Is Fort Lewis-DuPont, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Lewis-DuPont is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Fort Lewis-DuPont has remained a Seller's Market.

Key Takeaway

Fort Lewis-DuPont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fort Lewis-DuPont, WA

How much do homes in Fort Lewis-DuPont, WA cost?

Median Sold Price

$520,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$18,000(+3.6%)

Key Takeaway

Homes in Fort Lewis-DuPont have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in Fort Lewis-DuPont was $520,000 in September 2024, up 3.6% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $350K$361.5K
+3.3%
3 $485K$490K
+1.0%
4 $597K$595K
-0.3%
5+ $682.5K$665K
-2.6%

Summary: Fort Lewis-DuPont housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Cities

Roy
+13.3%
Lakewood
+6.3%
Fort Lewis-DuPont
+3.6%
DuPont
+3.6%

Housing Supply in Fort Lewis-DuPont, WA

How many homes are available in Fort Lewis-DuPont, WA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4835-27.1%

Summary: The Fort Lewis-DuPont real estate market had 35 homes for sale in September 2024, a 27.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 22
0.0%
3 3525
-28.6%
4 86
-25.0%
5+ 32
-33.3%

Summary: The Fort Lewis-DuPont housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1513-13.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Lewis-DuPont, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Fort Lewis-DuPont in September 2024, down by 13.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% were sold over asking.

Days on Market for Fort Lewis-DuPont, WA

How long does it take to sell a home in Fort Lewis-DuPont, WA?

Average Sale Time

Sep 2023Sep 2024CHANGE
31 Days28 Days-9.3%

Summary: Homes in Fort Lewis-DuPont had an average of 28 days on market in Sep 2024, down by 9.3% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fort Lewis-DuPont are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 13 homes were sold in Fort Lewis-DuPont; 62% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% 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 26 Days Ago

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