Is Grays Harbor County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grays Harbor County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Grays Harbor County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Grays Harbor County, WA

How much do homes in Grays Harbor County, WA cost?

Median Sold Price

$343,810

$234/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$3,998(+1.2%)

Key Takeaway

Homes in Grays Harbor County have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Grays Harbor County was $343,810 in March 2024, up 1.2% from last year, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $222.5K$189K
-15.1%
2 $318.9K$300K
-5.9%
3 $357K$367K
+2.8%
4 $380K$380K
0.0%
5+ $354K$405K
+14.4%

Summary: Grays Harbor County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.1%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 2.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 14.4%.

Median Sold Price Compared To Nearby Counties

Jefferson County
+6.6%
Pacific County
+2.2%
Grays Harbor County
+1.2%
Thurston County
0.0%
Mason County
-0.9%

Housing Supply in Grays Harbor County, WA

How many homes are available in Grays Harbor County, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
418481+15.1%

Summary: The Grays Harbor County real estate market had 481 homes for sale in March 2024, a 15.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 2132
+52.4%
2 112130
+16.1%
3 224237
+5.8%
4 4461
+38.6%
5+ 1721
+23.5%

Summary: The Grays Harbor County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 52.4%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 38.6%, and 5+ bedroom homes increased by 23.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
76102+34.2%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grays Harbor County, you may be able to get a good deal. 53.9% of homes here sold below asking price last month.

Summary: A total of 102 homes were sold or pending in Grays Harbor County in March 2024, up by 34.2% month-over-month. Of the 102 sold homes, 54% were sold under asking, 24% were sold at asking, and 23% were sold over asking.

Days on Market for Grays Harbor County, WA

How long does it take to sell a home in Grays Harbor County, WA?

Average Sale Time

Mar 2023Mar 2024CHANGE
62 Days75 Days+20.6%

Summary: Homes in Grays Harbor County had an average of 75 days on market in Mar 2024, up by 20.6% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

38 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 102 homes were sold in Grays Harbor County; 39% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 37% 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 23 Days Ago

Newest Listings in Grays Harbor County, WA

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