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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Enumclaw is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Enumclaw, WA

How much do homes in Enumclaw, WA cost?

Median Sold Price

$648,756

$355/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$1,243(-0.2%)

Key Takeaway

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

Summary: The median home sold price in Enumclaw was $648,756 in November 2024, down 0.2% from last year, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $472.5K$660.5K
+39.8%
2 $449.9K$465K
+3.3%
3 $609.9K$613K
0.5%
4 $712.5K$749.9K
+5.3%
5+ $770K$750K
-2.6%

Summary: Enumclaw housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.8%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Cities

Enumclaw
-0.2%
Enumclaw Plateau
-1.2%

Housing Supply in Enumclaw, WA

How many homes are available in Enumclaw, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8366-20.5%

Summary: The Enumclaw real estate market had 66 homes for sale in November 2024, a 20.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 169
-43.8%
3 3832
-15.8%
4 2115
-28.6%
5+ 77
0.0%

Summary: The Enumclaw housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 43.8%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2529+16.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Enumclaw, you could pay more than the asking price. 41.4% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in Enumclaw in November 2024, up by 16.0% month-over-month. Of the 29 sold homes, 31% were sold under asking, 28% were sold at asking, and 41% were sold over asking.

Days on Market for Enumclaw, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days31 Days-16.7%

Summary: Homes in Enumclaw had an average of 31 days on market in Nov 2024, down by 16.7% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 29 homes were sold in Enumclaw; 62% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 3% 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 Enumclaw, WA

Nearby Markets to Enumclaw, WA

What housing markets are near Enumclaw, WA?