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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewis County is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Lewis County, WA

How much do homes in Lewis County, WA cost?

Median Sold Price

$399,890

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$109(0%)

Key Takeaway

The sold price of homes in Lewis County has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $256K$401.4K
+56.8%
2 $315K$315.5K
0.2%
3 $411K$406.1K
-1.2%
4 $487K$474.9K
-2.5%
5+ $518.9K$563.5K
+8.6%

Summary: Lewis County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.8%, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 8.6%.

Median Sold Price Compared To Nearby Counties

Cowlitz County
+0.9%
Skamania County
0.3%
Lewis County
0%
Thurston County
0.0%
Pierce County
-1.2%

Housing Supply in Lewis County, WA

How many homes are available in Lewis County, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
353416+17.8%

Summary: The Lewis County real estate market had 416 homes for sale in March 2024, a 17.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 811
+37.5%
2 7078
+11.4%
3 204233
+14.2%
4 6078
+30.0%
5+ 1116
+45.5%

Summary: The Lewis County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 45.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
6257-8.1%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewis County, you may be able to get a good deal. 56.1% of homes here sold below asking price last month.

Summary: A total of 57 homes were sold or pending in Lewis County in March 2024, down by 8.1% month-over-month. Of the 57 sold homes, 56% were sold under asking, 21% were sold at asking, and 23% were sold over asking.

Days on Market for Lewis County, WA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
73 Days63 Days-13.6%

Summary: Homes in Lewis County had an average of 63 days on market in Mar 2024, down by 13.6% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 57 homes were sold in Lewis County; 53% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 28% 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 25 Days Ago

Newest Listings in Lewis County, WA

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