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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mason County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Mason County, WA

How much do homes in Mason County, WA cost?

Median Sold Price

$406,112

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$3,880(-0.9%)

Key Takeaway

Homes in Mason County have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in Mason County was $406,112 in March 2024, down 0.9% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $282K$290K
+2.8%
2 $373.5K$385K
+3.1%
3 $424K$408K
-3.8%
4 $495K$512.4K
+3.5%
5+ $485K$519.9K
+7.2%

Summary: Mason County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 7.2%.

Median Sold Price Compared To Nearby Counties

Jefferson County
+6.6%
Kitsap County
+3.2%
Grays Harbor County
+1.2%
Thurston County
0.0%
Mason County
-0.9%

Housing Supply in Mason County, WA

How many homes are available in Mason County, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
279324+16.1%

Summary: The Mason County real estate market had 324 homes for sale in March 2024, a 16.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1623
+43.8%
2 7794
+22.1%
3 156170
+9.0%
4 2432
+33.3%
5+ 65
-16.7%

Summary: The Mason County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 43.8%, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
6463-1.6%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mason County, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 63 homes were sold or pending in Mason County in March 2024, down by 1.6% month-over-month. Of the 63 sold homes, 48% were sold under asking, 24% were sold at asking, and 29% were sold over asking.

Days on Market for Mason County, WA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
65 Days58 Days-11.7%

Summary: Homes in Mason County had an average of 58 days on market in Mar 2024, down by 11.7% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 63 homes were sold in Mason County; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% 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 Mason County, WA

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