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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ilwaco is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ilwaco has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ilwaco, WA

How much do homes in Ilwaco, WA cost?

Median Sold Price

$477,000

$263/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$118,000(+32.9%)

Key Takeaway

Homes in Ilwaco have sold for 32.9% more than they did a month ago.

Summary: The median home sold price in Ilwaco was $477,000 in April 2024, up 32.9% from last month, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $249K-
N/A
2 $359K$840K
+134.0%
3 -$325K
N/A
4 --
N/A
5+ --
N/A

Summary: Ilwaco housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 134%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Ilwaco, WA

How many homes are available in Ilwaco, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1312-7.7%

Summary: The Ilwaco real estate market had 12 homes for sale in April 2024, a 7.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 42
-50.0%
3 57
+40.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Ilwaco housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ilwaco, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Ilwaco in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Ilwaco, WA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
3 Days76 Days+1978.2%

Summary: Homes in Ilwaco had an average of 76 days on market in Apr 2024, up by 1978.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Ilwaco; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 15 Days Ago

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