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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pacific County is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Pacific County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pacific County, WA

How much do homes in Pacific County, WA cost?

Median Sold Price

$338,750

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,535(-1.0%)

Key Takeaway

Homes in Pacific County have sold for 1% less than they did a year ago.

Summary: The median home sold price in Pacific County was $338,750 in October 2024, down 1% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $230K$235K
+2.2%
2 $324.2K$315K
-2.9%
3 $368K$409.5K
+11.3%
4 $470K$440K
-6.4%
5+ $553K$400K
-27.7%

Summary: Pacific County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 27.7%.

Median Sold Price Compared To Nearby Counties

Wahkiakum County
+5.9%
Grays Harbor County
+3.4%
Lewis County
+1.3%
Pacific County
-1.0%

Housing Supply in Pacific County, WA

How many homes are available in Pacific County, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
351332-5.4%

Summary: The Pacific County real estate market had 332 homes for sale in October 2024, a 5.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2626
0.0%
2 137124
-9.5%
3 141138
-2.1%
4 3533
-5.7%
5+ 1211
-8.3%

Summary: The Pacific County 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 9.5%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5148-5.9%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pacific County, you may be able to get a good deal. 85.4% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Pacific County in October 2024, down by 5.9% month-over-month. Of the 48 sold homes, 85% were sold under asking, 13% were sold at asking, and 2% were sold over asking.

Days on Market for Pacific County, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
110 Days127 Days+15.0%

Summary: Homes in Pacific County had an average of 127 days on market in Oct 2024, up by 15% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

31 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pacific County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 48 homes were sold in Pacific County; 17% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 65% 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 Pacific County, WA

Nearby Markets to Pacific County, WA

What housing markets are near Pacific County, WA?