$7,719 Closing Credit*
$650,000
2,096 SqFt
4 Beds
•1 Full Bath
Joy Johnson, Listing Office: eXp Realty LLC
Is Hough, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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
$537,250
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$8,212(+1.6%)
Key Takeaway
Homes in Hough have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Hough was $537,250 in August 2024, up 1.6% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $370K | $450K | +21.6% |
| 3 Bedrooms | $596K | $558.2K | -6.3% |
| 4 Bedrooms | $499K | $720K | +44.3% |
| 5+ Bedrooms | $800K | - | N/A |
Summary: Hough housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.6%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 44.3%, and 5+ bedroom homes did not change.
Housing Supply in Hough, WA
How many homes are available in Hough, WA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Summary: The Hough real estate market had 17 homes for sale in August 2024, a 5.6% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hough housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hough, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Hough in August 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 57% were sold at asking, and 29% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 12 Days | 27 Days | +123.5% |
Summary: Homes in Hough had an average of 27 days on market in Aug 2024, up by 123.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hough are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 7 homes were sold in Hough; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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