Is Winlock-Pe Ell, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winlock-Pe Ell is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Winlock-Pe Ell was a Seller's Market.

Key Takeaway

Winlock-Pe Ell is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Winlock-Pe Ell, WA

How much do homes in Winlock-Pe Ell, WA cost?

Median Sold Price

$397,500

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$15,000(-3.6%)

Key Takeaway

Homes in Winlock-Pe Ell have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Winlock-Pe Ell was $397,500 in May 2024, down 3.6% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $146.5K$511K
+248.8%
2 $300K$310K
+3.3%
3 $430K$389K
-9.5%
4 $489.9K$485K
-1.0%
5+ $475K$474.5K
-0.1%

Summary: Winlock-Pe Ell housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 248.8%, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 0.1%.

Median Sold Price Compared To Nearby Cities

Winlock
+10.2%
Toledo-Vader
-0.7%
Winlock-Pe Ell
-3.6%

Housing Supply in Winlock-Pe Ell, WA

How many homes are available in Winlock-Pe Ell, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5980+35.6%

Summary: The Winlock-Pe Ell real estate market had 80 homes for sale in May 2024, a 35.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 28
+300.0%
3 4052
+30.0%
4 1518
+20.0%
5+ 22
0.0%

Summary: The Winlock-Pe Ell 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 increased by 300%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winlock-Pe Ell, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Winlock-Pe Ell in May 2024, up by 8.3% month-over-month. Of the 13 sold homes, 46% were sold under asking, 38% were sold at asking, and 15% were sold over asking.

Days on Market for Winlock-Pe Ell, WA

How long does it take to sell a home in Winlock-Pe Ell, WA?

Average Sale Time

May 2023May 2024CHANGE
51 Days50 Days-1.4%

Summary: Homes in Winlock-Pe Ell had an average of 50 days on market in May 2024, down by 1.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Winlock-Pe Ell are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 13 homes were sold in Winlock-Pe Ell; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% 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 1 Day Ago

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