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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roy is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Roy was a Buyer's Market.

Key Takeaway

Roy 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 Roy, WA

How much do homes in Roy, WA cost?

Median Sold Price

$555,000

$300/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$55,025(+11.0%)

Key Takeaway

Homes in Roy have sold for 11% more than they did a year ago.

Summary: The median home sold price in Roy was $555,000 in November 2024, up 11% from last year, and the median price per square foot was $300.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $500K$125K
-75.0%
2 $291.6K$410K
+40.6%
3 $505K$554.5K
+9.8%
4 $589K$750K
+27.3%
5+ $738.6K$861.8K
+16.7%

Summary: Roy housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 40.6%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 16.7%.

Median Sold Price Compared To Nearby Cities

Roy
+11.0%
Fort Lewis-DuPont
-1.4%

Housing Supply in Roy, WA

How many homes are available in Roy, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6769+3.0%

Summary: The Roy real estate market had 69 homes for sale in November 2024, a 3.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 3740
+8.1%
4 2424
0.0%
5+ 21
-50.0%

Summary: The Roy 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 remained the same, 3 bedroom homes increased by 8.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 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. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Roy in November 2024, the same as the previous month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% 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

Nov 2023Nov 2024CHANGE
33 Days96 Days+192.0%

Summary: Homes in Roy had an average of 96 days on market in Nov 2024, up by 192% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Roy are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Roy; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% 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 17 Days Ago

Newest Listings in Roy, WA

Nearby Markets to Roy, WA

What housing markets are near Roy, WA?