Is Roy, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Roy has remained a Seller's Market.
Housing Prices in Roy, WA
How much do homes in Roy, WA cost?
Median Sold Price
$505,000
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Roy was $505,000 in May 2024, down 1% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $423.5K | N/A |
2 Bedrooms | $270K | $341.2K | +26.4% |
3 Bedrooms | $502.4K | $515K | +2.5% |
4 Bedrooms | $574.4K | $651.5K | +13.4% |
5+ Bedrooms | $1.7M | $834.3K | -52.6% |
Summary: Roy housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes decreased by 52.6%.
Median Sold Price Compared To Nearby Cities
Fort Lewis-DuPont | $515.1K | $526.2K | +2.2% |
Roy | $510K | $505K | -1.0% |
Housing Supply in Roy, WA
How many homes are available in Roy, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 51 | +21.4% |
Summary: The Roy real estate market had 51 homes for sale in May 2024, a 21.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 22 | 27 | +22.7% |
4 Bedrooms | 14 | 19 | +35.7% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Roy housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Roy in May 2024, up by 54.5% month-over-month. Of the 17 sold homes, 53% were sold under asking, 24% were sold at asking, and 24% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 77 Days | +766.8% |
Summary: Homes in Roy had an average of 77 days on market in May 2024, up by 766.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Roy; 47% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.