Is Cowlitz County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cowlitz County is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Cowlitz County, WA

How much do homes in Cowlitz County, WA cost?

Median Sold Price

$395,471

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,373(+1.4%)

Key Takeaway

Homes in Cowlitz County have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Cowlitz County was $395,471 in April 2024, up 1.4% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $208.5K$248.8K
+19.3%
2 $280K$291.2K
+4.0%
3 $391K$400K
+2.3%
4 $476.5K$485.6K
+1.9%
5+ $519.9K$485K
-6.7%

Summary: Cowlitz County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.3%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 6.7%.

Median Sold Price Compared To Nearby Counties

Clark County
+2.7%
Columbia County
+2.0%
Cowlitz County
+1.4%
Lewis County
0.0%
Skamania County
-1.7%

Housing Supply in Cowlitz County, WA

How many homes are available in Cowlitz County, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
611661+8.2%

Summary: The Cowlitz County real estate market had 661 homes for sale in April 2024, a 8.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1313
0.0%
2 116109
-6.0%
3 304321
+5.6%
4 156180
+15.4%
5+ 2238
+72.7%

Summary: The Cowlitz County 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 decreased by 6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 72.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
151175+15.9%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

54 Homes Were Sold
At Asking

66 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cowlitz County, you could pay more than the asking price. 37.7% of homes here sold above asking price last month.

Summary: A total of 175 homes were sold or pending in Cowlitz County in April 2024, up by 15.9% month-over-month. Of the 175 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.

Days on Market for Cowlitz County, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
41 Days50 Days+21.5%

Summary: Homes in Cowlitz County had an average of 50 days on market in Apr 2024, up by 21.5% compared to last year.

Breakdown of Home Sale Times

110 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

40 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 175 homes were sold in Cowlitz County; 63% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 23% 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 2 Days Ago

Newest Listings in Cowlitz County, WA

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