Is Grays Harbor County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grays Harbor County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Grays Harbor County was a Seller's Market.

Key Takeaway

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

Housing Prices in Grays Harbor County, WA

How much do homes in Grays Harbor County, WA cost?

Median Sold Price

$349,059

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,079(+2.7%)

Key Takeaway

Homes in Grays Harbor County have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Grays Harbor County was $349,059 in November 2024, up 2.7% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $199.4K$202K
+1.3%
2 $300K$310K
+3.3%
3 $360K$374.9K
+4.1%
4 $380K$383K
+0.8%
5+ $383.5K$359.9K
-6.1%

Summary: Grays Harbor County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Counties

Mason County
+4.9%
Jefferson County
+3.0%
Grays Harbor County
+2.7%
Thurston County
+1.7%
Pacific County
-2.3%

Housing Supply in Grays Harbor County, WA

How many homes are available in Grays Harbor County, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
655630-3.8%

Summary: The Grays Harbor County real estate market had 630 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 4744
-6.4%
2 175169
-3.4%
3 320305
-4.7%
4 9393
0.0%
5+ 2019
-5.0%

Summary: The Grays Harbor County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.4%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8488+4.8%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

28 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grays Harbor County, you may be able to get a good deal. 53.4% of homes here sold below asking price last month.

Summary: A total of 88 homes were sold or pending in Grays Harbor County in November 2024, up by 4.8% month-over-month. Of the 88 sold homes, 53% were sold under asking, 32% were sold at asking, and 15% were sold over asking.

Days on Market for Grays Harbor County, WA

How long does it take to sell a home in Grays Harbor County, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days75 Days+29.4%

Summary: Homes in Grays Harbor County had an average of 75 days on market in Nov 2024, up by 29.4% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

31 Homes Were Sold
In 30 - 90 Days

31 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Grays Harbor County has remained consistent over time.

Summary: During November 2024, 88 homes were sold in Grays Harbor County; 30% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 35% 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 Grays Harbor County, WA

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