $298K | $340K | +14.1% |
Housing Supply in Forks, WA
How many homes are available in Forks, WA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Summary: The Forks real estate market had 22 homes for sale in June 2024, a 8.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 18 | 14 | -22.2% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Forks housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Forks, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Forks in June 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 5 Days | 31 Days | +481.3% |
Summary: Homes in Forks had an average of 31 days on market in Jun 2024, up by 481.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Forks are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 4 homes were sold in Forks; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.