Is Thurston County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Thurston County has remained a Seller's Market.
Housing Prices in Thurston County, WA
How much do homes in Thurston County, WA cost?
Median Sold Price
$500,007
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Thurston County was $500,007 in April 2024, up 0.5% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $277.5K | $312K | +12.4% |
2 Bedrooms | $413.4K | $405K | -2.0% |
3 Bedrooms | $474.9K | $480K | +1.1% |
4 Bedrooms | $555K | $569.9K | +2.7% |
5+ Bedrooms | $600K | $602.2K | 0.4% |
Summary: Thurston County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.4%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Counties
Grays Harbor County | $339.9K | $342.1K | +0.7% |
Thurston County | $497.6K | $500K | 0.5% |
Pierce County | $530.1K | $530.6K | 0.1% |
Lewis County | $400K | $400K | 0.0% |
Mason County | $409.2K | $406.8K | -0.6% |
Housing Supply in Thurston County, WA
How many homes are available in Thurston County, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
881 | 999 | +13.4% |
Summary: The Thurston County real estate market had 999 homes for sale in April 2024, a 13.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 17 | +30.8% |
2 Bedrooms | 118 | 147 | +24.6% |
3 Bedrooms | 486 | 539 | +10.9% |
4 Bedrooms | 215 | 240 | +11.6% |
5+ Bedrooms | 49 | 56 | +14.3% |
Summary: The Thurston County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 24.6%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
239 | 282 | +18.0% |
Asking Price vs. Sold Price
66 Homes Were Sold
Under Asking
90 Homes Were Sold
At Asking
126 Homes Were Sold
Over Asking
Summary: A total of 282 homes were sold or pending in Thurston County in April 2024, up by 18.0% month-over-month. Of the 282 sold homes, 23% were sold under asking, 32% were sold at asking, and 45% were sold over asking.
Days on Market for Thurston County, WA
How long does it take to sell a home in Thurston County, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 29 Days | -9.3% |
Summary: Homes in Thurston County had an average of 29 days on market in Apr 2024, down by 9.3% compared to last year.
Breakdown of Home Sale Times
216 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Summary: During April 2024, 282 homes were sold in Thurston County; 77% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.