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 March 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

$650,000

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$40,000(+6.6%)

Key Takeaway

Homes in Washougal have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Washougal was $650,000 in March 2024, up 6.6% from last year, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $395K$550K
+39.2%
2 $395K$383K
-3.0%
3 $565K$550K
-2.7%
4 $705K$695.4K
-1.4%
5+ $887.5K$712.5K
-19.7%

Summary: Washougal housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.2%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 19.7%.

Median Sold Price Compared To Nearby Cities

Washougal
+10.5%
Washougal
+6.6%
Camas
+5.0%
Corbett
+3.5%

Housing Supply in Washougal, WA

How many homes are available in Washougal, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
194198+2.1%

Summary: The Washougal real estate market had 198 homes for sale in March 2024, a 2.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 2115
-28.6%
3 7073
+4.3%
4 6373
+15.9%
5+ 3936
-7.7%

Summary: The Washougal 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 decreased by 28.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2619-26.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washougal, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Washougal in March 2024, down by 26.9% month-over-month. Of the 19 sold homes, 47% were sold under asking, 21% were sold at asking, and 32% 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

Mar 2023Mar 2024CHANGE
71 Days73 Days+2.7%

Summary: Homes in Washougal had an average of 73 days on market in Mar 2024, up by 2.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

8 Homes Were 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 March 2024, 19 homes were sold in Washougal; 47% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 42% 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 Washougal, WA

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