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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forks is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Forks has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Forks, WA

How much do homes in Forks, WA cost?

Median Sold Price

$317,500

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,500(+6.5%)

Key Takeaway

Homes in Forks have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Forks was $317,500 in November 2024, up 6.5% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $210K-
N/A
2 $241K$225K
-6.6%
3 $320K$320K
0.0%
4 $284.9K$450K
+57.9%
5+ $178.9K$485K
+171.1%

Summary: Forks housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 57.9%, and 5+ bedroom homes increased by 171.1%.

Median Sold Price Compared To Nearby Cities

Forks
+6.5%
Forks
+5.8%

Housing Supply in Forks, WA

How many homes are available in Forks, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2920-31.0%

Summary: The Forks real estate market had 20 homes for sale in November 2024, a 31.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 74
-42.9%
3 1512
-20.0%
4 31
-66.7%
5+ 10
-100.0%

Summary: The Forks housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forks, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Forks in November 2024, down by 77.8% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Forks, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days29 Days-32.2%

Summary: Homes in Forks had an average of 29 days on market in Nov 2024, down by 32.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Forks; 50% of homes were sold within 30 days, 50% 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 Forks, WA

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