Is Lewis County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewis County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Lewis County, WA

How much do homes in Lewis County, WA cost?

Median Sold Price

$407,518

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,643(+2.2%)

Key Takeaway

Homes in Lewis County have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Lewis County was $407,518 in November 2024, up 2.2% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $379K$300K
-20.8%
2 $315K$325K
+3.2%
3 $402.4K$424.9K
+5.6%
4 $475K$485K
+2.1%
5+ $508.9K$725K
+42.5%

Summary: Lewis County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.8%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 42.5%.

Median Sold Price Compared To Nearby Counties

Pierce County
+4.8%
Lewis County
+2.2%
Thurston County
+1.7%
Cowlitz County
+1.7%

Housing Supply in Lewis County, WA

How many homes are available in Lewis County, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
530512-3.4%

Summary: The Lewis County real estate market had 512 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1414
0.0%
2 9291
-1.1%
3 317307
-3.2%
4 8478
-7.1%
5+ 2322
-4.3%

Summary: The Lewis County 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 1.1%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 4.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
9457-39.4%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewis County, you may be able to get a good deal. 59.6% of homes here sold below asking price last month.

Summary: A total of 57 homes were sold or pending in Lewis County in November 2024, down by 39.4% month-over-month. Of the 57 sold homes, 60% were sold under asking, 32% were sold at asking, and 9% were sold over asking.

Days on Market for Lewis County, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
42 Days57 Days+36.1%

Summary: Homes in Lewis County had an average of 57 days on market in Nov 2024, up by 36.1% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lewis County has remained consistent over time.

Summary: During November 2024, 57 homes were sold in Lewis County; 39% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 21% 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 20 Days Ago

Newest Listings in Lewis County, WA

Nearby Markets to Lewis County, WA

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