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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hoodsport is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Hoodsport was a Seller's Market.

Key Takeaway

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

Housing Prices in Hoodsport, WA

How much do homes in Hoodsport, WA cost?

Median Sold Price

$350,000

$298/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$5,000(-1.4%)

Key Takeaway

Homes in Hoodsport have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Hoodsport was $350,000 in September 2024, down 1.4% from last year, and the median price per square foot was $298.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $285.2K$280K
-1.8%
2 $350K$410K
+17.1%
3 $391.9K$359.5K
-8.3%
4 $700K$750K
+7.1%
5+ --
N/A

Summary: Hoodsport housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 17.1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lilliwaup
+12.9%
West Mason
+2.9%
Hoodsport
-1.4%
Quilcene Bay-Brinnon
-18.9%

Housing Supply in Hoodsport, WA

How many homes are available in Hoodsport, WA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
46460.0%

Summary: The Hoodsport real estate market had 46 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 1213
+8.3%
2 2124
+14.3%
3 128
-33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Hoodsport housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hoodsport, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Hoodsport in September 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Hoodsport, WA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
28 Days76 Days+163.1%

Summary: Homes in Hoodsport had an average of 76 days on market in Sep 2024, up by 163.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 4 homes were sold in Hoodsport; 50% of homes were sold within 30 days, 25% 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 29 Days Ago

Newest Listings in Hoodsport, WA

Nearby Markets to Hoodsport, WA

What housing markets are near Hoodsport, WA?