Is Aberdeen, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aberdeen is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Aberdeen was a Seller's Market.

Key Takeaway

Aberdeen 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 Aberdeen, WA

How much do homes in Aberdeen, WA cost?

Median Sold Price

$277,250

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,250(+0.5%)

Key Takeaway

The sold price of homes in Aberdeen has remained the same since last year.

Summary: The median home sold price in Aberdeen was $277,250 in October 2024, up 0.5% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $202.4K$152K
-24.9%
2 $225K$215K
-4.4%
3 $298.5K$289.9K
-2.9%
4 $291.4K$345K
+18.4%
5+ $378.5K$255.6K
-32.5%

Summary: Aberdeen housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24.9%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 32.5%.

Median Sold Price Compared To Nearby Cities

Aberdeen-Hoquiam
+3.3%
Aberdeen
0.5%

Housing Supply in Aberdeen, WA

How many homes are available in Aberdeen, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
117118+0.9%

Summary: The Aberdeen real estate market had 118 homes for sale in October 2024, a 0.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2521
-16.0%
3 5756
-1.8%
4 3035
+16.7%
5+ 56
+20.0%

Summary: The Aberdeen housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
19190.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aberdeen, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Aberdeen in October 2024, the same as the previous month. Of the 19 sold homes, 42% were sold under asking, 42% were sold at asking, and 16% were sold over asking.

Days on Market for Aberdeen, WA

How long does it take to sell a home in Aberdeen, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
57 Days35 Days-38.1%

Summary: Homes in Aberdeen had an average of 35 days on market in Oct 2024, down by 38.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 19 homes were sold in Aberdeen; 53% of homes were sold within 30 days, 37% 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 16 Days Ago

Newest Listings in Aberdeen, WA

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