Is Roy, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roy is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Roy, WA

How much do homes in Roy, WA cost?

Median Sold Price

$520,000

$299/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$40,001(+8.3%)

Key Takeaway

Homes in Roy have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Roy was $520,000 in June 2024, up 8.3% from last year, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $625K$269.5K
-56.9%
2 $291.6K$387.5K
+32.9%
3 $480K$534.5K
+11.4%
4 $574.4K$737.4K
+28.4%
5+ -$834.3K
N/A

Summary: Roy housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.9%, 2 bedroom homes increased by 32.9%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Roy
+8.3%
Fort Lewis-DuPont
+3.2%

Housing Supply in Roy, WA

How many homes are available in Roy, WA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
52520.0%

Summary: The Roy real estate market had 52 homes for sale in June 2024, the same as May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 01
+100.0%
2 44
0.0%
3 2830
+7.1%
4 1914
-26.3%
5+ 13
+200.0%

Summary: The Roy housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

May 2024Jun 2024CHANGE
1811-38.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roy, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Roy in June 2024, down by 38.9% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.

Days on Market for Roy, WA

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

Average Sale Time

Jun 2023Jun 2024CHANGE
27 Days35 Days+28.1%

Summary: Homes in Roy had an average of 35 days on market in Jun 2024, up by 28.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 11 homes were sold in Roy; 91% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% 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

Newest Listings in Roy, WA

Nearby Markets to Roy, WA

What housing markets are near Roy, WA?