Is Fort Lewis-DuPont, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Lewis-DuPont is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Fort Lewis-DuPont has remained a Seller's Market.

Key Takeaway

Fort Lewis-DuPont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fort Lewis-DuPont, WA

How much do homes in Fort Lewis-DuPont, WA cost?

Median Sold Price

$505,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,700(-0.7%)

Key Takeaway

Homes in Fort Lewis-DuPont have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Fort Lewis-DuPont was $505,000 in October 2024, down 0.7% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $355K$361.5K
+1.8%
3 $492.5K$486K
-1.3%
4 $595K$600K
+0.8%
5+ $665K$662.4K
-0.4%

Summary: Fort Lewis-DuPont housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 0.4%.

Median Sold Price Compared To Nearby Cities

Lakewood
+6.1%
Fort Lewis-DuPont
-0.7%
DuPont
-0.7%

Housing Supply in Fort Lewis-DuPont, WA

How many homes are available in Fort Lewis-DuPont, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3729-21.6%

Summary: The Fort Lewis-DuPont real estate market had 29 homes for sale in October 2024, a 21.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2620
-23.1%
4 77
0.0%
5+ 21
-50.0%

Summary: The Fort Lewis-DuPont housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1512-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Lewis-DuPont, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Fort Lewis-DuPont in October 2024, down by 20.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 25% were sold at asking, and 58% were sold over asking.

Days on Market for Fort Lewis-DuPont, WA

How long does it take to sell a home in Fort Lewis-DuPont, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days30 Days+11.2%

Summary: Homes in Fort Lewis-DuPont had an average of 30 days on market in Oct 2024, up by 11.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fort Lewis-DuPont are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in Fort Lewis-DuPont; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 Fort Lewis-DuPont, WA

Nearby Markets to Fort Lewis-DuPont, WA

What housing markets are near Fort Lewis-DuPont, WA?