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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fremont is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Fremont, WA

How much do homes in Fremont, WA cost?

Median Sold Price

$837,500

$640/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$55,000(+7.0%)

Key Takeaway

Homes in Fremont have sold for 7% more than they did a year ago.

Summary: The median home sold price in Fremont was $837,500 in November 2024, up 7% from last year, and the median price per square foot was $640.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $399K$402.5K
+0.9%
2 $719.9K$730K
+1.4%
3 $977.5K$967.5K
-1.0%
4 $1.2M$1.3M
+2.8%
5+ $1.1M$1.3M
+21.1%

Summary: Fremont housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 1.4%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 21.1%.

Housing Supply in Fremont, WA

How many homes are available in Fremont, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6456-12.5%

Summary: The Fremont real estate market had 56 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 67
+16.7%
2 2621
-19.2%
3 2522
-12.0%
4 66
0.0%
5+ 10
-100.0%

Summary: The Fremont housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 19.2%, 3 bedroom homes decreased by 12%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1814-22.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fremont, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in Fremont in November 2024, down by 22.2% month-over-month. Of the 14 sold homes, 36% were sold under asking, 57% were sold at asking, and 7% were sold over asking.

Days on Market for Fremont, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days21 Days+10.5%

Summary: Homes in Fremont had an average of 21 days on market in Nov 2024, up by 10.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 14 homes were sold in Fremont; 64% of homes were sold within 30 days, 36% 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 24 Days Ago

Newest Listings in Fremont, WA

Nearby Markets to Fremont, WA