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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hough is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Hough, WA

How much do homes in Hough, WA cost?

Median Sold Price

$549,750

$346/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,250(-0.2%)

Key Takeaway

The sold price of homes in Hough has remained the same since last year.

Summary: The median home sold price in Hough was $549,750 in October 2024, down 0.2% from last year, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$315K
N/A
2 $371.9K$455K
+22.3%
3 $620K$576.6K
-7.0%
4 $590K$770K
+30.5%
5+ $800K$650K
-18.8%

Summary: Hough housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.3%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 30.5%, and 5+ bedroom homes decreased by 18.8%.

Housing Supply in Hough, WA

How many homes are available in Hough, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1714-17.6%

Summary: The Hough real estate market had 14 homes for sale in October 2024, a 17.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 21
-50.0%
3 43
-25.0%
4 66
0.0%
5+ 33
0.0%

Summary: The Hough housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hough, 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 Hough in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Hough, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
4 Days43 Days+975.0%

Summary: Homes in Hough had an average of 43 days on market in Oct 2024, up by 975% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Hough; 50% of homes were sold within 30 days, 50% 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 16 Days Ago

Newest Listings in Hough, WA

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