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

Housing Market Conditions



Gauge showing Sumner is a seller's market


Difference Since October 2021

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

Key Takeaway

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

How much do homes in Sumner, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since October 2021


Key Takeaway

Homes in Sumner have sold for 14.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $341K-
2 $400K$440K
3 $500K$555K
4 $624.1K$640K
5+ $630.5K$712.5K

Median Sold Price Compared To Nearby Cities

Federal Way-Auburn
Bonney Lake

How many homes are available in Sumner, WA?

Number of Homes For Sale

Sep 2022Oct 2022%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
2 36
3 2215
4 89
5+ 33

Number of Homes Sold

Sep 2022Oct 2022%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sumner, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
15 Days22 Days+41.8%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Sumner, WA

Homes for sale in Sumner, WA have reached 33. In October 2022 in Sumner, WA there were 8.3% less homes for sale than in September 2022. While the average time on the market in October 2022 was 22 days, the median list price was $572,500. Between September 2022 and October 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 10% more expensive, 3 bedrooms properties became 11% more expensive, 4 bedrooms properties became 2.5% more expensive, the cost of 5 bedrooms properties went up by 13%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory increased by 100%, the quantity of 3 bedrooms homes went down by 31.8%, number of 4 bedrooms homes increased by 12.5%, number of 5 bedrooms homes remained the same. In October 2022 more than 6 listings in Sumner, WA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below.

Related Housing Market Reports