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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washougal is a buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Washougal, WA

How much do homes in Washougal, WA cost?

Median Sold Price

$669,900

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$69,900(+11.7%)

Key Takeaway

Homes in Washougal have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Washougal was $669,900 in May 2024, up 11.7% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $337.5K$550K
+63.0%
2 $335K$381.5K
+13.9%
3 $500K$575K
+15.0%
4 $647.4K$715K
+10.4%
5+ $787K$800K
+1.7%

Summary: Washougal housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Cities

Washougal
+11.7%
Camas
+7.9%
Washougal
+6.4%

Housing Supply in Washougal, WA

How many homes are available in Washougal, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
186207+11.3%

Summary: The Washougal real estate market had 207 homes for sale in May 2024, a 11.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1314
+7.7%
3 4459
+34.1%
4 8090
+12.5%
5+ 4944
-10.2%

Summary: The Washougal housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 10.2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3529-17.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washougal, you could pay more than the asking price. 37.9% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in Washougal in May 2024, down by 17.1% month-over-month. Of the 29 sold homes, 28% were sold under asking, 34% were sold at asking, and 38% were sold over asking.

Days on Market for Washougal, WA

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

Average Sale Time

May 2023May 2024CHANGE
40 Days36 Days-10.5%

Summary: Homes in Washougal had an average of 36 days on market in May 2024, down by 10.5% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 29 homes were sold in Washougal; 62% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 3% 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 13 Days Ago

Newest Listings in Washougal, WA

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