Is Lyman-Hamilton, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lyman-Hamilton is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Lyman-Hamilton has remained a Seller's Market.

Key Takeaway

Lyman-Hamilton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lyman-Hamilton, WA

How much do homes in Lyman-Hamilton, WA cost?

Median Sold Price

$593,737

$299/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$58,737(+11.0%)

Key Takeaway

Homes in Lyman-Hamilton have sold for 11% more than they did a year ago.

Summary: The median home sold price in Lyman-Hamilton was $593,737 in March 2024, up 11% from last year, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$309.5K
N/A
2 $320K$370K
+15.6%
3 $597.5K$625K
+4.6%
4 $857.5K$644K
-24.9%
5+ -$561.2K
N/A

Summary: Lyman-Hamilton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 24.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Upper Samish River
+19.4%
Lyman-Hamilton
+11.0%

Housing Supply in Lyman-Hamilton, WA

How many homes are available in Lyman-Hamilton, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
65-16.7%

Summary: The Lyman-Hamilton real estate market had 5 homes for sale in March 2024, a 16.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 12
+100.0%
4 41
-75.0%
5+ 00
0.0%

Summary: The Lyman-Hamilton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lyman-Hamilton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lyman-Hamilton in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lyman-Hamilton, WA

How long does it take to sell a home in Lyman-Hamilton, WA?

Average Sale Time

Mar 2023Mar 2024CHANGE
40 Days95 Days+137.3%

Summary: Homes in Lyman-Hamilton had an average of 95 days on market in Mar 2024, up by 137.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lyman-Hamilton has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Lyman-Hamilton; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 24 Days Ago

Newest Listings in Lyman-Hamilton, WA

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