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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aberdeen is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Aberdeen, WA

How much do homes in Aberdeen, WA cost?

Median Sold Price

$285,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$30,000(+11.8%)

Key Takeaway

Homes in Aberdeen have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Aberdeen was $285,000 in April 2024, up 11.8% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $133K$184.9K
+39.1%
2 $210.5K$222.4K
+5.7%
3 $260K$295K
+13.5%
4 $275K$335K
+21.8%
5+ $353K$382K
+8.2%

Summary: Aberdeen housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.1%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Cities

Aberdeen
+11.8%
Cosmopolis
+11.1%
Aberdeen-Hoquiam
+1.9%

Housing Supply in Aberdeen, WA

How many homes are available in Aberdeen, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7470-5.4%

Summary: The Aberdeen real estate market had 70 homes for sale in April 2024, a 5.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 1114
+27.3%
3 3837
-2.6%
4 1814
-22.2%
5+ 53
-40.0%

Summary: The Aberdeen housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
288-71.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aberdeen, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Aberdeen in April 2024, down by 71.4% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.

Days on Market for Aberdeen, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
84 Days29 Days-65.6%

Summary: Homes in Aberdeen had an average of 29 days on market in Apr 2024, down by 65.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 8 homes were sold in Aberdeen; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 16 Days Ago

Newest Listings in Aberdeen, WA

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