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 22 Days Ago

Newest Listings in Adams, WA

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