Is Winlock-Pe Ell, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winlock-Pe Ell is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Winlock-Pe Ell was a Seller's Market.

Key Takeaway

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

Housing Prices in Winlock-Pe Ell, WA

How much do homes in Winlock-Pe Ell, WA cost?

Median Sold Price

$410,000

$250/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+5.1%)

Key Takeaway

Homes in Winlock-Pe Ell have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Winlock-Pe Ell was $410,000 in October 2024, up 5.1% from last year, and the median price per square foot was $250.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $188.6K$705.5K
+274.1%
2 $272.4K$325K
+19.3%
3 $399K$400K
0.3%
4 $474.9K$477.9K
+0.6%
5+ $475K$687.2K
+44.7%

Summary: Winlock-Pe Ell housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 274.1%, 2 bedroom homes increased by 19.3%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 44.7%.

Median Sold Price Compared To Nearby Cities

Winlock
+7.2%
Winlock-Pe Ell
+5.1%
Toledo-Vader
-1.5%
Newaukum Prairie
-12.5%

Housing Supply in Winlock-Pe Ell, WA

How many homes are available in Winlock-Pe Ell, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7586+14.7%

Summary: The Winlock-Pe Ell real estate market had 86 homes for sale in October 2024, a 14.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 4959
+20.4%
4 1515
0.0%
5+ 12
+100.0%

Summary: The Winlock-Pe Ell housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
156-60.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winlock-Pe Ell, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Winlock-Pe Ell in October 2024, down by 60.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Winlock-Pe Ell, WA

How long does it take to sell a home in Winlock-Pe Ell, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days82 Days+111.1%

Summary: Homes in Winlock-Pe Ell had an average of 82 days on market in Oct 2024, up by 111.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Winlock-Pe Ell are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Winlock-Pe Ell; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 5 Days Ago

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