Is Clark County, 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, Clark County has remained a Seller's Market.
Housing Prices in Clark County, WA
How much do homes in Clark County, WA cost?
Median Sold Price
$539,779
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Clark County was $539,779 in May 2024, up 3% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $279K | +7.3% |
2 Bedrooms | $359.9K | $375K | +4.2% |
3 Bedrooms | $474K | $485K | +2.3% |
4 Bedrooms | $611.7K | $640.6K | +4.7% |
5+ Bedrooms | $760K | $772.5K | +1.7% |
Summary: Clark County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 1.7%.
Median Sold Price Compared To Nearby Counties
Skamania County | $510K | $550K | +7.8% |
Clark County | $524.2K | $539.7K | +3.0% |
Cowlitz County | $390.1K | $399.6K | +2.4% |
Columbia County | $439.5K | $450K | +2.4% |
Multnomah County | $507.5K | $499.9K | -1.5% |
Housing Supply in Clark County, WA
How many homes are available in Clark County, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2,470 | 2,749 | +11.3% |
Summary: The Clark County real estate market had 2,749 homes for sale in May 2024, a 11.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 27 | 37 | +37.0% |
2 Bedrooms | 194 | 237 | +22.2% |
3 Bedrooms | 1,132 | 1,236 | +9.2% |
4 Bedrooms | 820 | 927 | +13.0% |
5+ Bedrooms | 297 | 312 | +5.1% |
Summary: The Clark County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 5.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
552 | 483 | -12.5% |
Asking Price vs. Sold Price
148 Homes Were Sold
Under Asking
169 Homes Were Sold
At Asking
166 Homes Were Sold
Over Asking
Summary: A total of 483 homes were sold or pending in Clark County in May 2024, down by 12.5% month-over-month. Of the 483 sold homes, 31% were sold under asking, 35% were sold at asking, and 34% were sold over asking.
Days on Market for Clark County, WA
How long does it take to sell a home in Clark County, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 36 Days | +31.2% |
Summary: Homes in Clark County had an average of 36 days on market in May 2024, up by 31.2% compared to last year.
Breakdown of Home Sale Times
333 Homes Were Sold
Under 30 Days
97 Homes Were Sold
In 30 - 90 Days
53 Homes Were Sold
Over 90 Days
Summary: During May 2024, 483 homes were sold in Clark County; 69% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.