Is Ruston, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Ruston was a Neutral Market.
Key Takeaway
Ruston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ruston, WA
How much do homes in Ruston, WA cost?
Median Sold Price
$617,500
$437/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Key Takeaway
Homes in Ruston have sold for 9.2% less than they did a year ago.
Summary: The median home sold price in Ruston was $617,500 in October 2024, down 9.2% from last year, and the median price per square foot was $437.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $475K | $500K | +5.3% |
| 3 Bedrooms | $610K | $679K | +11.3% |
| 4 Bedrooms | $910K | $567K | -37.7% |
| 5+ Bedrooms | - | $830K | N/A |
Summary: Ruston housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 37.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Tacoma | $450K | $479.5K | +6.6% |
| Ruston | $680K | $617.5K | -9.2% |
Housing Supply in Ruston, WA
How many homes are available in Ruston, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Ruston real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ruston 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ruston, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Ruston in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Ruston, WA
How long does it take to sell a home in Ruston, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 120 Days | 26 Days | -78.3% |
Summary: Homes in Ruston had an average of 26 days on market in Oct 2024, down by 78.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ruston are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Ruston; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
