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 October 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

$349,952

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,391(+3.4%)

Key Takeaway

Homes in Grays Harbor County have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Grays Harbor County was $349,952 in October 2024, up 3.4% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $199K$179K
-10.1%
2 $300K$315K
+5.0%
3 $359.8K$374K
+3.9%
4 $375K$395K
+5.3%
5+ $383.5K$359.9K
-6.1%

Summary: Grays Harbor County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.1%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Counties

Jefferson County
+5.0%
Mason County
+4.8%
Grays Harbor County
+3.4%
Thurston County
+2.5%
Pacific County
-1.0%

Housing Supply in Grays Harbor County, WA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
690700+1.4%

Summary: The Grays Harbor County real estate market had 700 homes for sale in October 2024, a 1.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4650
+8.7%
2 197185
-6.1%
3 322329
+2.2%
4 102111
+8.8%
5+ 2325
+8.7%

Summary: The Grays Harbor County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.7%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 8.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
10075-25.0%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

15 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. 52% of homes here sold below asking price last month.

Summary: A total of 75 homes were sold or pending in Grays Harbor County in October 2024, down by 25.0% month-over-month. Of the 75 sold homes, 52% were sold under asking, 28% were sold at asking, and 20% 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

Oct 2023Oct 2024CHANGE
53 Days70 Days+31.3%

Summary: Homes in Grays Harbor County had an average of 70 days on market in Oct 2024, up by 31.3% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

27 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 75 homes were sold in Grays Harbor County; 39% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 25% 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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