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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cowlitz County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Cowlitz County, WA

How much do homes in Cowlitz County, WA cost?

Median Sold Price

$404,630

$259/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,201(+2.3%)

Key Takeaway

Homes in Cowlitz County have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Cowlitz County was $404,630 in October 2024, up 2.3% from last year, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $230K$241.5K
+5.0%
2 $275K$300K
+9.1%
3 $399.9K$409.5K
+2.4%
4 $475K$490K
+3.2%
5+ $518K$522.5K
+0.9%

Summary: Cowlitz County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Counties

Clark County
+4.1%
Cowlitz County
+2.3%
Lewis County
+1.3%
Columbia County
+1.2%
Skamania County
0.0%

Housing Supply in Cowlitz County, WA

How many homes are available in Cowlitz County, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
842887+5.3%

Summary: The Cowlitz County real estate market had 887 homes for sale in October 2024, a 5.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1525
+66.7%
2 151144
-4.6%
3 425435
+2.4%
4 205223
+8.8%
5+ 4660
+30.4%

Summary: The Cowlitz County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 30.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
148187+26.4%

Asking Price vs. Sold Price

84 Homes Were Sold
Under Asking

54 Homes Were Sold
At Asking

49 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cowlitz County, you may be able to get a good deal. 44.9% of homes here sold below asking price last month.

Summary: A total of 187 homes were sold or pending in Cowlitz County in October 2024, up by 26.4% month-over-month. Of the 187 sold homes, 45% were sold under asking, 29% were sold at asking, and 26% were sold over asking.

Days on Market for Cowlitz County, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days45 Days+36.2%

Summary: Homes in Cowlitz County had an average of 45 days on market in Oct 2024, up by 36.2% compared to last year.

Breakdown of Home Sale Times

92 Homes Were Sold
Under 30 Days

67 Homes Were Sold
In 30 - 90 Days

28 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 187 homes were sold in Cowlitz County; 49% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 15% 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 20 Days Ago

Newest Listings in Cowlitz County, WA

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