$4,928 Closing Credit*
$415,000
1,361 SqFt
3 Beds
•2 Full Baths, 1 Partial
Karen Schrank, Listing Office: Van Dorm Realty, Inc
Is Lacey, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lacey has remained a Seller's Market.
Key Takeaway
Lacey is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lacey, WA
How much do homes in Lacey, WA cost?
Median Sold Price
$495,000
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,001(+4.2%)
Key Takeaway
Homes in Lacey have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Lacey was $495,000 in October 2024, up 4.2% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $452.2K | $400K | -11.6% |
| 2 Bedrooms | $425K | $424.9K | 0% |
| 3 Bedrooms | $450K | $472.8K | +5.1% |
| 4 Bedrooms | $525K | $564.9K | +7.6% |
| 5+ Bedrooms | $609K | $629.9K | +3.4% |
Summary: Lacey housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Lacey | $474.9K | $495K | +4.2% |
| Olympia East | $480K | $500K | +4.1% |
| Olympia | $540.1K | $552.9K | +2.4% |
| Thurston South | $455.4K | $464.6K | +2.0% |
Housing Supply in Lacey, WA
How many homes are available in Lacey, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 230 | 246 | +7.0% |
Summary: The Lacey real estate market had 246 homes for sale in October 2024, a 7.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 53 | 52 | -1.9% |
| 3 Bedrooms | 111 | 127 | +14.4% |
| 4 Bedrooms | 57 | 54 | -5.3% |
| 5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Lacey housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 14.4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 81 | +35.0% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lacey, you may be able to get a good deal. 39.5% of homes here sold below asking price last month.
Summary: A total of 81 homes were sold or pending in Lacey in October 2024, up by 35.0% month-over-month. Of the 81 sold homes, 40% were sold under asking, 37% were sold at asking, and 23% were sold over asking.
Days on Market for Lacey, WA
How long does it take to sell a home in Lacey, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 31 Days | +35.7% |
Summary: Homes in Lacey had an average of 31 days on market in Oct 2024, up by 35.7% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lacey are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 81 homes were sold in Lacey; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
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