Is Crown Hill, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crown Hill is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Crown Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Crown Hill, WA

How much do homes in Crown Hill, WA cost?

Median Sold Price

$800,000

$564/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$20,000(-2.4%)

Key Takeaway

Homes in Crown Hill have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Crown Hill was $800,000 in September 2024, down 2.4% from last year, and the median price per square foot was $564.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $554.7K$365K
-34.2%
2 $739.9K$669K
-9.6%
3 $840K$886K
+5.5%
4 $975K$1.1M
+18.5%
5+ $1.9M$1.5M
-19.2%

Summary: Crown Hill housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.2%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 19.2%.

Housing Supply in Crown Hill, WA

How many homes are available in Crown Hill, WA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1725+47.1%

Summary: The Crown Hill real estate market had 25 homes for sale in September 2024, a 47.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 813
+62.5%
4 35
+66.7%
5+ 21
-50.0%

Summary: The Crown Hill housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crown Hill, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Crown Hill in September 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Crown Hill, WA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
35 Days7 Days-78.5%

Summary: Homes in Crown Hill had an average of 7 days on market in Sep 2024, down by 78.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 3 homes were sold in Crown Hill; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Crown Hill, WA

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