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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roy is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Roy was a Seller's Market.

Key Takeaway

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

Housing Prices in Roy, WA

How much do homes in Roy, WA cost?

Median Sold Price

$400,000

$259/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$40,000(-9.1%)

Key Takeaway

Homes in Roy have sold for 9.1% less than they did a month ago.

Summary: The median home sold price in Roy was $400,000 in March 2024, down 9.1% from last month, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$192K
N/A
2 -$225K
N/A
3 $437.5K$415K
-5.1%
4 $663K-
N/A
5+ --
N/A

Summary: Roy housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Roy, WA

How many homes are available in Roy, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3436+5.9%

Summary: The Roy real estate market had 36 homes for sale in March 2024, a 5.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 2020
0.0%
4 99
0.0%
5+ 12
+100.0%

Summary: The Roy housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roy, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Roy in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Roy, WA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
43 Days7 Days-81.9%

Summary: Homes in Roy had an average of 7 days on market in Mar 2024, down by 81.9% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 5 homes were sold in Roy; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

Newest Listings in Roy, WA

Nearby Markets to Roy, WA

What housing markets are near Roy, WA?