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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grayland is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Grayland, WA

How much do homes in Grayland, WA cost?

Median Sold Price

$276,250

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$53,750(-16.3%)

Key Takeaway

Homes in Grayland have sold for 16.3% less than they did a year ago.

Summary: The median home sold price in Grayland was $276,250 in November 2024, down 16.3% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $241.5K$274K
+13.5%
2 $360K$265K
-26.4%
3 $385K$315K
-18.2%
4 -$310K
N/A
5+ -$420K
N/A

Summary: Grayland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes decreased by 26.4%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Grayland, WA

How many homes are available in Grayland, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
15150.0%

Summary: The Grayland real estate market had 15 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 54
-20.0%
3 77
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Grayland 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 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

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 Grayland, 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 Grayland in November 2024, up by 200.0% 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 Grayland, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
86 Days32 Days-62.2%

Summary: Homes in Grayland had an average of 32 days on market in Nov 2024, down by 62.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Grayland are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Grayland; 67% of homes were sold within 30 days, 33% 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 21 Days Ago

Newest Listings in Grayland, WA

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