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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Adams, WA

How much do homes in Adams, WA cost?

Median Sold Price

$800,000

$611/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$100(0.0%)

Key Takeaway

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

Summary: The median home sold price in Adams was $800,000 in October 2024, the same as last year, and the median price per square foot was $611.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $455K$450K
-1.1%
2 $688.2K$717.5K
+4.3%
3 $900K$879.5K
-2.3%
4 $1.0M$1.2M
+15.2%
5+ $1.2M$1.0M
-18.3%

Summary: Adams housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes decreased by 18.3%.

Median Sold Price Compared To Nearby Neighborhoods

West Woodland
+6.3%
Ballard
+3.5%
Adams
0.0%
Gilman Park
0.0%
Salmon Bay Park
-5.9%

Housing Supply in Adams, WA

How many homes are available in Adams, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6078+30.0%

Summary: The Adams real estate market had 78 homes for sale in October 2024, a 30.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1522
+46.7%
2 1318
+38.5%
3 2125
+19.0%
4 68
+33.3%
5+ 55
0.0%

Summary: The Adams housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 46.7%, 2 bedroom homes increased by 38.5%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
817+112.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Adams in October 2024, up by 112.5% month-over-month. Of the 17 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.

Days on Market for Adams, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days37 Days-4.8%

Summary: Homes in Adams had an average of 37 days on market in Oct 2024, down by 4.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 17 homes were sold in Adams; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% 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 4 Days Ago

Newest Listings in Adams, WA

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