Is Clark County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clark County is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Clark County has remained a Seller's Market.

Key Takeaway

Clark County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$15,514(+3.0%)

Key Takeaway

Homes in Clark County have sold for 3% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $260K$279K
+7.3%
2 $359.9K$375K
+4.2%
3 $474K$485K
+2.3%
4 $611.7K$640.6K
+4.7%
5+ $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
+7.8%
Clark County
+3.0%
Cowlitz County
+2.4%
Columbia County
+2.4%
Multnomah County
-1.5%

Housing Supply in Clark County, WA

How many homes are available in Clark County, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2,4702,749+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

# BEDSApr 2024May 2024CHANGE
1 2737
+37.0%
2 194237
+22.2%
3 1,1321,236
+9.2%
4 820927
+13.0%
5+ 297312
+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 2024May 2024CHANGE
552483-12.5%

Asking Price vs. Sold Price

148 Homes Were Sold
Under Asking

169 Homes Were Sold
At Asking

166 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clark County, expect to pay close to the asking price. 35% of homes here sold near the asking price last month.

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 2023May 2024CHANGE
27 Days36 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clark County are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Clark County, WA

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