Is Roy, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roy is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Roy was a Seller's Market.

Key Takeaway

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

Housing Prices in Roy, WA

How much do homes in Roy, WA cost?

Median Sold Price

$585,000

$294/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$14,950(-2.5%)

Key Takeaway

Homes in Roy have sold for 2.5% less than they did a month ago.

Summary: The median home sold price in Roy was $585,000 in October 2024, down 2.5% from last month, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $21.5K-
N/A
2 $599.9K$135K
-77.5%
3 $552.5K$585K
+5.9%
4 $862.5K$629.9K
-27.0%
5+ $712K$899.7K
+26.4%

Summary: Roy housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 77.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 27%, and 5+ bedroom homes increased by 26.4%.

Housing Supply in Roy, WA

How many homes are available in Roy, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6465+1.6%

Summary: The Roy real estate market had 65 homes for sale in October 2024, a 1.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 64
-33.3%
3 3436
+5.9%
4 1923
+21.1%
5+ 42
-50.0%

Summary: The Roy housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roy, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Roy in October 2024, down by 35.7% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for Roy, WA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
57 Days62 Days+8.0%

Summary: Homes in Roy had an average of 62 days on market in Oct 2024, up by 8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Roy has remained consistent over time.

Summary: During October 2024, 9 homes were sold in Roy; 22% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 22% 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 16 Days Ago

Newest Listings in Roy, WA

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