$7,897 Closing Credit*
$665,000
1,660 SqFt
3 Beds
•2 Full Baths, 1 Partial
Chris M. Wood, Listing Office: John L Scott Westwood
Is Auburn, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Auburn has remained a Seller's Market.
Key Takeaway
Auburn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Auburn, WA
How much do homes in Auburn, WA cost?
Median Sold Price
$595,000
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,750(+0.6%)
Key Takeaway
Homes in Auburn have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Auburn was $595,000 in October 2024, up 0.6% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $212.5K | $292.5K | +37.6% |
| 2 Bedrooms | $375.5K | $395K | +5.2% |
| 3 Bedrooms | $544.6K | $555.1K | +1.9% |
| 4 Bedrooms | $675K | $696.9K | +3.3% |
| 5+ Bedrooms | $760K | $799.9K | +5.3% |
Summary: Auburn housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.6%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
| Algona | $455.9K | $500K | +9.7% |
| Federal Way-Auburn | $545.9K | $575.2K | +5.4% |
| Kent | $620K | $650.1K | +4.9% |
| Auburn | $591.2K | $595K | +0.6% |
| Pacific | $545K | $525K | -3.7% |
Housing Supply in Auburn, WA
How many homes are available in Auburn, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 397 | 404 | +1.8% |
Summary: The Auburn real estate market had 404 homes for sale in October 2024, a 1.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 53 | 66 | +24.5% |
| 3 Bedrooms | 160 | 155 | -3.1% |
| 4 Bedrooms | 135 | 128 | -5.2% |
| 5+ Bedrooms | 44 | 46 | +4.5% |
Summary: The Auburn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 24.5%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 102 | 110 | +7.8% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Auburn, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 110 homes were sold or pending in Auburn in October 2024, up by 7.8% month-over-month. Of the 110 sold homes, 45% were sold under asking, 26% were sold at asking, and 28% were sold over asking.
Days on Market for Auburn, WA
How long does it take to sell a home in Auburn, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 39 Days | +59.0% |
Summary: Homes in Auburn had an average of 39 days on market in Oct 2024, up by 59% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Auburn are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 110 homes were sold in Auburn; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.