Is Graham, 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, Graham has remained a Seller's Market.
Housing Prices in Graham, WA
How much do homes in Graham, WA cost?
Median Sold Price
$541,316
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Graham was $541,316 in May 2024, up 4.5% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $367.5K | +53.1% |
2 Bedrooms | $419K | $428.5K | +2.3% |
3 Bedrooms | $500K | $505K | +1.0% |
4 Bedrooms | $570K | $577.5K | +1.3% |
5+ Bedrooms | $537.9K | $567.9K | +5.6% |
Summary: Graham housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.1%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
Graham | $518K | $541.3K | +4.5% |
Spanaway | $465K | $484.8K | +4.3% |
Graham-Thrift | $529.9K | $538.6K | +1.6% |
Orting | $523.9K | $530K | +1.1% |
Mount Rainier | $554.9K | $540K | -2.7% |
Housing Supply in Graham, WA
How many homes are available in Graham, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
129 | 146 | +13.2% |
Summary: The Graham real estate market had 146 homes for sale in May 2024, a 13.2% 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 | 14 | 15 | +7.1% |
3 Bedrooms | 57 | 67 | +17.5% |
4 Bedrooms | 52 | 59 | +13.5% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Graham 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 7.1%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 27 | -18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Graham in May 2024, down by 18.2% month-over-month. Of the 27 sold homes, 15% were sold under asking, 37% were sold at asking, and 48% were sold over asking.
Days on Market for Graham, WA
How long does it take to sell a home in Graham, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 14 Days | -6.3% |
Summary: Homes in Graham had an average of 14 days on market in May 2024, down by 6.3% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in Graham; 93% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.