$5,926 Closing Credit*
$499,000
1,968 SqFt
3 Beds
•1 Full Bath
Joe S Symonette, Listing Office: eXp Realty
Is Lacey, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+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 November 2024, up 4.2% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $452.2K | $400K | -11.6% |
| 2 Bedrooms | $419.9K | $425K | +1.2% |
| 3 Bedrooms | $450K | $474.9K | +5.6% |
| 4 Bedrooms | $525K | $564.9K | +7.6% |
| 5+ Bedrooms | $609.5K | $629.9K | +3.4% |
Summary: Lacey housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.6%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Lacey | $475K | $495K | +4.2% |
| Olympia East | $485K | $500K | +3.1% |
| Olympia | $544.9K | $550.5K | +1.0% |
| Thurston South | $460.3K | $460.3K | 0% |
Housing Supply in Lacey, WA
How many homes are available in Lacey, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 239 | 194 | -18.8% |
Summary: The Lacey real estate market had 194 homes for sale in November 2024, a 18.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 50 | 46 | -8.0% |
| 3 Bedrooms | 123 | 101 | -17.9% |
| 4 Bedrooms | 53 | 37 | -30.2% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The Lacey housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 30.2%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 84 | 60 | -28.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lacey, you could pay more than the asking price. 36.7% of homes here sold above asking price last month.
Summary: A total of 60 homes were sold or pending in Lacey in November 2024, down by 28.6% month-over-month. Of the 60 sold homes, 28% were sold under asking, 35% were sold at asking, and 37% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 31 Days | +23.6% |
Summary: Homes in Lacey had an average of 31 days on market in Nov 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 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 November 2024, 60 homes were sold in Lacey; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% 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.