Is Hoquiam, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hoquiam was a Seller's Market.
Housing Prices in Hoquiam, WA
How much do homes in Hoquiam, WA cost?
Median Sold Price
$250,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hoquiam was $250,000 in April 2024, up 3.1% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | $130K | +52.9% |
2 Bedrooms | $202K | $227.7K | +12.7% |
3 Bedrooms | $250K | $259K | +3.6% |
4 Bedrooms | $267.2K | $225K | -15.8% |
5+ Bedrooms | $280K | $300K | +7.1% |
Summary: Hoquiam housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.9%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
Aberdeen | $255K | $285K | +11.8% |
Hoquiam | $242.5K | $250K | +3.1% |
Aberdeen-Hoquiam | $260K | $265K | +1.9% |
Housing Supply in Hoquiam, WA
How many homes are available in Hoquiam, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 53 | +15.2% |
Summary: The Hoquiam real estate market had 53 homes for sale in April 2024, a 15.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 29 | 34 | +17.2% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hoquiam housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 7 | -36.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Hoquiam in April 2024, down by 36.4% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Hoquiam, WA
How long does it take to sell a home in Hoquiam, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
81 Days | 33 Days | -59.7% |
Summary: Homes in Hoquiam had an average of 33 days on market in Apr 2024, down by 59.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Hoquiam; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.